![]() All of the income, gains, losses and deductions of a partnership are passed through to its partners who are required to show their allocated share of these amounts on their personal income tax returns. Generally, a corporation is subject to federal and state income taxes but a partnership is not. ![]() The cash distributions are not taxable as long as the partner's tax basis in the partnership exceeds zero. A partner in a publicly traded partnership owns units of the partnership rather than shares of stock and receives cash distributions rather than dividends.Partnership CharacteristicsĪs a publicly traded partnership, CNX Midstream Partners LP differs in several ways from stock corporations: This site allows investors to retrieve their K-1 tax information for printing or downloading into TurboTax. The Schedule K-1 tax package is also available on-line at. Unitholders who need copies of their 2020 or prior years K-1s, or who need to report corrections to their ownership schedules, address changes, or other K-1 related information should contact: CNX Midstream LP Schedule K-1 (Form 1065) 2020 tax packages will be mailed to unitholders during the second week of March.
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