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Transactions / Re: Master Limited Partnerships
« on: March 29, 2015, 01:27:32 PM »
Thanks Matt.
I've just started investing in MLP's, but it appears that I won't know the breakdown of the distributions (income, cap gains, ROC, etc) for a particular tax year until I receive the K-1's in Mar-Apr of the following year. I would like to input the distributions as they come in but reconcile the amounts with the different categories once I receive the K-1. Do you know if this is possible in IAM? Otherwise, it seems that I have to wait to make all the entries for the entire year after I receive the K-1.
Thanks in advance!
Andy
I've just started investing in MLP's, but it appears that I won't know the breakdown of the distributions (income, cap gains, ROC, etc) for a particular tax year until I receive the K-1's in Mar-Apr of the following year. I would like to input the distributions as they come in but reconcile the amounts with the different categories once I receive the K-1. Do you know if this is possible in IAM? Otherwise, it seems that I have to wait to make all the entries for the entire year after I receive the K-1.
Thanks in advance!
Andy