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


To: the traveler who wrote (20125)6/25/2014 8:05:26 PM
From: Elroy  Respond to of 34328
 
Thanks. This part is my understanding, but it's not quite clear:

UBTI is usually a small percentage of total distributions and it will not be taxed as long as the amount of this income and all other sources of UBTI does not exceed $1,000 in any year.

Does the $1,000 threshhold apply only to MLPs in a tax sheltered account, or is it a combo of regular and tax sheltered UBTI?

For example, if I have $200 of UBTI from MLPs in tax sheltered accounts, and $10,000 of UBTI from MLPs in regular accounts, do I get to ignore the $200 UBTI in the tax sheltered account when reporting?