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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: gregor who wrote (10394)	11/14/2011 7:37:08 PM
From: MoneyPenny	Respond to of 34328

distributions like return of capital have nothing to do with UBTI. You really don't have to worry about it as it is the administrator of the IRA's responsibility to file the UBTI tax due and charge your account. I had it happen to me twice. Nothing to keep someone from holding it in an IRA unless the holding is so large as to trip this tax. I was receiving almost $6k in distributions from one MLP a year and the tax was never triggered. Call the Investor Relations person if you need clarification MP

To: gregor who wrote (10394)	11/15/2011 9:50:02 AM
From: LTBH	Respond to of 34328

Yes the 14th is a big day for my taxable account also: BBEP, CLMT, ENP, LINE, MWE, NRGY and VNR. BBEP and NRGY are relatively recent adds with NRGY purchased just off its lows and the rest have been held going on 3 years this December, purchased during the big meltdown. Luck LTBH PS With MLPs, never assume ... not predictable ahead of time, the K-1 will indicate the breakdown and you will have to wait until on or near March/April to receive it (and so will your broker, whatever they may indicate ATM will/should be modified to reflect the K-1, once available).