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This is the first time in my life I have no idea how much I will be owing on my taxes before the end of the year. not a clue to even estimating it.

I am doing a rough guess:

sale of MLP less cost = profit
then I added every distribution from day one:

so profit plus distribution = income that is then calculate for tax may be?

I got so desperate that I asked several of the MLP companies if they could give me some idea of return of capital so I could calculate this and one lady even laughed and said: "we don"t even know ourselves till next year!"

any one else run into this problem? going to have to barrow the money to pay an estimated tax. not fun.
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