RE the discussion about K-1's and MLPs. I agree with Scoups; TurboTax Premier handles the K-1's seamlessly. Not discussed, however, is figuring your new cost basis each year. Being new to the MLP world, I have not figured that out. Anyone willing to share insight or experience in figuring out the annual new cost basis for their MLP holdings? Thanks.
Commodities for Income Investors [View article]