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Strategies & Market Trends : Value Investing

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CusterInvestor
To: Paul Senior who wrote (69316)12/14/2021 7:19:10 AM
From: Ditchdigger1 Recommendation   of 78451
 
I'll keep you posted Paul. Actually looking back at my records the 990-T was issued for tax year 2019.
Introductory letter stating it was being filed because my ubti was over $1000.
My memory wasn't to good, I have the form in front of me.Line 31 $262 . Line 39 UBTI states $0
Form says I would owe the amount shown on line 54 "Tax Due" $0
A lot of calculations shown, but bottom line seems to be it didn't need to be filed.
I'm with TD, so maybe it was filed due to them being bought out?

I also sold 400 shares of EPD on 01/02/20(@28.20), $1100 capital gain shown on gains keeper.
Had no tax issues due to the sale.(trad. ira)

All that said, I'm done with mlp's for simplicity's sake ;)
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