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Subject:  Re: MLPs - help? Date:  3/25/2013  6:30 PM
Author:  Hohum777 Number:  14043 of 18426

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. How do I look at an MLP and a.) understand how much income will potentially be applicable to each state and b.) anybody aware of a one-stop-shop that will help me understand on a state-by-state basis what would trigger the requirement to file a return, or do I have to go plow through state.gov websites one at a time?

I wouldn't quite call it a one-stop shop, but the link below is a starting point.
http://en.wikipedia.org/wiki/State_income_tax

So the map identifies seven states that have no income tax and two that only tax dividend and
interest income. I said "starting point" because some states have a minimum income threshold
to file. If you don't reach the minimum income in that state. it too can be crossed off one's
list. I guess, if one started buying major stakes in MLPs, they could create a spreadsheet
with states by row, "taxable income definition" in columns
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