Taxation on Sale of MLPs in an IRA
Comments on “Making Sense of Master Limited Partnership Tax Rules,” by Mary Lyman, in the November 2012 AAII Journal:
What’s missing in this article is taxation on sale of an MLP [master limited partnership] in an IRA. Also, how is the tax paid? Meaning, who prepares the tax statement?
— Gerald Lanois from Florida
Mary Lyman responds:
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