InvestorsHub Logo

pantera

04/12/07 1:22 AM

#25645 RE: See Shasta #25634

Shasta,

It's treated as a distribution/royalty....and does not fall into the qualified dividend category. It's actually quite complicated and there is a booklet you can for help here :

http://www.hevanet.com/donaldhm/BPT/

You must complete schedule E. Most of my BPT is in my ROTH, so I don't have the headache.