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Author: WallyJr One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121254  
Subject: Re: Partnership and taxes? Date: 2/18/2002 7:28 PM
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I am looking at CHC which operates as a publicly-traded partnership. My initial glance indicates that it is attractive, but I am wary of dealing with a K-1 and all that jazz. I file with tubotax and I'm reasonably "tax-literate." Is it a big hassle to prepare a tax return if you own one of these things? If its an extra 15 minutes work, I'm not worried, but if its a big deal, well, there are a lot of other investments out there.

Actually, if you are using turbotax it should be less than a 5 minute thing. All the computer programs have input seetions for pass thru K-1's. Normally you just enter the info from the k-1 line by line. Not really a problem.
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