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Woody,
How nice, you're here. I'm not alone. But I think I had better not tell you that if we did our own taxes, we probably wouldn't own PCL; that when we receive our taxes from our CPA to sign, there are two pages devoted to PCL alone; or that, yes, PCL's tax statement is the last one we receive. If I told you all that, you'd probably sell your PCL and I'd be all alone again. I will tell you, however, that PCL's yield has gone steadily upward since we bought it in 1992 and that we have only one stock that has a higher yield, (DNP at 7.30). We have invested mostly in high yield stocks, and that's pretty much what we live on since my husband retired.
So, if you want real answers to your tax question, ask the MF tax guy about Limited Partnership companys' taxes. I'd be curious myself.
Ann
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