There are a lot of very attractive natural gas partnerships out there with very high yields…I own PGH, LINE and EVEP. All of them yield over 8% currently.
Pete, the way you account for all of that is different with the IRS. With most partnerships you get a K-1 at the end of the year…and most of them don’t get sent out until sometime in march, so it holds up your filing.
Yes, foreign tax witheld is also another source of complication in filing. All of these things are beyond me (as it would seem was rob’s 1040EZ) so I leave it to my accountant.
DIBS, is there any difference between a partnership distribution and dividend (to IRS) from a stock?
And what about foreign tax withheld from dividend? does that count as taxes paid/withheld?
Thanks DeLepp. Think I’m seeing Kids Are All Right tonight. Will let you know what I thought. Very good reviews on rottentomatoes.com (I love that site)
the partnership dist. is some gas pipeline.
I don’t use accts…but I guess the tax software will be programmed for it.
There are a lot of very attractive natural gas partnerships out there with very high yields…I own PGH, LINE and EVEP. All of them yield over 8% currently.
Pete, the way you account for all of that is different with the IRS. With most partnerships you get a K-1 at the end of the year…and most of them don’t get sent out until sometime in march, so it holds up your filing.
Yes, foreign tax witheld is also another source of complication in filing. All of these things are beyond me (as it would seem was rob’s 1040EZ) so I leave it to my accountant.
DIBS, is there any difference between a partnership distribution and dividend (to IRS) from a stock?
And what about foreign tax withheld from dividend? does that count as taxes paid/withheld?
Thanks DeLepp. Think I’m seeing Kids Are All Right tonight. Will let you know what I thought. Very good reviews on rottentomatoes.com (I love that site)
biff, joan rivers was good. Kids are alright and exit rhu the gift shop are on my list, will keep you in mind, maybe this weekend.
DIBS, you anticipating she said “Ca” Jones” (ie like bobby Jones”?
House panel charges another Democrat (Rep. Maxine Waters, CA) with ethics violations.
Two in one week!!!! Seems Pelosi’s campaign is backfiring on her own people!!
ROTFLMMFAO
Did she pronounce it correctly, denton???