If you are seeking investment help, look at the video here on my services. If you are seeking a different approach to managing your assets, you have landed at the right spot. I am a fee-only advisor registered in the State of Maryland, charge less than half the going rate for investment management, and seek to teach individuals how to manage their own assets using low-cost indexed exchange traded funds. Please call or email me if interested in further details. My website is at http://www.rwinvestmentstrategies.com. If you are new to investing, take a look at the "DIY Investor Newbie" posts here by typing "newbie" in the search box above to the left. These take you through the basics of what you need to know in getting started on doing your own investing.
Sunday, March 13, 2011
MoneyCone has produced an excellent write-up and slide show, "HOWTO View Your Schedule K-1s Online and Import Them Into TurboTax," showing both how to get the K-1 online and how to import it into TurboTax. This very well could be what is needed to expand the participation in this sector of the market to more do-it-yourself investors.
For those interested in a good introduction to the tax implications of MLPs, see "Discover Master Limited Partnerships" by Nathaniel Riley. It is worth noting that there are now also ETFs available to participate in the MLP market.
Disclosure: This information is for educational purposes only. Individuals should do their own research and consult a tax advisor and investment advisor before making investment decisions.