Downloading K-1s: MLP Strategy and Drill Bit to Burner Tip®

Downloading K-1s: MLP Strategy and North American Energy (with K-1s)*

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:

The MLP's name, from the K-1 list on the MLP K-1 or North American Energy (with K-1s)* pages.
The account name, usually the owner’s name, sometimes with title.
The tax ID number.

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

Downloading the K-1 into Turbo Tax
Almost all the MLPs interface with Turbo Tax, but some do not. To import the K-1 from Tax Package Support or Partner Data Link:

Open up your Turbo Tax software.
Then open your internet browser and go to www.taxpackagesupport.com or www.partnerdatalink.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.

To request an email of K-1s
Interested parties can contact 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 K-1s for all the related MLPs. The Tax Package Support person will ask you for the information noted above, and may ask you to fax in the same information if it is a large request. They will then email to you the K-1s, usually within half a day.

Help with name, address changes and other concerns
Tax Package Support or Partner Data Link 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.

Partner Data Link, www.partnerdatalink.com (which is part of Deloitte), manages the K-1s for a few of the MLPs in Miller/Howard portfolios and operates in the same way as Tax Package Support. Partner Data Link is open and taking calls from 8:00 am to 5:00 pm Central Standard Time, Monday through Friday.

Final K-1
If the Final K-1 box on the top of the first page of K-1 Form 1065 is checked, then all of the units of this MLP are sold. The owner will not get future K-1s unless he/she buys again.

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.

*This strategy’s name changed to North American Energy (with K-1s), and it is now benchmarked versus the S&P 1500 Energy Index. We believe this change best reflects the investment objective of the strategy, which will continue to invest in all facets of the North American energy value chain.

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.

DISCLOSURE

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

Past performance does not guarantee future results.

Disclosures