 K-1 from MLP implies non-resident state income tax filings?
I have purchased 5 MLP stocks last year. Enbridge, Magellan, OneOk, Williams, and Linn.
Opening up my K-1, I see these MLP have source losses in 32 states. Do I have to file non-resident state income tax filings in most of these states? (I know TX, TN, FL do not have state income taxes).
This has really put us in a panic.
Thanks in advance.
Last edited by floridaphil : 04-11-2010 at 12:48 AM.
Reason: grammar
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