Yo Greg!
 

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

Yo Greg!
 

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

Yo Greg!
 

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

Yo Greg!
 

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Yo Greg!
 

On Sat, 18 Mar 2017 20:43:39 -0400, wrote:

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Did USO send you a statement at the end of the year? Those assholes said they didn't receive the
info from brokers and nominees until late January. Who do you get your statement from?

Yo Greg!
 

On Sun, 19 Mar 2017 08:22:52 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 20:43:39 -0400, wrote:

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Did USO send you a statement at the end of the year? Those assholes said they didn't receive the
info from brokers and nominees until late January. Who do you get your statement from?

I am partnered with Carl Ihcan. He turned around a real estate
partnership that was dead in the water after the 1986 tax reform. I
went for years without seeing a dime from them. Now I am getting a few
grand a year in dividend/distributions. Not bad for something I paid
10 grand for in 77 and got a hefty tax write off on for 8-9 years.
They tried to buy me out a half dozen times for chump change and now I
am glad I did not do it.
For a while I owned more of the Trump Taj than Trump. Carl has a buyer
on the line and it is either gone or going.

Yo Greg!
 

On Sun, 19 Mar 2017 12:23:18 -0400, wrote:

On Sun, 19 Mar 2017 08:22:52 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 20:43:39 -0400, wrote:

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Did USO send you a statement at the end of the year? Those assholes said they didn't receive the
info from brokers and nominees until late January. Who do you get your statement from?

I am partnered with Carl Ihcan. He turned around a real estate
partnership that was dead in the water after the 1986 tax reform. I
went for years without seeing a dime from them. Now I am getting a few
grand a year in dividend/distributions. Not bad for something I paid
10 grand for in 77 and got a hefty tax write off on for 8-9 years.
They tried to buy me out a half dozen times for chump change and now I
am glad I did not do it.
For a while I owned more of the Trump Taj than Trump. Carl has a buyer
on the line and it is either gone or going.

Well how can you throw away the K-1 statements when you're getting a few grand a year in dividends?
You mean the IRS is OK with that? You are one brave soul.

Yo Greg!
 

On Sun, 19 Mar 2017 15:09:32 -0400, Poco Deplorevole
wrote:

On Sun, 19 Mar 2017 12:23:18 -0400, wrote:

On Sun, 19 Mar 2017 08:22:52 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 20:43:39 -0400, wrote:

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Did USO send you a statement at the end of the year? Those assholes said they didn't receive the
info from brokers and nominees until late January. Who do you get your statement from?

I am partnered with Carl Ihcan. He turned around a real estate
partnership that was dead in the water after the 1986 tax reform. I
went for years without seeing a dime from them. Now I am getting a few
grand a year in dividend/distributions. Not bad for something I paid
10 grand for in 77 and got a hefty tax write off on for 8-9 years.
They tried to buy me out a half dozen times for chump change and now I
am glad I did not do it.
For a while I owned more of the Trump Taj than Trump. Carl has a buyer
on the line and it is either gone or going.

Well how can you throw away the K-1 statements when you're getting a few grand a year in dividends?
You mean the IRS is OK with that? You are one brave soul.

If I am paying ordinary income on the dividends they seem happy. When
I do fill out all the forms, I get a few bucks more back. They can
audit me and pay me more, their choice.
They have owed me money the last 2 times I was audited too.

Yo Greg!
 

On Sun, 19 Mar 2017 23:05:07 -0400, wrote:

On Sun, 19 Mar 2017 15:09:32 -0400, Poco Deplorevole
wrote:

On Sun, 19 Mar 2017 12:23:18 -0400, wrote:

On Sun, 19 Mar 2017 08:22:52 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 20:43:39 -0400, wrote:

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Did USO send you a statement at the end of the year? Those assholes said they didn't receive the
info from brokers and nominees until late January. Who do you get your statement from?

I am partnered with Carl Ihcan. He turned around a real estate
partnership that was dead in the water after the 1986 tax reform. I
went for years without seeing a dime from them. Now I am getting a few
grand a year in dividend/distributions. Not bad for something I paid
10 grand for in 77 and got a hefty tax write off on for 8-9 years.
They tried to buy me out a half dozen times for chump change and now I
am glad I did not do it.
For a while I owned more of the Trump Taj than Trump. Carl has a buyer
on the line and it is either gone or going.

Well how can you throw away the K-1 statements when you're getting a few grand a year in dividends?
You mean the IRS is OK with that? You are one brave soul.

If I am paying ordinary income on the dividends they seem happy. When
I do fill out all the forms, I get a few bucks more back. They can
audit me and pay me more, their choice.
They have owed me money the last 2 times I was audited too.

You lost me. I don't see how you can claim K-1 income, along with a half dozen other entries from
the K-1, as some kind of 'estimated' ordinary income, especially when it's a few grand a year.

You're a brave soul!

Yo Greg!
 

On Mon, 20 Mar 2017 08:27:24 -0400, Poco Deplorevole
wrote:

On Sun, 19 Mar 2017 23:05:07 -0400, wrote:

On Sun, 19 Mar 2017 15:09:32 -0400, Poco Deplorevole
wrote:

On Sun, 19 Mar 2017 12:23:18 -0400, wrote:

On Sun, 19 Mar 2017 08:22:52 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 20:43:39 -0400, wrote:

On Sat, 18 Mar 2017 14:48:39 -0400, Poco Deplorevole
wrote:

On Sat, 18 Mar 2017 13:05:50 -0400, wrote:

On Sat, 18 Mar 2017 12:23:31 -0400, Poco Deplorevole
wrote:

Until the mail came yesterday, I thought my tax returns were finished. They'd even been accepted by
the feds and the state.

And then yesterday's mail came. It included a Sched K-1 from that friggin' USO! So I just finished
the amended tax return process.

Don't know why they take until mid-March to get out the forms, but they do. Hope they didn't screw
yours up also.

K-1s are always late. I have just been taking my distributions as
ordinary income and throwing the K-1s away. It turns out I end up
losing a few bucks by doing that but it is not worth fooling with and
the IRS seems OK with it. If they ever do call me on it, I will amend
my return and make them send me a few bucks.

How do you know what the distributions are before getting the K-1?

I get a statement at the end of the year.

Did USO send you a statement at the end of the year? Those assholes said they didn't receive the
info from brokers and nominees until late January. Who do you get your statement from?

I am partnered with Carl Ihcan. He turned around a real estate
partnership that was dead in the water after the 1986 tax reform. I
went for years without seeing a dime from them. Now I am getting a few
grand a year in dividend/distributions. Not bad for something I paid
10 grand for in 77 and got a hefty tax write off on for 8-9 years.
They tried to buy me out a half dozen times for chump change and now I
am glad I did not do it.
For a while I owned more of the Trump Taj than Trump. Carl has a buyer
on the line and it is either gone or going.

Well how can you throw away the K-1 statements when you're getting a few grand a year in dividends?
You mean the IRS is OK with that? You are one brave soul.

If I am paying ordinary income on the dividends they seem happy. When
I do fill out all the forms, I get a few bucks more back. They can
audit me and pay me more, their choice.
They have owed me money the last 2 times I was audited too.

You lost me. I don't see how you can claim K-1 income, along with a half dozen other entries from
the K-1, as some kind of 'estimated' ordinary income, especially when it's a few grand a year.

You're a brave soul!
I see a check from Ichan for around ~$500 a quarter. I pay taxes on
that. Come and get me copper.