BIG-T

The Nine Best Natural Gas, Oil Pipelines for Income and Capital Gains

The author does an excellent job of describing the tax consequences of owning MLP's in an IRA (Roth or Regular) in the 6th paragraph of the above article. I've held MLP's in my IRA for years and never came close to the $1,000.00 limit on UBTI.


On Sep 16 08:26 AM Trevorr wrote:

> If an MLP is owned in a Roth, isn't one absolved from any tax consequences?

Attractive Outlook for MLPs Following September Lows

I'm not aware there is a dividend limit.

Attractive Outlook for MLPs Following September Lows

ClarkF- as I understand the IRA rules, the $1,000 per year limit is on the "Unrelated Business Taxable Income" not Dividends.

The UBTI is shown in Box 20-V on the K-1. Most of the MLP's I own have a negative UBTI.