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"provided dividends (distributions) from any one individual MLP doesn't exceed $1,000 in any given calendar (tax) year, then there's no need, or obligation to file, or pay taxes."

Hey Kelbon...

Thanks for the response. Is that $1,000 in any given state... or $1,000 overall? i.e. could you build a larger position in an MLP with assets in 20 states vs. one that has assets in two? Do all states agree on that $1,000 cutoff? Do you have a source that documents that?

Thanks again!!
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