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Subject:  Re: MLPs - help? Date:  3/25/2013  5:45 PM
Author:  TMFHelical Number:  14040 of 22992

Specifically... the potential for owing (and far more importantly, having to file a return for) state income tax in every state where an MLP has assets.

I've not tended to worry about this, but I've also not held so much in MLPs that I thought it a concern. While not a tax expert by any stretch, I have assumed that if below 'typical deduction levels' for a state return, I wouldn't have to worry about it. May not be right, but .