Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (78200)	10/7/2025 12:21:45 AM
From: Paul Senior	Read Replies (3) \| Respond to of 78468

MLP. I recall having to adjust mlp reported on form 8949 from broker. Sorry, not understanding this at all: "If 100 units are bought for $10 and two years later 100 units are bought for $18, when you sell 1 unit it will use the average value of the 1 unit at the time of sale - the K-1 doesn't allocate the unit value to a specific purchase lot". I allocated sales price of lot to purchase price of that same lot when I sold. Let me assume though that I don't know what I'm talking about, and maybe that has resulted in me doing excess work or doing things very incorrectly. ---->This all gives me a good hint that I shouldn't be dealing with these financial instruments where I'm out of my comfort zone.-g- I'm keeping a few shares of UAN and a couple of other mlp's in tracking amounts in several non-taxable accounts. This, where I'm estimating I won't exceed the UBTI threshold (about $1000 per account per year.) Regarding NGL. Assuming the same units are held every year, do you have to pay tax every year on those Box 4bc amounts?