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

To: Elroy who wrote (34126)	9/9/2022 9:24:00 AM
From: E_K_S	2 Recommendations Recommended By maverick61 Thehammer Read Replies (1) \| Respond to of 34328

UN Food Official Warns Fertilizer Affordability Crisis Could Slash Global Grain Production By 40% More than six months into the Russian invasion of Ukraine, the global fertilizer crunch threatens to starve a planet as prices are too high for some farmers ahead of the next planting season. Prices get too high, farmers will not plant . . .

To: Elroy who wrote (34126)	9/9/2022 12:31:50 PM
From: Paul Senior	Respond to of 34328

About UAN; "...MLP tax free distributions (don't sell at all)" Regarding UAN in taxable account: It may be that the distributions are tax-free if you never sell. Otoh, there still may be taxes that have to be paid. As the distributions lower the tax-basis, if/when the tax basis becomes 0, then there's a capital gain that's taxable on any further distributions. I don't believe it can be deferred or avoided, but I'm no tax expert. I don't have any experience with the tax treatment between income reported and distributions paid for UAN. Unlike UAN, with pipeline mlp's there's so much depreciation that income become negligible compared to distributions. (No "income" taxes to worry about). UAN has plants in two states. At some point, those states will tax UAN unit holders. On income the company reports? On distributions the company makes? Never, if the stockholder (unitholder) dies and the heirs receive the UAN mlp units)? I do not know. I'm betting on no free lunch though: somewhere along the line, some taxes on UAN will have to be paid. Jmo. (I have a substantial UAN position.)