Downloading K-1s: Income-Equity Strategy and MLP Focus

An interested party, such as the owner, the CPA or Advisor can access the K-1s by going to Tax Package Support at www.taxpackagesupport.com. The required information is:

Click on one of the links from the K-1 list (see sidebar), register once with your name and a password you create, then go to each MLP and,

  • Input the name
  • Input the tax ID
  • Download the K-1s

To request an email of K-1s, name changes, etc.
Interested parties can contact Tax Package Support, www.taxpackagesupport.com, (which is part of PricewaterhouseCoopers), by calling one of the MLPs listed there; for example 800-599-9985 for Enterprise Products Partners. Tax Package Support is open and taking calls from 8:00 am to 5:00 pm Central Standard Time, Monday through Friday.

The Tax Package Support person who answers can help with all of the MLPs at Tax Package Support. You can ask that person to email you the related K-1s for all the MLPs. The Tax Package Support person will ask you for the information noted above, and may ask you to fax in the same info if it is a large request. They will then email to you, usually within half a day, the K-1s.

Tax Package Support can also help you with many K-1 problems, such as address change, wrong name, transaction dates, etc. Most problems can be solved over the phone after the identification process noted above.

Turbo Tax with downloading the K-1
Almost all the MLPs interface with Turbo Tax, but some do not. To import the K-1 from Tax Package Support:

  • Open up your Turbo Tax software.
  • Then open your internet browser and go to www.taxpackagesupport.com
  • Click on the MLP and log in. Then access tax package.
  • On top right you will see a red Turbo Tax logo. Click the logo.
  • A box appears. (At the top of the box is a link that will take you to instructions.)
  • Go to the bottom of the box and hit OK. Save the file in an area you can retrieve.
  • Open Turbo Tax. Click on top right "FILE", then select "IMPORT", and a window opens next to it. Select: From accounting software. Hit continue. Find the file you just saved on your computer and import.

NOTE: The information contained herein is accurate as of the date of publication. There is no assurance that such information may not change subsequent thereto.

DISCLOSURE

INVESTMENT PRODUCTS: ARE NOT FDIC INSURED - MAY LOSE VALUE - ARE NOT BANK GUARANTEED

Opinions and estimates offered constitute Miller/Howard Investments' judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. Nothing stated herein, including the mention of specific company names, should be construed as a recommendation to buy, hold, or sell any security, sector, or MLPs in general. To receive a list of all recommendations for the previous year, please email compliance@mhinvest.com. All investments carry a certain degree of risk, including possible loss of principal. It is important to note that there are risks inherent in any investment and there can be no assurance that any asset class will provide positive performance over any period of time. The material may also contain forward-looking statements that involve risk and uncertainty, and there is no guarantee they will come to pass.

Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer’s board of directors, and the amount of any dividend may vary over time. Dividend yield is one component of performance and should not be the only consideration for investment.

The information above is from sources deemed to be reliable and is provided strictly for the convenience of our investors and their advisors. These materials are solely informational. Legal, accounting and tax restrictions, transaction costs, and changes to any assumptions may significantly affect the economics of any transaction.

The information and analyses contained herein are not intended as tax, legal, or investment advice and may not be appropriate for your specific circumstances; accordingly, you should consult your own tax, legal, investment, or other advisors, at both the outset of any transaction and on an ongoing basis, to determine such appropriateness. Any investment returns — past, hypothetical, or otherwise — are not indicative of future performance.

Investment Decisions: Do not use this report as the sole basis for investment decisions. Do not select an allocation, investment discipline, or investment manager based on performance alone. Consider, in addition to performance results, other relevant information about each investment manager, as well as matters such as your investment objectives, risk tolerance, and investment time horizon.

Past performance does not guarantee future results.

© 2024 Miller/Howard Investments.

DISCLOSURE

INVESTMENT PRODUCTS: ARE NOT FDIC INSURED - MAY LOSE VALUE - ARE NOT BANK GUARANTEED

Opinions and estimates offered constitute Miller/Howard Investments' judgment and are subject to change without notice, as are statements of financial market trends, which are based on current market conditions. Nothing stated herein, including the mention of specific company names, should be construed as a recommendation to buy, hold, or sell any security, sector, or MLPs in general. To receive a list of all recommendations for the previous year, please email compliance@mhinvest.com. All investments carry a certain degree of risk, including possible loss of principal. It is important to note that there are risks inherent in any investment and there can be no assurance that any asset class will provide positive performance over any period of time. The material may also contain forward-looking statements that involve risk and uncertainty, and there is no guarantee they will come to pass.

Common stocks do not assure dividend payments. Dividends are paid only when declared by an issuer’s board of directors, and the amount of any dividend may vary over time. Dividend yield is one component of performance and should not be the only consideration for investment.

The information above is from sources deemed to be reliable and is provided strictly for the convenience of our investors and their advisors. These materials are solely informational. Legal, accounting and tax restrictions, transaction costs, and changes to any assumptions may significantly affect the economics of any transaction.

The information and analyses contained herein are not intended as tax, legal, or investment advice and may not be appropriate for your specific circumstances; accordingly, you should consult your own tax, legal, investment, or other advisors, at both the outset of any transaction and on an ongoing basis, to determine such appropriateness. Any investment returns — past, hypothetical, or otherwise — are not indicative of future performance.

Investment Decisions: Do not use this report as the sole basis for investment decisions. Do not select an allocation, investment discipline, or investment manager based on performance alone. Consider, in addition to performance results, other relevant information about each investment manager, as well as matters such as your investment objectives, risk tolerance, and investment time horizon.

Past performance does not guarantee future results.

© 2024 Miller/Howard Investments.

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