Some MLPs have been so profitable as to have many investors not concerned with Uncle Sam receiving a benefit. I ride free and clear of cumbersome issues as much as I can and pay my CPA to cover my exposed areas. With an enormously profitable 2016 I still got back a hefty sum from the government despite my being invested largely in MLPs.
Looking over my shoulder in fear of the Tax Monster is not my style. I'm on the team of America and I happily accept costs therein. I do understand others may find themselves unable to walk the same path.
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