To: DaYooper who wrote (24153 ) 12/29/2015 2:24:44 PM From: JimisJim Respond to Not sure your question actually asks what you meant to ask... there are no tax considerations if an MLP has gains above some cap -- you do have to worry about cap gains/recapture stuff with the IRS when/if you sell MLPs in a ROTH or regular IRA, but it all depends on your purchase price, how long you've owned it in a retirement acct. The longer, the more distributions and the lower your cost basis -- own one long enough without adding to it and your cost basis eventually goes to zero because part of every distribution is a return of capitol (ROC). When you sell out of an MLP, you have to calculate how much was ROC vs. not and then you pay cap gains (which is usually lower for most people) on that part and you pay income tax (at your marginal rate) on the rest.
