And their “pesky” K-1s
George Harris, EA
2101 N Country Club, Ste 105
Tucson, AZ 85716
520-320-1041
george@1stChoiceTaxServices.com
07/22/14
A publicly traded partnership is any
partnership an interest in which is
regularly traded on an established
securities market regardless of the
number of its partners …
.
.
… Withholding for Foreign Partners …


P
a
r
t
n
e
r
s
h
i
p
A Master Limited Partnership (MLP) is a
limited partnership (or LLC) that trades on a
U.S. public exchange or over-the-counter
market.
It is subject to the same tax rules and
reporting requirements as limited
partnerships.
PTP/MPL Benefits
GP provide professional management
LP (Unit holders) are investors
LP have liability protection
Tax Benefits of a Partnership
LP taxed on Income via K1
No corporate taxes
No double taxation
Cash distributions are return of capital
Avoids shareholder limitations of S-Corp
Units are traded like stock
Investments are Liquid
C
o
r
p
o
r
a
t
i
o
n
Attractive to businesses needing to
raise large amounts of capital.
1
07/22/14
Corporation
Net Income
- IRS
- State
39.5%
5%
Income after tax
- IRS
- State
Net $ after tax







15%
5%
MLP
$ 100.00
$ 100.00
39.50
0
5.00
0
$ 55.50
$ 100.00
8.33
25%
2.77
5%
$ 44.40
25.00
5.00
$ 70.00
§7704(b) Defines PTP as any partnership in which
(1) the interests in that partnership are traded on
an established securities market or (2) are readily
tradable on a secondary market.
§7704(a)A PTP is taxed as a corporation.
§7704(c) Provides an exception: A PTP may be
taxed as a partnership if more than 90% of its
gross income consists of “qualifying income”.
Investment Income
Rental & Real Estate
Commodity Investments
Income from Natural Resources Activities:
◦
◦
◦
◦
◦
Oil, gas & petroleum
Coal
Timber
Any depletable resources §613
2008 expanded to include “bio” & other alternative
fuels
2
07/22/14



A Master Limited Partnership (MLP) is a
subset of PTPs that trades on a U.S. public
exchange or over-the-counter market.
It earns over 90% of its income from certain
“qualifying” sources as defined in IRS §7704
It is therefore allowed the same tax rules and
reporting requirements as limited
partnerships.
3
07/22/14

One or More General Partners (GPs)
◦
◦
◦

◦
◦
◦
◦
GP Manages Partnership
Generally has ~2% ownership
Many have Incentive Distribution Rights (IDRs)
Many Limited Partners (LPs)/Unit-holders
◦
LPs own Publicly traded units
Provide Capital
No role in operations
K1reports pro-rate share of income, losses,
deductions, etc.
Receive quarterly distributions of cash flow (DCF)
Net Income
+ Non Cash Expenses
- Reserve for maintenance/operating expenses
(DCF on average:
20% Net Income
80% Non Cash Expense
aka: Depeciation)
Corp.
Net Income
- IRS
- State
$ 100.00
39.5
%
5%
Income after
tax
- IRS
- State
Net $ after tax
15%
5%
MLP
Distribution
MLP
$ 100.00
39.50
0
5.00
0
$ 55.50
$ 100.00
8.33 25%
2.77
$ 44.40
5%
25.00
x5
$500.00
25.00
5.00
5.00
$ 70.00
$470.00
4
07/22/14
Cash Flow = Fixed Income
Distribution Growth
Tax efficient
Tax deferred
Liquid
Capital Appreciation ??
Low Volatility ??
5
07/22/14
KPM
EPD
ETP
NSH
It Depends !
6
07/22/14
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Identification
Pass-thru taxation
Passive Loss Rules
Distributions are return of Capital
Tax Basis
Zero Basis Rules
Year of Sale
Recapture
Estate Planning
IRA’s & UBIT
State Tax Implications
7
07/22/14
Or PTP PAL
Worksheet--

§469 PAL rules are applied to PTPs on an
entity-by-entity basis
◦ PTP losses can not be used against any other
income.
◦ PTP losses can not even be used to offset income
any of other passive activities (including other PTPs)
◦ Un-allowed losses are carried forward until
 That PTP has passive income
 The PTP is disposed of
8
07/22/14
Corp.
Net Income
39.5
%
- IRS
- State
$ 100.00
$ 100.00
39.50
0
5%
Income after
tax
- IRS
5.00
0
$ 55.50
$ 100.00
15%
- State
8.33 25%
5%
Net $ after tax
MLP
Distribution
MLP
2.77
$ 44.40
5%
x5
$500.00
25.00
25.00
5.00
5.00
$ 70.00
$470.00
Beginning (Initial Investment/Purchase) 100 @ $50
$5,000
ADDITION
+ Contributions
+ Liabilities
+ Income
+ $100
SUBTRACT
- Losses
- Cash and other Distributions
- $500
- Decrease in Liabilities
Ending Basis
at end of year 1
Beginning (of year 13)
$4,600
$200
ADDITION
+ Contributions
+ Liabilities
+ Income
+ $100
SUBTRACT
- Losses
- Cash and other Distributions
- $500
- Decrease in Liabilities
Ending Basis
at end of year 13
($200)
$200 is recognized as Capital Gain income in year 13 …
9
07/22/14
1/1/2012 Purchase 100 @$50
5,000
2/1/2014 Sell
5,200
100 @ $52
Long Term Capital Gain
$200
Beginning (Initial Investment/Purchase) 100 @ $50
$5,000
ADDITION
+ Income
+ $100
SUBTRACT
- Cash and other Distributions
- $500
Ending Basis
$4,600
at end of year 1
Feb 1 of year 2
Sell 100 @ $52
Gain on Sale
100 @ $2 = $200
Beginning (Initial Investment/Purchase) 100 @ $50
$5,200
$600
$5,000
ADDITION
+ Income
(includes $400 depreciation *)
+ $100
SUBTRACT
- Cash and other Distributions
- $500
Ending Basis
$4,600
at end of year 1
Feb 1 of year 2
Sell 100 @ $52
Gain on Sale
$5,200
100 @ $2 = $200
$600
*Depreciation Recapture as Ordinary Income
$400
Long Term Capital Gain
$200
Beginning (Initial Investment/Purchase) 100 @ $50
$5,000
ADDITION
+ Income
(includes $400 depreciation *)
+ $100
SUBTRACT
- Cash and other Distributions
- $500
Ending Basis
$4,600
at end of year 1
Unit Holder dies on 1/31/year 2 w /FMV 100 @ 52
$5,200
Feb 1 of year 2
$5,100
Gain on Sale
Sell 100 @ $51
100 @ $-1 = ($100)
($100)
*Depreciation Recapture as Ordinary Income
$0
Long Term Capital Gain/(Loss)
($100)
10
07/22/14
MLPs owned by IRAs are NOT reported on the tp’s individual 1040.
Think carefully before investing your IRA, 401(k), or other retirement plan
in MLPs.









These plans are tax-exempt already, so don’t need the tax-deferral
advantages of MLPs.
IRA assets are IRD and get NO step-up in basis.
More importantly, the plan’s share of partnership net income over
$1,000 is subject to “unrelated business income tax” (UBIT).
If subject to UBIT, Retirement Plan’s Custodian is responsible for filing
990-T and paying UBIT,
but K1 is mailed to taxpayer.
Technically, partners owe tax on their share of income allocable
to each state in which an MLP operates
Practically, after the MLP’s income is divided among all partners
and all states, and depreciation and other deductions applied,
each unit-holder’s income in each state will generally be too
small to tax, except for those with large holdings.
Unless state tax filing requirements are based upon “Gross
Income” vs. “Net Income” or “any taxable income”.
Don’t forget (if PTP paid State taxes on behalf of LPs)
◦ Schedule A Deduction
◦ AZ 309 Credit for Taxes Paid to a Foreign State
11
07/22/14
12
uStar
Example 1: NSH
GP Holdings, LLC
0022068
2
11111111..1.1111111111111..11.11111111111111111111111111111111111
Dear Investor,
Enclosed you will find your tax package related to your investment in NuStar GP Holdings, LLC for the 2013 tax
year.
Your 2013 tax package includes the following:
•
•
•
•
•
•
•
State Schedule
Schedule K-1
Schedule K-1 Supplemental Information and Definitions
Ownership Schedule — Please review for accuracy
Sales Schedule, if units were disposed of during the year
Graphic Guide with additional information on the back
Partner's Instructions for Schedule K-1 (Form 1065)
Please be sure to check the information on the Ownership Schedule for completeness and accuracy, as it is this
information on which your tax allocations are based. If you find an error on the Ownership Schedule, please
follow the instructions on that schedule to correct the information and obtain updated tax numbers.
Your 2013 Schedule K-1 is also available via the Internet at www.nustargpholdinqs.com. At this site, please
click on "Investors" and then "K-1 Tax Information" which will take you to our Tax Reporting Package logon
screen. After logon, you will be able to:
•
•
•
•
•
•
View your 2013 tax schedules
Request changes to incorrect information
Print your tax package including instructions
Automatically transfer amounts from your Schedule K-1 to IRS forms filed by individuals
Download a file of your Schedule K-1 information that can be imported into TurboTax software
Calculate your projected gain/loss when selling units
If you would like to receive this information earlier and eliminate the need for mailing a paper K-1 in the future,
simply follow the steps above to access our Tax Reporting Package website and choose the option to "Eliminate
Paper K-1s". By choosing to eliminate paper K-1s, your tax information will bypass the U.S. Postal Service and
be delivered securely through the website. We will even notify you via email the instant the K-1s are available.
The Tax Package Support line is also available at 1-(877) 804-9545 should you need additional assistance.
As always, we appreciate your investment in NuStar GP Holdings, LLC.
Sincerely,
Bradley C. Barron
President and CEO
uStar
OP Holdings, LLC
2013
STATE
The Federal Schedule K-1 and State
Schedule summarize your allocable
share of the Partnership's tax items
based on your unit ownership as reported on the Ownership Schedule. You
may need this information to prepare
your federal and state income tax
returns. Separate allocations and tax
calculations were made for each lot of
Partnership units. The product of these
calculations was accumulated to simplify your tax reporting obligations.
Each line on the State Schedule represents your share of income tax items for
certain states in which the Partnership
had operations. Each state is identified
by a two-letter code shown in the far left
hand column of this schedule. Differences between the sum of amounts on the
State Schedule and amounts on the
Federal Schedule K-1 are due to
rounding, variations between federal
and state income tax laws and variaLions in state apportionment methods.
You may be required to file state income tax returns in these states.
Resident State Filing Guidelines: Generally, the amounts reported on the
Schedule K-1 and State Schedule are
needed to prepare your income tax
return for the state in which you live.
1077-01-00-0022068-0001-0089827
Non-Resident State Filing Guidelines:
The Partnership operates in numerous
states which impose an income tax on a
partner's share of partnership income
allocable to such states. You may be
required to file a tax return even though
you are not a resident of these states. If
you are required to file a nonresident
return, you should enter your share of
Partnership tax items attributable to the
particular state on your state tax return.
Due to frequent tax law changes by the
states, you should consult your tax
advisor concerning the proper tax
treatment.
ammilielmirr
PARTNER FEDERAL ID/ENTITY: alIMMI/INDIVIDUAL
CUSTODIAN FEDERAL ID:
PARTNERSHIP FEDERAL ID: 85-0470977
PARTNER NAME:
ACCOUNT NUMBER:
(8)
(6)
(4)
(1)
(2)
(9)
(7)
(5)
(3)
s
ALTERNATIVE ALTERNATIVE
NET
NET
NET
QUALIFIED
PORTFOLIO
T
MINIMUM TAX
INVESTMENT MINIMUM TAX
ORDINARY
ORDINARY
LONG-TERM
SECTION
DIVIDEND
INTEREST
A
DEPRECIATION ADJUSTED GAIN
INCOME
DIVIDENDS
CAPITAL
GAIN
1231
GAIN
INCOME
T
INCOME
INCOME
OR LOSS (-)
ADJUSTMENT
OR LOSS (-)
OR LOSS (-)
OR LOSS (-)
E
STATE INFORMATION (due to rounding and other Federal and State differences, totals may not agree to Federal totals)
INCOME OR LOSS (-) FROM PASSIVE ACTIVITY
AL
9
0
AR
7
0
CA
40
1
CO
10
0
0
0
CT
12
0
FL
GA
1
0
3
0
IIA
2
0
IN
2
0
KS
46
2
LA
206
8
MD
17
1
MN
24
1
MO
9
0
NC
3
0
ND
18
1
NE
25
1
NJ
35
1
NM
20
1
NY
1
0
OK
17
1
OR
6
0
TX
775
293
VA
6
0
25 States
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
3
0
0
0
0
0
0
0
0
0
0
0
10
0
0
0
2
0
0
0
0
0
0
0
2
8
1
1
0
0
1
1
1
1
0
1
0
32
0
0
0
1
0
0
0
0
0
0
0
2
8
1
1
0
0
1
1
1
1
0
1
0
293
0
0
0
-2
0
0
-1
0
0
0
0
-2
-9
-1
-1
0
0
-1
-1
-2
-1
0
-1
0
-35
0
0
0
-1
0
0
0
0
0
0
0
-1
-6
0
-1
0
0
0
-1
-1
-1
0
0
0
-21
0
(10)
GROSS
RECEIPTS
117
90
532
134
1
159
18
36
24
22
615
2,737
219
319
115
46
236
339
469
271
10
228
85
10,563
76
4
651113
M13
Schedule K-1
(Form 1065)
Department of the Treasury
Internal Revenue Service
1
2
, 20
Part I
3
InfOmation.Aboutthe Partnership
4
Guaranteed payments
5
Interest income
318
4
SOLD
12
6a
Ordinary dividends
6b
Qualified dividends
Foreign transactions
OTHCOUNTRIES
B
19,545
D
1,257
G
18
Royalties
L
IRS Center where partnership filed return
OGDEN, UT
•
16
A
918
7
2
Other net rental income (loss)
Partnership's name, address, city, state, and ZIP code
P.O. BOX 781609
SAN ANTONIO, TX 78278-1609
C
Net rental real estate income (loss)
Partnership's employer identification number
NUSTAR GP HOLDINGS, LLC
ATTN: TAX DEPT.
Credits
1,451
1
85-0470977
B
15
Ordinary Business Income (loss)
8
Partner's Share of Income, Deductions,
Credits, etc.
►See back of form and separate instructions.
A
:IPartner s: Share of Currentveaelnoome;
And"Other Items
Deductions
5
, 2013
ending
OMB No. 1545-0099
41/
Part III
For calendar year 2013, or tax
year beginning
❑ Amended K-1
El Final K-1
8
Net short-term capital gain (loss)
9a
Net long-term capital gain (loss)
18
Foreign
Tax Paid
8
65
Check if this is a publicly traded partnership (PTP)
Part II
Information' About the Partner::
E
Partners identifying number
9b
Collectibles (28%) gain (loss)
F
Partner's name, address, city, state, and ZIP code
9c
Unrecaptured section 1250 gain
10
Net section 1231 gain (loss)
17
A
Alternative minimum tax (AMT) items
-65
B
-39
R
18
59
11
•
C
Other income (loss)
12
6
Limited partner or other LLC
member
❑ Foreign partner
H
El Domestic partner
11
What type of entity is this partner? INDIVIDUAL
19
A
Distributions
9
12
Section 179 deduction
4,905
13
A
Other deductions
Cash Cont 50%
8
20
B
Cash Cont 30%
10
A
318
STMT
V
1,452
12 If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here
(see instructions)
J
Partners share of profit, loss, and capital (see instructions):
Beginning
Profit
Loss
3
Capital
K
4
Ending
0.007041 %
0.007041 %
0 .000000%
0.000000 %
0.007041 %
0.000000 %
7
14
Partners share of liabilities at year end:
Nonrecourse
Other information
Self-employment earnings (loss)
Z*
0
10
STMT
Qualified nonrecourse financing
Recourse .
L
. $
*See attached statement for additional information.
Partners capital account analysis:
Beginning capital account .
3
. .
$
Capital contributed during the year .
$
0
Current year increase (decrease) .
$
1,752
Withdrawals & distributions
$(
4
Ending capital account
Tax basis
❑ GAAP
❑
Section 704(b) book
El Other (explain)
M
26,568
28,320)
0
For IRS Use Only
1
General partner or LLC
member-manager
Tax-exempt income and
nondeductible expenses
Did the partner contribute property with a built-in gain or loss?
❑
Yes
©No
If "Yes", attach statement (see instructions)
For Paperwork Reduction Act Notice, see Instructions for Form 1065.
IRS.gov/form1065
Cat. No. 11394R
Schedule K-1 (Form 1065) 2013
Schedule K-1 (Form 1065) 2013
Page
This list identifies the codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040.
For detailed reporting and filing information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return.
1. Ordinary business income (loss). Determine whether the income (loss) is
passive or nonpassive and enter on your return as follows.
Report on
See the Partner's Instructions
Passive loss
Schedule E, line 28, column (g)
Passive income
Schedule E, line 28, column (h)
Nonpassive loss
Schedule E, line 28, column (j)
Nonpassive income
See the Partner's Instructions
2. Net rental real estate Income (loss)
3. Other net rental income (loss)
Schedule E, line 28, column (g)
Net income
See the Partner's Instructions
Net loss
Schedule E, line 28, column (j)
4. Guaranteed payments
Form 1040, line 8a
5. Interest income
Form 1040, line 9a
6a. Ordinary dividends
6b. Qualified dividends
Form 1040, line 9b
Schedule E, line 4
7. Royalties
Schedule D, line 5
8. Net short-term capital gain (loss)
Schedule D, line 12
9a. Net long-term capital gain (loss)
28% Rate Gain Worksheet, line 4
9b. Collectibles (28%) gain (loss)
(Schedule D instructions)
See the Partner's Instructions
9c. Unrecaptured section 1250 gain
10. Net section 1231 gain (loss)
See the Partner's Instructions
11. Other income (loss)
Code
A Other portfolio income (loss)
See the Partner's Instructions
See the Partner's Instructions
B Involuntary conversions
C Sec. 1256 contracts & straddles
Form 6781, line 1
D Mining exploration costs recapture
See Pub. 535
E Cancellation of debt
Form 1040, line 21 or Form 982
F Other income (loss)
See the Partner's Instructions
12. Section 179 deduction
See the Partner's Instructions
13. Other deductions
A Cash contributions (50%)
B Cash contributions (30%)
C Noncash contributions (50%)
D Noncash contributions (30%)
See the Partner's
E Capital gain property to a 50%
Instructions
organization (30%)
F Capital gain property (20%)
G Contributions (100%)
H Investment interest expense
Form 4952, line 1
I Deductions—royalty income
Schedule E, line 19
J Section 59(e)(2) expenditures
See the Partners Instructions
K Deductions—portfolio (2% floor)
Schedule A, line 23
L Deductions—portfolio (other)
Schedule A, line 28
M Amounts paid for medical insurance
Schedule A, line 1 or Form 1040, line 29
N Educational assistance benefits
See the Partner's Instructions
0 Dependent care benefits
Form 2441, line 12
P Preproductive period expenses
See the Partner's Instructions
Q Commercial revitalization deduction
See Form 8582 instructions
from rental real estate activities
R Pensions and IRAs
See the Partner's Instructions
S Reforestation expense deduction
See the Partner's Instructions
T Domestic production activities
See Form 8903 instructions
information
U Qualified production activities income
Form 8903, line 7b
✓ Employer's Form W-2 wages
Form 8903, line 17
W Other deductions
See the Partner's Instructions
14. Self-employment earnings (loss)
Note. If you have a section 179 deduction or any partner-level deductions, see the
Partner's Instructions before completing Schedule SE.
A Net earnings (loss) from
Schedule SE, Section A or B
self-employment
B Gross farming or fishing income
See the Partner's Instructions
C Gross non-farm income
See the Partner's Instructions
15. Credits
A Low-income housing credit (section
42(j)(5)) from pre-2008 buildings
B Low-income housing credit (other)
from pre-2008 buildings
C Low-income housing credit (section
42(j)(5)) from post-2007 buildings
See the Partner's Instructions
D Low-income housing credit (other)
from post-2007 buildings
E Qualified rehabilitation
expenditures (rental real estate)
F Other rental real estate credits
G Other rental credits
H Undistributed capital gains credit
Form 1040, line 71; check box a
I Biofuel producer credit
See the Partners Instructions
J Work opportunity credit
See the Partners Instructions
Report on
Code
K Disabled access credit
L Empowerment zone employment credit
M Credit for increasing research activities
See the Partner's Instructions
N Credit for employer social security
and Medicare taxes
O Backup withholding
P Other credits
16. Foreign transactions
A Name of country or U.S.
possession
Form 1116, Part I
B Gross income from all sources
C Gross income sourced at
partner level
Foreign gross income sourced at partnership level
D Passive category
Form 1116, Part I
E General category
F Other
Deductions allocated and apportioned at partner level
Form 1116, Part I
G Interest expense
Form 1116, Part I
H Other
Deductions allocated and apportioned at partnership level to foreign source
income
I Passive category
J General category
Form 1116, Part I
J
K Other
Other information
Form 1116, Part II
L Total foreign taxes paid
Form 1116, Part II
M Total foreign taxes accrued
Form 1116, line 12
N Reduction in taxes available for credit
Form 8873
O Foreign trading gross receipts
Form 8873
P Extraterritorial income exclusion
See the Partner's Instructions
Q Other foreign transactions
17. Alternative minimum tax (AMT) items
A Post-1986 depreciation adjustment
See the Partner's
B Adjusted gain or loss
Instructions and
C Depletion (other than oil & gas)
the Instructions for
D Oil, gas, & geothermal—gross income
Form 6251
E Oil, gas, & geothermal—deductions
F Other AMT items
18. Tax-exempt income and nondeductible expenses
Form 1040, line 8b
A Tax-exempt interest income
See the Partner's Instructions
B Other tax-exempt income
See the Partner's Instructions
C Nondeductible expenses
19. Distributions
A Cash and marketable securities
See the Partner's Instructions
B Distribution subject to section 737
C Other property
20. Other information
A Investment income
Form 4952, line 4a
B Investment expenses
Form 4952, line 5
Form 4136
C Fuel tax credit information
D Qualified rehabilitation expenditures
See the Partner's Instructions
(other than rental real estate)
E Basis of energy property
See the Partner's Instructions
Form 8611, line 8
F Recapture of low-income housing
credit (section 42(j)(5))
G Recapture of low-income housing
Form 8611, line 8
credit (other)
H Recapture of investment credit
See Form 4255
I Recapture of other credits
See the Partner's Instructions
J Look-back interest—completed
See Form 8697
long-term contracts
K Look-back interest—income forecast
See Form 8866
method
L Dispositions of property with
section 179 deductions
M Recapture of section 179 deduction
N Interest expense for corporate
partners
O Section 453(1)(3) information
P Section 453A(c) information
Q Section 1260(b) information
R Interest allocable to production
See the Partner's
expenditures
Instructions
S CCF nonqualified withdrawals
T Depletion information—oil and gas
U Amortization of reforestation costs
✓ Unrelated business taxable income
W Precontribution gain (loss)
X Section 108(i) information
Y Net investment income
Z Other information
1077-01-00-0022068-0002-0089828
2
2013 SCHEDULE K-1 SUPPLEMENTAL INFORMATION
7
10
13U
13V
20Z1
20Z2
41
10
19,545
0
QUALIFIED PRODUCTION ACTIVITIES
EMPLOYER'S FORM W-2 WAGES
GROSS RECEIPTS
NONTAXABLE ADJUSTMENT TO CAPITAL
ADDITIONAL SCHEDULE K-1 LINE ITEM DESCRIPTIONS
7
11
10
Domestic Production Activities Information (Code 13U and 13V) - This information is shown on your Schedule
K-1, Box 13 and is used to report your share of qualified production activity income and wages. The amount reported
in Box 13U should be reported on line 7b of Form 8903. The amount reported in Box 13V should be reported on line
17 of Form 8903.
Net Investment Income (Code 20Y) — Absent material participation in the operations of NuStar GP Holdings, LLC
or another exception, NuStar GP Holdings, LLC expects that all of the items of income, gain, loss and deduction
reported to you on this Schedule K-1 would be considered net investment income for purposes of Internal Revenue
Code Section 1411 and potentially subject to a 3.8% surtax.
Gross Receipts (Code 20Z1) - This amount is reported on your Schedule K-1, Box 20 and represents your share of
the Partnership's total income earned before expenses. You may need this information for state filing requirements
and for federal reporting if you are a tax-exempt entity.
2013 STATE SUPPLEMENTAL INFORMATION
These items are reported for informational purposes only and will not be included with the Schedule K-1 that
is filed with the Internal Revenue Service.
Louisiana Tax-Exempt Bond Financing
New York MCTD Activity
3
This is your share of the Partnership's
interest expense associated with the Gulf
Opportunity Zone Revenue Bonds issued
by the Parish of St. James, Louisiana.
NuStar GP Holdings, LLC has activity in
the New York Metropolitan Commuter
Transportation District (MCTD) through
its ownership of NuStar Energy L.P.
Please contact the Partnership for
detailed information regarding this
activity.
SCHEDULE K-1 DEFINITIONS:
Partnership's Employer Identification Number - The federal employer identification number for the Partnership must
be reported on your U.S. Individual Income Tax Return, Form 1040, Schedule E, Part II, Column (d), "Employer
Identification Number." 85-0470977
Ordinary Business Income (Loss) (Box 1) - This amount reflects your share of Partnership ordinary income or loss
before any separately reported items. This amount should be reported on your U.S. Individual Income Tax Return, Form
1040, Schedule E, Part II, Column (g). Please note that the IRS Code Section 743(b) Adjustments, if applicable, have
been included in Box 1.
Other Net Rental Income (Loss) (Box 3) - This is your share of the income (loss) from the Partnership's rental activities.
It should be reported on Form 1040, Schedule E, Part II, Column (g).
Interest Income (Box 5) - This is your share of portfolio interest income. Report this amount on Form 1040, Schedule B,
Part I, Line 1. Write "From NuStar GP Holdings, LLC 85-0470977."
Dividend Income (Box 6a and 6b) - This is your share of portfolio dividend income and should be reported on Form
1040, Schedule B, Part II, Line 5. Write "From NuStar GP Hqldings, LLC 85-0470977."
Net Short-Term Capital Gain (Loss) (Box 8) - This is your share of net short-term capital gain or loss from portfolio
assets and should be reported on Form 1040, Schedule D, Part I, Line 5.
Net Long-Term Capital Gain (Loss) (Box 9a) - This is your share of net long-term capital gain or loss from portfolio
assets and should be reported on Form 1040, Schedule D, Part II, Line 12.
Net Section 1231 Gain (Loss) (Box 10) - This is your share of gain or loss from the disposition of trade or business
assets held by the Partnership for more than one year. Report this amount on Form 4797, Line 2. Write "From NuStar
GP Holdings, LLC 85-0470977."
Cash Contributions (Box 13A and 13B) - This is your share of cash contributions. Report this amount on Form 1040,
Schedule A, Line 16. Please consult your personal tax advisor regarding AGI limitations on cash contributions.
Foreign Gross Income and Deductions (Box 16A, 16B, 16D, 16G and 161) - These items reflect your share of gross
income and deductions. Report these amounts on Form 1116, Part I.
Foreign Taxes Paid (Box 16L) - This amount represents your share of total foreign taxes paid. Report this amount on
Form 1116, Part II.
Alternative Minimum Tax Depreciation Adjustment (Box 17A) - Property placed in service after 1986 generally must
be depreciated differently for AMT purposes than for regular tax purposes. The net difference between AMT and regular
tax depreciation is an adjustment for the calculation of your alternative minimum tax. This amount should be reported on
Form 6251, Line 18.
Alternative Minimum Tax Adjusted Gain or Loss (Box 17B) - This amount represents the reversal of cumulative AMT
depreciation adjustments on property that was disposed of during the year. This amount should be reported on Form
6251, Line 17.
Investment Income (Box 20A) - This amount is used in the computation of the limitation on deductible interest expense.
Report this amount on Form 4952, Line 4a.
Unrelated Business Taxable Income or Loss (Box 20V) - If your investment in the Partnership was made through an
IRA, Keogh or other qualified retirement plan, or if you are any other tax-exempt entity, your trustee may be required to
report a portion of the taxable income or loss as unrelated to your tax-exempt purpose on IRS Form 990-T (Exempt
Organization Business Income Tax Return). You should consult your trustee or personal tax advisor for the appropriate
tax treatment.
If you are a tax-exempt entity, please note that a portion of our liabilities may be allocable to you and these liabilities may
be treated as acquisition indebtedness for purposes of determining the amount of gain on sale that is subject to tax as
unrelated business taxable income. Please consult your tax advisor and K-1 Support if more information is required.
PASSIVE ACTIVITY INCOME (LOSSES):
The tax law characterizes the tax reporting items of income, gain, loss, and deduction from a publicly-traded limited
partnership interest as relating to either passive or portfolio activities. The tax law limits the recognition of losses from
passive activities of a publicly-traded limited partnership to the amount of passive activity income from that same
partnership. Net passive activity income from a publicly-traded limited partnership is fully recognized. The income cannot
be offset by net passive activity losses from other sources including other publicly-traded partnerships.
Passive activity losses which are not recognized currently are suspended and carried forward until:
a. the partner is allocated net passive activity income from the same partnership against which the suspended losses
can be offset, or
b. the partner disposes of their entire interest in the partnership, at which time the suspended losses are fully
recognized.
If boxes 1, 3 and 10 on your Federal Schedule K-1 combine to result in a loss (negative number), do not report boxes 1,
3, 10, or 17 on your 2013 Federal Tax Return unless you disposed of your entire interest in the Partnership in 2013.
However, boxes 5, 6a, 6b, 8 and 9a need to be reported on Schedules B and D regardless of the result of boxes 1, 3 and
10. If a net loss is reported to you in 2013, it is the result of depreciation allocated to you and is not indicative of the
overall Partnership results.
IMPORTANT - If your Schedule K-1 shows a loss from passive activity you may need to adjust certain amounts reported
on the Federal and State Schedule to reflect the passive activity loss limitations. Please consult your personal tax
advisor for the appropriate tax treatment.
1077-1)1_na.nr77nAR-000n-ons9om
uStar
GP Holdings, LW
Page: 1 of 1
Partner Name:
Account Number:
Partner Federal ID/Entity: 11111POINSINDIVIDUAL
Custodian Federal ID:
TRANSACTION
BROKER OR
CERTIFICATE NUMBER
DATE
DESCRIPTION
201
12/18/2006
The Ownership Schedule is NOT proof of AC BUY
201
10/16/2008
ownership. This schedule contains a AC BUY
08/15/2013
547
summary of your ownership history from DA SELL
your original acquisition of Partnership The information reported on this schedule, as corrected, accurately and completely presents my
ownership history through December 31, 2013. By signing this schedule, I authorize the Partnership
units to December 31, 2013.
201$ OWNERSHIP SCHEDULE. '
4
UNITS
2,000.0000
1,000.0000
-3,000.0000
to make the corrections as indicated above to my Schedule K-1.
This information came directly from the
transfer agent's records if you are a registered holder. Ownership information for
brokerage nominee account) was provided from your broker's or nominee's
records, if the broker or nominee provided
the information in accordance with Internal Revenue Code Section 6031(c). IRS
regulations regarding partnerships require
brokers and nominees to inform the Partnership directly of your unit activity so that
we may furnish you with your tax
information.
Dispositions of Partnership units have
been treated as if they relate to the lots
with the earliest acquisition date.
If you held multiple lots of Partnership
units, the ownership information has been
accumulated for each lot having a common federal tax identification number and
entity type. You will receive a separate tax
package for each lot with a different tax
identification number and different entity
type. For lots attributable to an individual
retirement account (IRA), Keogh or similar type of account, the federal tax identification number of the custodian is shown.
If your records do not agree with the information reported on this Ownership Schedule, then the amounts reported in the
rest of the tax package may not be
correct. Please make any corrections
directly onto this schedule, including any
necessary explanations, sign where indicated and mail before May 15, 2014 to:
NuStar GP Holdings, LLC
Tax Package Support
P.O. Box 799060
Dallas, TX 75379-9060
or you may contact Tax Package Support
by phone at (877) 804-9545 or by e-mail
through our website at www.nustargp
holdings.com.
If the Ownership Schedule is the only
schedule containing information (i.e. the
Schedule K-1 and State schedule is
blank), then the ownership history the
Partnership received from the transfer
agent, brokerage firm or nominee for your
account is inaccurate or incomplete.
Please contact Tax Package Support for
instructions on how to proceed.
Signed:
Daytime Phone Number:
•
0.0000
4
uStar
OP Holdings, LLC
Page: 1 of 1
2013 SALES SCHEDULE
This schedule should not be completed if you did not have a taxable disposition of any of your units. The Sales Schedule will only be provided if you had a taxable disposition of all or a portion of your
Partnership interest in 2013. The information summarized in this schedule should be used to calculate the amount and character of the gain or loss from the disposition of Partnership units. Partnership units are
considered to be sold in the order they were acquired. This approach has been applied for administrative convenience and is not consistent with IRS Revenue Ruling 84-53, which provides that a partner shall apportion the basis in its total partnership interest to any portion sold based on FMV. Each partner must determine on their own the basis to associate with units that are sold. The Partnership expresses no opinion
on the appropriate method and has provided this schedule solely as a courtesy. Please consult your tax advisor for guidance.
Information Provided by Partnership
Please note the items in Columns 1-3 have been provided by the transfer agent or your broker. If this
information is incorrect, you should contact Tax Package Support at (877) 804-9545.
Column (6) - Cumulative Adjustments to Basis: This represents the cumulative amounts of income,
gains, losses, deductions, credits and distributions allocated to these units since your purchase, which
either increase or decrease your original tax basis in these units.
19
Information from Your Records
Column (4) - Sales Proceeds: Enter the total amount you received from the sale, net of any
commissions.
Column (5) - Purchase Amount: Enter the total amount you paid for the units including commissions. If
you acquired the units by some means other than purchase (such as Inheritance), please contact your
tax advisor.
Column (8) - Ordinary Gain: If you have ordinary gain, a Section 751 Statement must be attached to your
Calculation of Gain or Loss
tax return.
Column (7) - Total Gain or Loss: Subtract the sum of the amounts in columns (5) and (6) from the
IRC Section 751 Statement
amount in column (4) and enter the result here.
The taxpayer has reported ordinary income upon the disposition of units in NuStar GP Holdings, LLC, as
Column (9) - Capital Gain or Loss: Subtract the amount in column (8), if any, from the amount
provided by the Tax Matters Partner. The amount was determined in accordance with Internal Revenue
calculated in column (7).
Code Section 751 and the detailed information is available in the offices of the Tax Matters Partner upon
request.
If you disposed of a portion of your units (rather than your entire interest) you may be subject to the passive activity loss limitation rules. Please consult your tax advisor for the appropriate tax treatment.
Absent material participation in the operations of NuStar GP Holdings, LLC or another exception, the gain or loss on your sale of NuStar GP Holdings, LLC units may be treated as net investment income for
purposes of Internal Revenue Code Section-1-411 and potentially subject to a 3.8% surtax.
12
(1)
(2)
(3)
(4)
(5)
(6)
(7)
UNITS
DISPOSED
DISPOSITION
DATE
ACQUISITION
DATE
SALES
PROCEEDS
PURCHASE
AMOUNT
CUMULATIVE
ADJUSTMENTS
TO BASIS
TOTAL
GAIN OR
LOSS (-)
08/15/2013
08/15/2013
12/18/2006
10/16/2008
2,000.0000
1,000.0000
70,545
PARTNER TOTALS
-27,556
-10,122
13
-
( 59,459
+
ORDINARY
GAIN
-37,678)
= 48,768
-
29,057
FORM 4797
17 PART II, LINE 10
29,057
15
CAPITAL GAIN
OR LOSS (-)
21,205
7,852
14
21,781
REFERENCES
(9)
(8)
GAIN OR LOSS CLASSIFICATION
Gain/(Loss) per 1099B:
1077-01-00-0022068-0004-0089830
Form 8949 Gain Adj.
=
19,707
FORM 1040,
SCHEDULE D
19,707
(10)
ALTERNATIVE
MINIMUM TAX
BASIS
ADJUSTMENT
-444
-200
-644
FORM 6251, 18
LINE 17
(644)
11,086
-----8,621 16
Certain states require that nonresidents apportion the gain/loss from the sale of a partnership interest to their state. Listed below are the apportionment factors for states identified as imposing such requirements.
The reporting requirements for each state may vary, and there could be additional states with similar requirements; therefore, it is important to consult with your tax preparer in completing any applicable state tax
returns. Please contact Tax Package Support if additional information is required.
CA 2.713%
ID 0.000%
IA 0.185%
ME 0.000%
MA 0.000%
MN 1.624%
MT 0.000%
ND 1.215%
OK 1.172%
OR 0.434%
Page
5 of
Robert W. Baird & Co. Incorporated
Proceeds from Broker and Barter Exchange Transactions
2013 1099-B*
(continued)
OMB No. 1545-0715
LONG-TERM TRANSACTIONS 6 - NONCOVERED tax lot for which cost basis is NOT reported to the IRS**
Report on Form 8949, Part II, with Box E checked
8 - Description / CUSIP / 1 d - Symbol
1 a - Date of Sale
2a - Proceeds of
or exchan • e
I e - Quantit
stocks bonds etc.
MIDDLESEX NJ4.875 021513 / CUSIP: 596562DK1 / Symbol:
02/15/13
30,000.000
30,000.00
These columns are not reported to the IRS
Cost or
Wash sale
other basis loss disallowed
Gain or loss
Date of
ac • uisition
09/17/98
30,000.00
Additional information
0.00 Redemption
Note: AA
Original basis: $30,453.00
NUSTAR GROUP HLDGS LLC / CUSIP: 67059L102 / Symbol: NSH
2 tax lots for 08/15/13. Total proceeds (and cost when required) reported to the IRS.
2,000.000
47,030.27
12/18/06
43,231.76
08/15/13
1,000.000
23,515.14
3,000.000
70,545.41
PIMA AZ HWY 4.375 070118 / CUSIP: 721882BK3 / Symbol:
07/01/13
35,000.000
35,000.00
10/16/08
13
VARIOUS
07/07/08
16,227.25
13
59,459.01
0.00
35,000.00
15
3,798.51 Sale
Note: LP
Original basis: $44,321.76
7,287.89 Sale
Note: LP
Original basis: $16,772.25
11,086.40 Total of 2 lots
0.00 Redemption
Note: AA
Original basis: $35,909.55
VERIZON COMMS INC / CUSIP: 92343V104 / Symbol: VZ
05/01/13
2 tax lots for 05/01/13. Total proceeds (and cost when required) reported to the IRS.
750.000
39,519.22
01/07/09
22,880.89
250.000
13,173.08
03/30/10
7,463.45
1,000.000
52,692.30
VARIOUS
30,344.34
0.00
16,638.33 Sale
5,709.63 Sale
22,347.96 Total of 2 lots
WINDSTREAM CORP / CUSIP: 97381W104 / Symbol:
7 tax lots for 03/27/13. Total proceeds (and cost when required) reported to the IRS.
103.300
822.52
06/02/91
293.20
206.600
1,644.95
06/06/94
832.08
206.600
1,644.95
09/11/00
1,809.30
529.32 Sale
Note: AC
Original basis: $370.99
812.87 Sale
Note: AC
Original basis: $987.66
-164.35 Sale
Note: AC
Original basis: $1,964.88
* This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you
if this income is taxable and the IRS determines that it has not been reported. Remember, taxpayers are ultimately responsible for the accuracy of their tax return(s).
**For NONCOVERED tax lots, values for "Date of acquisition," "Cost or other basis" and "Wash sale loss disallowed" are provided for your reference and are NOT reported to the IRS.
# Less commissions and if shown, option premium.
18
Page
6 of
Account,lillan
Robert W. Baird & Co. Incorporated
Proceeds from Broker and Barter Exchange Transactions
OMB No. 1545-0715
(continued)
2013 1099-B*
LONG-TERM TRANSACTIONS 6 - NONCOVERED tax lot for which cost basis is NOT reported to the IRS**
Report on Form 8949, Part II, with Box E checked
8 - Description / CUSIP / 1d - Symbol
These columns are not reported to the IRS
2a - Proceeds of
1 a - Date of Sale
stocks, bonds, etc.
le - Quantity
or exchange
WINDSTREAM CORP / CUSIP: 97381W104 / Symbol: (cont'd)
4,112.39
516.500
03/27/13
Date of
acquisition
Cost or
Wash sale
other basis loss disallowed
02/21/03
3,521.08
700.000
5,573.42
10/10/06
8,885.52
300.000
2,388.61
07/26/07
4,129.17
1,967.000
15,661.33
12/08/09
19,941.45
4,000.000
31,848.17
VARIOUS
39,411.80
0.00
294,132.73
0.00
Totals:
340,632.13
Gain or loss(-) Additional information
591.31 Sale
Note: AC
Original basis: $3,910.06
-3,312.10 Sale
Note: AC
Original basis: $9,528.91
-1,740.56 Sale
Note: AC
Original basis: $4,404.91
-4,280.12 Sale
Note: AC
Original basis: $21,749.59
-7,563.63 Total of 7 lots
15
46,499.40
* This is important tax information and is being furnished to the Internal Revenue Service. If you are required to file a return, a negligence penalty or other sanction may be imposed on you
if this income is taxable and the IRS determines that it has not been reported. Remember, taxpayers are ultimately responsible for the accuracy of their tax return(s).
**For NONCOVERED tax lots, values for "Date of acquisition," "Cost or other basis" and "Wash sale loss disallowed" are provided for your reference and are NOT reported to the IRS.
# Less commissions and if shown, option premium.
18
Example 2: ETP
tia.001 ENERGY TRANSFER PARTNERS, L.P. (NYSE:ETP)
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
aid111111111■111111011
TUCSON AZ 85739-3020
Or.
Tax Package Support
PO Box 799060
Dallas, Texas 75379-9060
Phone: 1-800-792-7904
Fax: 1-866-554-3842
www.taxpackagesupport.com/etp
-k.a•
Iti
Dear Unitholder,
Enclosed is your Energy Transfer Partners, L.P. ("ETP" or "Partnership") tax package for the tax year ending December 31, 2013. The
information contained in this package is being provided to you because the Partnership has been notified either by your broker or the
Partnership's transfer agent that you were an owner of Partnership units during the 2013 tax year. If the information provided by your
broker or the transfer agent is incorrect, the information being reported to you and the Internal Revenue Service ("IRS") will be incorrect.
Therefore, it is important that you carefully review the information included in this package to ensure it is consistent with the information
sent to you by your broker or transfer agent during 2013.
The following documents are provided in this package:
1. Schedule K-1 and Instructions
2. Supplemental K-1 Information Statement
3. Transaction Schedule
4. Sales Worksheets (only if units were sold in 2013)
5. State Information Schedules
This package includes a set of general instructions that you may use in conjunction with the 2013 Partner's Instructions for Schedule
K-1 (Form 1065) that is published by the IRS and available on the Partnership's website. The Partnership's website also includes a list
of Frequently Asked Questions ("FAQs") that pertain to the federal income tax issues associated with investments in Publicly Traded
Partnerships ("PTPs").
The tax guidance contained in this package, reflected on the enclosed schedules and provided on the Partnership's website is based
on existing federal and state tax laws and regulations as interpreted by the General Partner. This information is being provided for your
general guidance, and is not intended to be, nor should it be construed as, the basis of tax advice. Before undertaking any tax filing, the
Partnership suggests that you refer to the appropriate federal and state income tax laws or consult your personal tax advisor.
For tax years beginning after 2012, new Internal Revenue Code ("IRC") Section 1411 imposes a 3.8% surtax on certain passive
investment income of individuals and of trusts and estates. Your share of income reported on this Schedule K-1 and any gain on the
sale of ETP units may be subject to this surtax. The partnership encourages you to consult your tax advisor concerning the impact of
IRC Section 1411 to you.
If you prefer to go paperless and receive your K-1 electronically, you can do so in the Account Management screen on
www.taxpackagesupport.com/etp. By electing electronic delivery, you will no longer receive a copy in the mail. Instead, you will receive
an email when your Schedule K-1 is available online.
To access your Schedule K-1 information online, you must register as a Tax Package Support user at www.taxpackagesupport.com/etp.
During registration, you will provide your name, a valid email address, and a password. Once your registration is activated via a confirmation
email, you will be directed to provide the name and Tax ID of the account(s) you are authorized to access. Any corrections to this
information or any other information reflected in this package must be submitted to the Partnership by June 14, 2014 in any one of the
following ways:
1. Mail to Energy Transfer Partners, L.P., Attention: Tax Package Support, P.O. Box 799060, Dallas, TX 75379-9060
2. Call Tax Package Support at 1-800-792-7904 or
3. Submit corrections online through the Partnership's website at www.taxpackagesupport.com/etp
Failure to submit corrections by June 14, 2014 may require you to file Form 8082 - "Notice of Inconsistent Treatment or Administrative
Adjustment Request" with your federal income tax return.
Thank you for your investment in ETP.
Sincerely,
Energy Transfer Partners, L.P.
SA6DF01-4GV
1Ir,
■•
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
D Amended K-1
D Final K-1
Schedule K-1
(Form 1065)
Part III Partner's Share of Current Year Income,
2013
Department of the Treasury
Internal Revenue Service
Deductions, Credits, and Other items
1
For calendar year 2013, or tax
year beginning
15
Credits
16
Foreign transactions
-1,434
Net rental real estate income (loss)
, 20
Partner's Share of Income, Deductions,
► See back of form and separate instructions.
Credits, etc.
Part I
Ordinary business income (loss)
2013
ending
651113
OMB No. 1545-0099
Information About the Partnership
Other net rental income (loss)
4
Guaranteed payments
5
Interest income
Partnership's employer identification number
73-1493906
921
Partnership's name, address, city, state, and ZIP code
ENERGY TRANSFER PARTNERS, L.P.
3738 OAK LAWN
DALLAS, TX 75219
Ordinary dividends
rn
1,235
6b - Qualified dividends
)
7
Rw44)tiii",
1n
8
Net
a
Net kJ
23
a.
IRS Center where partnership filed return
Ogden, UT
Check if this is a publicly traded partnership (PTP)
Part II
Information About the Partner
4C`apita
4
-
•
vital
i
s,
ts
in
17 s hl jiati
atie
minimum tax (AMT) items
vag,
Partner's identifying number
9b
Collectibles (28%) gain (I
Partner's name, address, city, state, and ZIP code
9c
Unrecaptured section 1250 gain
10
Net section 1231 gain (loss)
-126
29
B
1111111111111111111111=1.11111;
TUCSON AZ 85739
18
260
3
[1] General partner or LLC
member-manager
11
Other income (loss)
C
12
Section 179 deduction
A
13
Other deductions
19
What type of entity is this partner?
12
If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here
(see instructions)
A
20
Partner's share of profit, loss, and capital (see instructions):
Beginning
Ending
0.000543 %
0.000543 %
0.000543 %
Loss
Capital
Distributions
7,890
INDIVIDUAL
11
Profit
15
Limited partner or other LLC
member
❑ Foreign partner
Domestic partner
Tax-exempt income and
nondeductible expenses
0.000503 %
0.000503 %
0.000503 %
T*
14
279
A
4,138
STMT
V
-804
Z*
STMT
Self-employment earnings (loss)
Partner's share of liabilities at year end:
Nonrecourse . .
Other information
85,487
Qualified nonrecourse financing
*See attached statement for additional information.
Recourse .
Partner's capital account analysis:
.
31,427
Current year increase (decrease) .
2,668
(7,890)
26,205
Beginning capital account .
.
0
Capital contributed during the year
Withdrawals & distributions
Ending capital account .
13
Tax basis
D
GAAP
D
Section 704(b) book
a)
(/)
CC
O
-
1.1.
El Other (explain)
M
0
Did the partner contribute property with a built-in gain or loss?
El
3
Yes
No
If "Yes," attach statement (see instructions)
For Paperwork Reduction Act Notice, see Instructions for Form 1065.
IRS.gov/form1065
Cat. No. 11394R
Schedule K-1 (Form 1065) 2013
SA5DFO3E
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
Page
Schedule K-1 (Form 1065) 2013
This list identifies the codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040.
For detailed reporting and filing information, see the separate Partner's Instructions for Schedule K-1 and the instructions for your income tax return.
1. Ordinary business income (loss). Determine whether the income (loss) is
passive or nonpassive and enter on your return as follows.
Report on
See the Partner's Instructions
Passive loss
Schedule E, line 28, column (g)
Passive income
Schedule E, line 28, column (h)
Nonpassive loss
Schedule E, line 28, column (j)
Nonpassive income
See the Partner's Instructions
2. Net rental real estate income (loss)
3. Other net rental income (loss)
Schedule E, line 28, column (g)
Net income
See the Partner's Instructions
Net loss
Schedule E, line 28, column (j)
4. Guaranteed payments
Form 1040, line 8a
5. Interest income
Form 1040, line 9a
6a. Ordinary dividends
Form 1040, line 9b
6b. Qualified dividends
Schedule E, line 4
7. Royalties
Schedule D, line 5
8. Net short-term capital gain (loss)
Schedule D, line 12
9a. Net long-term capital gain (loss)
28% Rate Gain Worksheet, line 4
9b. Collectibles (28%) gain (loss)
(Schedule D instructions)
See the Partner's Instructions
9c. Unrecaptured section 1250 gain
See the Partner's Instructions
10. Net section 1231 gain (loss)
11. Other income (loss)
Code
See the Partner's Instructions
A Other portfolio income (loss)
See the Partner's Instructions
B Involuntary conversions
Form 6781, line 1
C Sec. 1256 contracts & straddles
Mining
exploration
costs
recapture
D
See Pub. 535
Cancellation
of
debt
Form 1040, line 21 or Form 982
E
F Other income (loss)
See the Partner's Instructions
12. Section 179 deduction
See the Partner's Instructions
13. Other deductions
A Cash contributions (50%)
B Cash contributions (30%)
C Noncash contributions (50%)
D Noncash contributions (30%)
See the Partner's
E Capital gain property to a 50%
Instructions
organization (30%)
F Capital gain property (20%)
G Contributions (100%)
H Investment interest expense
Form 4952, line 1
I Deductions—royalty income
Schedule E, line 19
J Section 59(e)(2) expenditures
See the Partner's Instructions
K Deductions—portfolio (2% floor)
Schedule A, line 23
L Deductions—portfolio (other)
Schedule A, line 28
M Amounts paid for medical insurance Schedule A, line 1 or Form 1040, line 29
N Educational assistance benefits
See the Partner's Instructions
O Dependent care benefits
Form 2441, line 12
P Preproductive period expenses
See the Partner's Instructions
O Commercial revitalization deduction See Form 8582 instructions
from rental real estate activities
R Pensions and IRAs
See the Partner's Instructions
S Reforestation expense deduction
See the Partner's Instructions
T Domestic production activities
See Form 8903 instructions
information
U Qualified production activities income Form 8903, line 7b
✓ Employer's Form W-2 wages
Form 8903, line 17
W Other deductions
See the Partner's Instructions
14. Self-employment earnings (loss)
Note. If you have a section 179 deduction or any partner-level deductions, see the
Partner's Instructions before completing Schedule SE.
A Net earnings (loss) from
Schedule SE, Section A or B
self-employment
B Gross farming or fishing income
C Gross non-farm income
15. Credits
A Low-income housing credit
(section 42(j)(5)) from pre-2008
buildings
B Low-income housing credit
(other) from pre-2008 buildings
C Low-income housing credit
(section 426)(5)) from
post-2007 buildings
▪ Low-income housing credit
(other) from post-2007
buildings
E Qualified rehabilitation
expenditures (rental real estate)
F Other rental real estate credits
G Other rental credits
H Undistributed capital gains credit
I Biofuel producer credit
J Work opportunity credit
K Disabled access credit
See the Partner's Instructions
See the Partner's Instructions
See the Partner's Instructions
Form 1040, line 71; check box a
I
See the Partner's Instructions
Report on
Code
L Empowerment zone
employment credit
M Credit for increasing research
activities
See the Partner's Instructions
N Credit for employer social
security and Medicare taxes
O Backup withholding
P Other credits
16. Foreign transactions
A Name of country or U.S.
possession
Form 1116, Part I
B Gross income from all sources
C Gross income sourced at
partner level
Foreign gross income sourced at partnership level
D Passive category
E General category
Form 1116, Part I
F Other
Deductions allocated and apportioned at partner level
Form 1116, Part I
G Interest expense
Form 1116, Part I
H Other
Deductions allocated and apportioned at partnership level to foreign source
income
I Passive category
} Form 1116, Part I
J General category
K Other
Other inforrnation
Form 1116, Part II
L Total foreign taxes paid
Form 1116, Part II
M Total foreign taxes accrued
N Reduction in taxes available for credit Form 1116, line 12
Form 8.873
O Foreign trading gross receipts
Form 8873
P Extraterritorial income exclusion
See the Partner's Instructions
O Other foreign transactions
17. Alternative minimum tax (AMT) items
A Post-1986 depreciation adjustment
See the Partner's
B Adjusted gain or loss
Instructions and
C Depletion (other than oil & gas)
D Oil, gas, & geothermal—gross income
the Instructions for
E Oil, gas, & geothermal—deductions
Form 6251
F Other AMT items
18. Tax-exempt income and nondeductible expenses
Form 1040, line 8b
A Tax-exempt interest income
See the Partner's Instructions
B Other tax-exempt income
C Nondeductible expenses
See the Partner's Instructions
19. Distributions
A Cash and marketable securities
B Distribution subject to section 737 I See the Partner's Instructions
C Other property
20. Other information
Form 4952, line 4a
A Investment income
B Investment expenses
Form 4952. line 5
C Fuel tax credit information
Form 4136
D Qualified rehabilitation expenditures See the Partner's Instructions
(other than rental real estate)
E Basis of energy property
See the Partner's Instructions
Form 8611, line 8
F Recapture of low-income housing
credit (section 42(j)(5))
G Recapture of low-income housing
Form 8611, line 8
credit (other)
H Recapture of investment credit
See Form 4255
I Recapture of other credits
See the Partner's Instructions
J Look-back interest—completed
See Form 8697
long-term contracts
K Look-back interest—income forecast See Form 8866
method
L Dispositions of property with
section 179 deductions
M Recapture of section 179 deduction
N Interest expense for corporate
partners
O Section 453(1)(3) information
P Section 453A(c) information
O Section 1260(b) information
R Interest allocable to production
See the Partner's
expenditures
Instructions
S CCF nonqualified withdrawals
T Depletion information—oil and gas
U Amortization of reforestation costs
✓ Unrelated business taxable income
W Precontribution gain (loss)
X Section 108(i) information
Y Net investment income
7 Other information
SA5DFO3G
2
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
ENERGY TRANSFER PARTNERS, L. P. (NYSE:ETP)
FEIN
Type of
Activity
PTP
Pass-through
Energy Transfer Partners, L.P.
73-1493906
trade/business
x
x
Amerigas Partners, L.P.
23-2787918
trade/business
x
x
Sunoco Logistics Partners L.P.
23-3096839
trade/business
x
x
Schedule of Separate Passive Activites
1
2
3
ETP:
APU:
SXL:
SUPPLEMENTAL K-1 INFORMATION STATEMENT FOR TAX YEAR 2013
Disposed
The passive activity loss limitations provide that individuals and some other types of investors that do not meet certain business participation thresholds may only deduct losses from these activities to the extent
of the taxpayer's income from such activities. One of the unique tax issues related to investments in PTPs provides that the passive activity loss limitations are generally applied separately with respect to each PTP
that is owned by the taxpayer. However, the application of the passive loss limitations to tiered PTPs is not entirely clear, so you should consult your personal tax advisor as to whether you are subject to the passive
loss limitations, and if so, how the information presented below should be reported in your federal and state income tax returns.
Absent material participation in the operations of Energy Transfer Partners, L.P. or another exception, the partnership expects that all of the items of income, gain, loss and deduction reported to you on this Schedule
K-1 would be considered net investment income for purposes of IRC Section 1411 and potentially subject to a 3.8% surtax.
This schedule identifies your direct and indirect share of ETP's, APU's and SXL's income or loss that is allocable to each PTP's separate business activities. Current year losses generated by each PTP that are not
deductible due to the passive loss limitations may either be (i) deducted in future tax reporting periods to offset passive income generated by the same PTP, or (ii) deducted in full in the tax year that you dispose of
your entire investment in the Partnership in a fully taxable transaction with an unrelated party.
ETP
1
Separate PTP Ordinary Business Income (Loss)
5
Interest income
6a Ordinary dividends
6b Qualified dividends
9a Net long-term capital gain (loss)
10 Net Section 1231 Gain (Loss)
13 Other deductions
A
Charitable Contributions
H
Investment Interest Expense
T1 Domestic production gross receipts (DPGR) (from oil and gas activities)
T2 Cost of goods sold allocable to DPGR (from oil and gas activities)
T3 Total deductions, expenses, and losses directly allocable to DPGR (from oil and gas activities)
T4 Other deductions, expenses, and losses not directly allocable to DPGR (from oil and gas activities)
T5 DPGR Employers W-2 wages
17A Post - 1986 depreciation adjustment
17B Adjusted Gain or Loss
18C Nondeductible expenses
19A Cash and marketable securities
20 Other Information
A
Investment income
V
Total unrelated business taxable income included on Schedule K-1, page 1
Zi UBTI included on Schedule K-1, line 1
Z2 UBTI from debt financed dividend and interest income included on Schedule K-1, page 1
Z3 Depreciation Adjustment for Non-Conforming States
Z4 Section 1231 Gain (Loss) Adjustment for Non-Conforming States
Z5 AMT Depreciation Adjustment for Non-Conforming States
Z6 Entity Level State Income Tax Included in Box 1
Z7 Nontaxable Adjustment to Capital Account
Z8 E&P adjustment due to depreciation and asset sales
Z9 Gross Receipts
SA6DFOGZ
3
2
1
APU
SXL
-3,556
903
1,149
1,149
0
238
2,017
17
0
0
105
1
86
86
1,982
22
0
2
276
2,425
5,162
246
4,099
68
-93
0
0
0
0
0
0
0
0
-56
29
23
0
14
7,890
0
0
1
2,052
-2,926
-3,556
630
-683
1,999
2,017
2,017
87
105
105
0
0
0
0
0
0
0
0
0
25,503
1,604
0
792
40
0
3
0
0
0
0
0
0
0
0
253
0
89
0
0
0
22,054
9131 0010 EN RP 06 03062014 NNNNNN 01 024(11 0104
TRANSACTION SCHEDULE
ENERGY TRANSFER PARTNERS, L.P. (NYSE:ETP)
PARTNER NAME:
ACCOUNT NUMBER:
PARTNER FEDERAL ID/ENTITY:
gillIONVINDIVIDUAL
CUSTODIAN FEDERAL ID:
73-1493906
PARTNERSHIP FEDERAL ID:
NOTE: THIS TRANSACTION SCHEDULE IS NOT PROOF OF OWNERSHIP IN
ENERGY TRANSFER PARTNERS, L.P.
This important document contains your ownership of ETP units during 2013 including units bought or sold by date and number
of units as reported to the Partnership by your broker or the Partnership's transfer agent.
TRANSACTION
AC
AC
AC
DESCRIPTION
BUY
BUY
BUY
DATE
06-30-2009
06-30-2009
06-30-2009
BROKER OR
CERTIFICATE NUMBER
141
141
141
UNITS
1,700.0000
300.0000
200.0000
2,200.0000
END OF YEAR UNITS
SEE TAX INSTRUCTIONS FOR ADDITIONAL INFORMATION
ACKNOWLEDGEMENT FOR CORRECTIONS ONLY
The information reported on this schedule, as corrected, accurately and completely presents my ownership history through 12/31/13.
Signature
Daytime Phone
Fax Number
Date
SA6DFOHO
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
2013 STATE INFORMATION
ENERGY TRANSFER PARTNERS, L.P. (NYSE:ETP) ETP Stand-Alone State Activity Report
PARTNER NAME:
ACCOUNT NUMBER:
PARTNER FEDERAL ID/ENTITY:
411111111101.11NDIVIDUAL
CUSTODIAN FEDERAL ID:
PARTNERSHIP FEDERAL ID:
73-1493906
Since the Partnership has operations in multiple states, you may be required to file an income tax return in those states. This schedule identifies your share of reportable state
income or loss items for states where the Partnership conducts business that may impose an income tax. In most cases, these items are required to be reported separately in
your state income tax returns. Please refer to the 2013 K-1 Instructions attached under the heading "State Information Schedule" for additional general state income tax reporting
guidance.
The Partnership has elected federal bonus depreciation for the 2013 tax year and/or in prior tax years. Certain states allow federal bonus depreciation in all situations for purposes
of calculating state taxable income (the "conforming" states) while other states disallow or restrict the amount of federal bonus depreciation allowed for purposes of calculating
state taxable income (the "non-conforming" states). For the 2013 tax year, on the State Income Tax Contact Chart, the Partnership has identified, with an asterisk (1, the nonconforming states. If you received an allocation of income/loss in column 1 and/or an allocation of Section 1231 gain/loss in column 6 from a non-conforming state, potential bonus
depreciation adjustments for that non-conforming state have been reflected in columns 2 and 7, respectively. However, non-conforming states may treat certain categories of
partners (e.g. individuals, partnerships, corporations) differently. Please review the rules of each state or consult your tax advisor to determine whether or not the bonus depreciation
adjustments in columns 2 and 7 apply to your particular situation. If a bonus depreciation adjustment applies to your situation, the amounts in columns 2 and 7 should be added
to the amounts in column 1 and 6, respectively, to arrive at the amount of ordinary income/loss and net section 1231 gain/loss that is reportable in each non-conforming state.
If you are subject to the passive activity loss rules, you should consult your personal tax advisor as to how the state information included in this schedule should be reported in
your state income tax returns.
Also note that you may or may not be required to file income tax returns for all states listed in this schedule due to state requirements and/or limited activity in the state. We
recommend that you consult your personal tax advisor on this matter. ETP is not in a position to provide any further guidance as to the applicability of state income tax filings
beyond that which is provided herein.
State Information
(Due to rounding and other Federal and State differences, totals may not agree to Federal totals)
(1)
STATE
AL
AR
AZ
CA
CO
FL
GA
IA
IL
IN
KS
KY
LA
MA
MD
MI
MN
MO
MS
MT
NC
ND
NE
NJ
NM
NY
OH
OK
PA
SC
TN
UT
VA
WV
SEPARATE
ORDINARY
INCOME /
LOSS (-) FROM
THIS ACTIVITY
(2)
POTENTIAL
BONUS
DEPRECIATION
ADJUSTMENT
TO COLUMN 1
-1
-35
-55
-6
-6
-7
-1
-1
-10
-74
-17
-5
-178
-3
-29
-23
-26
-2
-5
-1
-4
-8
0
-39
-88
-5
-15
-212
-108
-1
-2
0
-38
-8
0
-7
-11
-1
0
-1
0
0
-2
-14
6
-1
0
-1
-6
-4
-5
0
-1
0
-1
0
0
-8
0
-1
-3
0
-21
0
0
0
-7
0
(4)
(5)
(6)
INTEREST
INCOME
DIVIDEND
INCOME
NET
LONG TERM
CAPITAL
GAIN/LOSS(-)
0
9
14
2
2
2
0
0
3
19
4
1
45
1
7
6
7
0
1
0
1
2
0
10
22
1
4
54
27
0
1
0
10
2
0
11
18
2
2
2
0
0
3
24
6
2
58
1
9
7
8
1
2
0
1
3
0
13
29
2
5
69
35
0
1
0
12
2
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
(8)
(9)
(10)
NET
SECTION 1231
GA1WLOSS(-)
(7)
POTENTIAL
SECTION 1231
GAIN/LOSS
ADJUSTMENT
TO COLUMN 6
INVESTMENT
INTEREST
EXPENSE
GROSS
RECEIPTS
ENTITY LEVEL
STATE INCOME
TAX
0
2
4
0
0
0
0
0
1
5
1
0
12
0
2
2
2
0
0
0
0
1
0
3
6
0
1
14
7
0
0
0
3
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
4
0
0
1
0
0
1
6
1
0
14
0
2
2
2
0
0
0
0
1
0
3
7
0
1
16
8
0
0
0
3
1
10
254
397
46
45
50
7
9
72
533
123
36
1,278
21
209
166
185
14
38
4
26
58
3
281
633
33
106
1,521
775
8
18
2
273
55
0
0
1
0
0
0
0
0
0
1
0
0
2
0
0
0
0
0
0
0
0
0
0
0
1
0
0
2
1
0
0
0
0
0
$8
34 States
DO NOT INCLUDE THIS SCHEDULE WITH YOUR FEDERAL OR STATE INCOME TAX RETURNS
SEE TAX INSTRUCTIONS FOR ADDITIONAL INFORMATION
SA6DFOH6
-NZ
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
2013 STATE INFORMATION
PARTNERS,
L.P.
(NYSE:ETP)
APU
Stand-Alone
State Activity Report
ENERGY TRANSFER
PARTNER NAME:
MINIMINIIIIIMM111111
ACCOUNT NUMBER:
PARTNER FEDERAL ID/ENTITY:
1.1111.0./INDIVIDUAL
CUSTODIAN FEDERAL ID:
73-1493906
PARTNERSHIP FEDERAL ID:
Since the Partnership has operations in multiple states, you may be required to tile an income tax return in those states. This schedule identifies your share of reportable state
income or loss items for states where the Partnership conducts business that may impose an income tax. In most cases, these items are required to be reported separately in
your state income tax returns. Please refer to the 2013 K-1 Instructions attached under the heading "State Information Schedule" for additional general state income tax reporting
guidance.
The Partnership has elected federal bonus depreciation for the 2013 tax year and/or in prior tax years. Certain states allow federal bonus depreciation in all situations for purposes
of calculating state taxable income (the "conforming" states) while other states disallow or restrict the amount of federal bonus depreciation allowed for purposes of calculating
state taxable income (the "non-conforming" states). For the 2013 tax year, on the State Income Tax Contact Chart, the Partnership has identified, with an asterisk (*), the nonconforming states. If you received an allocation of income/loss in column 1 and/or an allocation of Section 1231 gain/loss in column 6 from a non-conforming state, potential bonus
depreciation adjustments for that non-conforming state have been reflected in columns 2 and 7, respectively. However, non-conforming states may treat certain categories of
partners (e.g. individuals, partnerships, corporations) differently. Please review the rules of each state or consult your tax advisor to determine whether or not the bonus depreciation
adjustments in columns 2 and 7 apply to your particular situation. If a bonus depreciation adjustment applies to your situation, the amounts in columns 2 and 7 should be added
to the amounts in column 1 and 6, respectively, to arrive at the amount of ordinary income/loss and net section 1231 gain/loss that is reportable in each non-conforming state.
If you are subject to the passive activity loss rules, you should consult your personal tax advisor as to how the state information included in this schedule should be reported in
your state income tax returns.
Also note that you may or may not be required to file income tax returns for all states listed in this schedule due to state requirements and/or limited activity in the state. We
recommend that you consult your personal tax advisor on this matter. ETP is not in a position to provide any further guidance as to the applicability of state income tax filings
beyond that which is provided herein.
State Information
(Due to rounding and other Federal and State differences, totals may not agree to Federal totals)
STATE
AL
AR
AZ
CA
CO
CT
DE
FL
GA
HI
IA
ID
IL
IN
KY
LA
MA
MD
ME
MI
MN
MO
MS
MT
NC
ND
NH
NJ
NM
NY
OH
OK
OR
PA
RI
SC
TN
UT
VA
VT
WI
WV
(1)
SEPARATE
ORDINARY
INCOME /
LOSS (-) FROM
THIS ACTIVITY
(2)
POTENTIAL
BONUS
DEPRECIATION
ADJUSTMENT
TO COLUMN 1
(3)
(4)
(5)
(6)
INTEREST
INCOME
DIVIDEND
INCOME
NET
LONG TERM
CAPITAL
GAIN/LOSS(-)
NET
SECTION 1231
GAIN/LOSS(-)
(1)
POTENTIAL
SECTION 1231
GAIN/LOSS
ADJUSTMENT
TO COLUMN 6
31
34
52
225
52
15
8
146
50
11
9
26
49
34
28
16
22
22
7
93
23
48
8
33
108
1
52
35
28
47
73
11
18
170
2
36
66
22
92
28
20
11
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
1
0
0
0
0
0
1
0
0
1
0
0
1
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
30
33
51
221
51
14
0
0
1
2
1
0
0
0
0
0
0
0
2
1
0
0
0
1
0
0
0
0
0
0
1
0
1
0
0
1
0
1
0
0
1
1
0
0
2
0
0
1
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8
144
50
11
9
26
48
33
28
15
21
22
7
91
22
47
8
33
106
1
51
34
27
47
11
10
17
167
2
35
65
22
91
28
20
11
0
0
(8)
(9)
(10)
INVESTMENT
INTEREST
EXPENSE
GROSS
RECEIPTS
ENTITY LEVEL
STATE INCOME
TAX
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24
27
41
179
41
12
6
116
40
9
7
21
39
27
22
12
17
18
6
74
18
38
6
26
86
1
42
28
22
38
58
8
14
135
2
28
53
18
73
22
16
9
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
DO NOT INCLUDE THIS SCHEDULE WITH YOUR FEDERAL OR STATE INCOME TAX RETURNS
SEE TAX INSTRUCTIONS FOR ADDITIONAL INFORMATION
SA6DFOH7
9131 0010 EN RP 06 03062014 NNNNNN 01 024771 0104
2013 STATE INFORMATION
ENERGY TRANSFER PARTNERS, L.P. (NYSE:ETP) SXL Stand-Alone State Activity Report
411110.1.1111■11110
PARTNER NAME:
1111111rnimmmeir
ofanIMIF/INDIVIDUAL
ACCOUNT NUMBER:
PARTNER FEDERAL ID/ENTITY:
CUSTODIAN FEDERAL ID:
73-1493906
PARTNERSHIP FEDERAL ID:
Since the Partnership has operations in multiple states, you may be required to file an income tax return in those states. This schedule identifies your share of reportable state
income or loss items for states where the Partnership conducts business that may impose an income tax. In most cases, these items are required to be reported separately in
your state income tax returns. Please refer to the 2013 K-1 Instructions attached under the heading "State Information Schedule" for additional general state income tax reporting
guidance.
The Partnership has elected federal bonus depreciation for the 2013 tax year and/or in prior tax years. Certain states allow federal bonus depreciation in all situations for purposes
of calculating state taxable income (the "conforming" states) while other states disallow or restrict the amount of federal bonus depreciation allowed for purposes of calculating
state taxable income (the "non-conforming" states). For the 2013 tax year, on the State Income Tax Contact Chart, the Partnership has identified, with an asterisk (*), the nonconforming states. If you received an allocation of income/loss in column 1 and/or an allocation of Section 1231 gain/loss in column 6 from a non-conforming state, potential bonus
depreciation adjustments for that non-conforming state have been reflected in columns 2 and 7, respectively. However, non-conforming states may treat certain categories of
partners (e.g. individuals, partnerships, corporations) differently. Please review the rules of each state or consult your tax advisor to determine whether or not the bonus depreciation
adjustments in columns 2 and 7 apply to your particular situation. If a bonus depreciation adjustment applies to your situation, the amounts in columns 2 and 7 should be added
to the amounts in column 1 and 6, respectively, to arrive at the amount of ordinary income/loss and net section 1231 gain/loss that is reportable in each non-conforming state.
If you are subject to the passive activity loss rules, you should consult your personal tax advisor as to how the state information included in this schedule should be reported in
your state income tax returns.
Also note that you may or may not be required to file income tax returns for all states listed in this schedule due to state requirements and/or limited activity in the state. We
recommend that you consult your personal tax advisor on this matter. ETP is not in a position to provide any further guidance as to the applicability of state income tax filings
beyond that which is provided herein.
State Information
(Due to rounding and other Federal and State differences, totals may not agree to Federal totals)
(1)
STATE
AL
AR
AZ
CA
CO
FL
GA
IA
IL
IN
KS
KY
LA
MA
MD
MI
MN
MO
MS
MT
NC
ND
NE
NJ
NM
NY
OH
OK
PA
SC
TN
UT
VA
WV
SEPARATE
ORDINARY
INCOME /
LOSS (-) FROM
THIS ACTIVITY
(2)
POTENTIAL
BONUS
DEPRECIATION
ADJUSTMENT
TO COLUMN 1
0
1
2
0
0
0
0
0
0
2
1
0
5
0
1
1
1
0
0
0
0
0
0
1
3
0
0
6
3
0
0
0
1
0
0
3
4
0
0
0
0
0
1
5
0
0
0
0
2
2
2
0
0
0
0
0
0
3
0
0
1
0
8
0
0
0
3
0
(8)
(9)
(10)
NET
SECTION 1231
GAIN/LOSS(-)
(7)
POTENTIAL
SECTION 1231
GAIN/LOSS
ADJUSTMENT
TO COLUMN 6
INVESTMENT
INTEREST
EXPENSE
GROSS
RECEIPTS
ENTITY LEVEL
STATE INCOME
TAX
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
9
220
343
40
39
43
6
7
62
461
106
31
1,105
19
181
144
160
12
33
4
22
51
3
243
547
29
92
1,315
670
7
15
1
236
48
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(4)
(5)
(6)
INTEREST
INCOME
DIVIDEND
INCOME
NET
LONG TERM
CAPITAL
GAIN/LOSS(-)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0
0
0
0
0
0
2
0
0
4
0
1
1
1
0
0
0
0
0
0
1
2
0
0
5
3
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(3)
—
DO NOT INCLUDE THIS SCHEDULE WITH YOUR FEDERAL OR STATE INCOME TAX RETURNS
SEE TAX INSTRUCTIONS FOR ADDITIONAL INFORMATION
SA6DFOH8
Example 3: EPD
ENTERPRISE'
ENTERPRISE PRODUCTS
PARTNERS L. P. (NYSE:EPD)
Tax Package Support
PO Box 799060
Dallas, Texas 75379-9060
Phone: 1-800-599-9985
Fax: 1-866-554-3842
www.taxpackagesupport.com/enterprise
2.11111111111116
TUCSON AZ 85739-3020
111IIIIIII11111I 1111
Dear EPD Unitholder,
Attached please find your EPD tax package for the year ended December 31, 2013. The information contained in this package is being
provided to you because the Partnership has been notified either by your broker or the Partnership transfer agent that you were an owner
of Partnership units during the 2013 tax year. Accordingly, if the information provided by your broker or the transfer agent is incorrect, the
information being reported to you and the Internal Revenue Service (IRS) will be incorrect. To that end, it is important that you carefully
review the information contained in this package and, in particular, the Transactions Schedule (explained below) to ensure it is consistent
with the information sent to you by your broker or transfer agent during 2013.
The information contained in this package is more voluminous than what, you generally receive from your traditional equity investments
in corporations. This is largely attributable to the more tax-favorable structure of EPD as a publicly traded partnership (PTP) under U.S.
tax law. As a PTP, the Partnership generally does not pay taxes like a corporation, thereby allowing more cash to be distributed to its
unitholders. Such favorable tax treatment creates some additional tax complexity compared with traditional investments in a corporation.
For example, the Form 1099 issued by corporations only reports interest and dividends. Partnerships, however, are additionally required to
separately report many different items of income, gain, loss, deduction, and credit on a Schedule K-1. Careful attention to the information
contained herein and, if needed, the assistance of a tax advisor, should allow you to properly report this information on your tax return.
Be advised that this information is also provided on EPD's website, which may be accessed at www.enterpriseproducts.com and clicking
K-1 Information, then www.taxpackagesupport.com/enterprise, which takes you to the Partnership's Tax Reporting Package logon
screen. For online access to your K-1 information - if you haven't already done so - you must register as a Tax Package Support user
at this site. During registration you will provide your name, a valid email address and a password. Once your registration is activated via
a confirmation email, you can provide the name and Tax ID for the account(s) you wish to access. The website allows you to transfer
information to IRS tax forms or to download a file, which can be imported into Turbo Tax software.
The following documents are being provided in this package:
1. Schedule K-1, including a page for K-1 Supplemental Information: The Schedule K-1, provides your share of the Partnership's
2013 income, deductions, credits, and related items. The K-1 Supplemental Information Statement provides the box number the
code, the description, and the dollar amount for those items in each of the applicable boxes on the Schedule K-1 with an asterisk
or STMT. The Partnership has made a Code Section 754 election to adjust the basis of partnership property when property is
distributed or when a partnership interest is transferred (under Code Section 743(b)).
Under the current federal tax code, the partnership is allowed to take "bonus depreciation" on assets meeting certain criteria.
Some states do not follow the federal tax code with regard to this provision. The information concerning your share of bonus
depreciation is included on the K-1 Supplemental Information Statement for Tax Year 2013 - item 20Z3 - so that you may make
the necessary adjustments, if applicable, to comply with the law ih effect in your resident filing state.
For tax years beginning after 2012, new Internal Revenue Code (TIC) Section 1411 imposes a 3.8% surtax on certain passive
investment income of individuals and of trusts and estates. Your share of income reported on your Schedule K-1 and, if applicable,
any gain or loss on the sale of EPD units may be subject to this surtax. See Form 8960 for further details. EPD encourages you
to consult your personal tax advisor concerning the impact of Section 1411 to you.
2. State Information: Since the Partnership has operations in more than 35 states, you may be required to file an income tax return
with certain of those states. In some states, the Partnership is subject to and pays state taxes levied on an entity level basis as
opposed to a partner level basis. In such states, taxes payable by, the Partnership are treated as state income taxes for federal
income tax purposes. Column 7 of the State Information sheet represents your share of state taxes treated as state income
taxes for federal income tax purposes. You may need this information to complete your state income tax return for those states
where a deduction is allowed since the state tax expense is not included in column 1 of the State Information sheet. This State
Information is not a tax return document.
3. Transactions Schedule and (if applicable) Sales Worksheet: These two important documents contain your history of EPD
units bought or sold by date and number of units as reported to the Partnership by your broker or the Partnership's transfer
agent. (Note, however, that the Transactions Schedule is not proof of ownership in EPD.) If applicable, the 2013 Sales
Worksheet is provided to calculate your gain or loss from the disposition of Partnership units during the 2013 year. Note: If you
did not dispose of any EPD units during 2013 you will not receive a Sales Worksheet. If you disposed of any EPD units during
2013 you will receive two Sales Worksheets - one for your federal return and for many state returns, and one for your state return
SAADG027
9127 0010 0 RP 16 02162014 YNNNNN 01 013679 0075
ENTERPRISE'
ENTERPRISE PRODUCTS
PARTNERS L. P. (NYSE:EPD)
if you reside in one of the states that does not allow onus depreciation. If you reside in such a state, use Sales Worksheet 2
to compute the gain or loss on the disposition of your EPD units to be reported to your resident filing state. The 2013 Sales
Worksheet(s) provides specific instructions to calculate your ordinary and capital gain or loss. Close attention should be paid
to these instructions. In addition, if you sold EPD units during the 2013 tax year, you will need to file a Code Section 751
Statement; an example is provided in the lndividuaized
li
Income Tax Reporting Instructions.
4. Individualized Income Tax Reporting Instructions: T is document provides information to assist you in reporting the amounts
shown on your Schedule K-1 onto the appropriate IRS tax forms.
5. 2013 Partner's Instructions for Schedule K-1 (Form 1065)
Please carefully review the information on your Transactions Schedule. If the information is inaccurate, please contact us as instructed
below. We will issue a revised Schedule K-1, Transactions Schedule, State Information Sheet, and (if applicable), Sales Worksheet, as
soon as possible.
We urge you to read the Tax Instructions carefully prior to preparing your federal or state tax returns. Note: If you have a net passive
loss - i.e., the sum of Lines 1, 10 and 11F of your K-1 is negatie - generally, you should not report that loss on your federal or state tax
returns unless you disposed of ALL your interest in EPD prior to January 1, 2014 in a fully taxable transaction.
If you are a foreign person, you may have received IRS For1042-S,
ni
Foreign Persons U.S. Source Income Subject to Withholding.
Please follow the instructions for that form.
The enclosed Partner instructions are provided for your gener I information, and are not intended to be, nor should they be construed
as, tax advice. The tax information discussed in this package a d reflected on the schedules provided to you is based on existing federal
and state laws and regulations as interpreted by the General artner. Before undertaking any tax filing, we suggest that you refer to the
appropriate federal and state income tax laws or consult your personal tax advisor.
Any corrections to this information or any other information reflected in this package must be submitted to the Partnership by May 15, 2014.
In any one of the following ways:
1. Mail to Enterprise Products Partners, LP, Attention: Tax Package Support, P.O. Box 799060, Dallas, TX 75379-9060;
2. Call Tax Package Support at 1-800-599-9985, or by fax at 1-866-554-3842; or
3. Submit corrections online through the Partnership's web re at www.enterpriseproducts.com. At this site, click K-1 Information,
then www.taxpackagesupport.com/enterprise, which take you to the Partnership's Tax Reporting Package logon screen. See the
comments above related to account registration at this site. The website allows you to transfer information to IRS tax forms or to
download a file, which can be imported into Turbo Tax software. There you will be able to view your 2013 tax schedules, request
changes to incorrect information, print your tax package tnd print blank IRS forms. At this site you can also register for electronic
K-1 delivery, if you haven't already done so.
Failure to submit corrections by May 15, 2014 may require you to file in your federal income tax return IRS Form 8082 - "Notice of
Inconsistent Treatment or Administrative Adjustment".
Thank you for your investment in EPD.
Sincerely,
Enterprise Products Partners, LP
IMPORTANT NOTICE: The information in the enclosed tax package is •rovided by the Partnership to assist you in preparing your personal tax return. The
information reflects the application of various assumptions and conventio s, as disclosed by the Partnership in various SEC filings and other offering documents. It
is anticipated that the Partnership may provide disclosure of certain of the e assumptions and conventions in the preparation of the Partnership return as warranted
by the IRS and/or other taxing authorities. We suggest that your refer t• the appropriate federal and state income tax laws, instructions, SEC filings and other
offering documents, and that you consult your tax advisor with any quest ons. You should discuss with your tax advisor whether the treatment of any items in the
enclosed tax package may subject you and/or your tax advisor to a pena ty by a taxing authority and the need to adequately disclose any items in order to avoid
such penalty.
SAADG028
9127 0010 0 RP 16 02162014 YNNNNN 01 013679 0075
2013 TRANSACTIONS SCHEDULE
ENTERPRISE'
ENTERPRISE PRODUCTS PARTNERS L. P. (NYSE:EPD)
PARTNER NAME:
1111111.11.111111MIP
ACCOUNT NUMBER:
111111111111111111.
PARTNER FEDERAL ID/ENTITY:
dajaMEINDIVIDUAL
CUSTODIAN FEDERAL ID:
76-0568219
PARTNERSHIP FEDERAL ID:
NOTE: THIS TRANSACTIONS SCHEDULE IS NOT PROOF OF OWNERSHIP IN ENTERPRISE PRODUCTS
PARTNERS L.P.
TRANSACTION
AC
AC
AC
AC
AC
AC
AC
DESCRIPTION
BUY
BUY
BUY
BUY
BUY
BUY
BUY
DATE
09-17-2004
11-22-2004
01-05-2005
02-09-2007
02-09-2007
04-18-2007
04-18-2007
BROKER OR
CERTIrCATE NUMBER
201
201
201
201
201
201
201
END OF YEAR UNITS
UNITS
1,500.0000
1,000.0000
1,000.0000
909.0000
101.0000
404.0000
101.0000
5,015.0000
DO NOT INCLUDE THIS SCHEDULE WITH YOUR FEDERAL OR STATE INCOME TAX RETURNS
ACKNOWLEDGEMENT FOR CORRECTIONS ONLY
The information reported on this schedule, as corrected, accurately and completely presents my transaction history through 12/31/13.
Signature
Daytime Phone
Date
SAADG029
9127 0010 0 RP 16 02162014 YNNNNN 01 013679 0075
651113
Schedule K-1
(Form 1065)
2013
Department of the Treasury
Internal Revenue Service
1
For calendar year 2013, or tax
year beginning
Partner's Share of Income, Deductions,
► See back of form and separate instructions.
Credits, etc.
A
'
Infft
*IQ HAPRIAtWOR
15
Credits
16
Foreign transactions
17
Alternative minimum tax (AMT) items
-317
2
Net rental real estate income (loss)
3
Other net rental income (loss)
4
Guaranteed payments
5
Interest income
Partnership's employer identification number
76-0568219
B
Ordinary business income (loss)
, 2013
, 20
ending
Part I
OMB No. 1545-0099
0 Amended K-1
0 Final K-1
4
Partnership's name, address, city, state, and ZIP code
ENTERPRISE PRODUCTS PARTNERS L.P.
PO BOX 4018
HOUSTON, TX 77210-4018
6a
Ordinary dividends
6b
Qualified dividends
0
0
C
Royalties
8
Net short-term capital gain (loss)
9a
Net long-term capital gain (loss)
IRS Center where partnership filed return
Ogden, UT
D
7
la Check if this is a publicly traded partnership (PTP)
Part II
AtifotbfatiokAtiolvoiemortow
0
E
Partner's identifying number
9b
Collectibles (28%) gain (loss)
F
Partner's name, address, city, state, and ZIP code
9c
Unrecaptured section 1250 gain
10
Net section 1231 gain (loss)
5111111111111116.
TUCSON AZ 85739
192
11
•
General partner or LLC
member-manager
Ha
Limited partner or other LLC
member
12
If this partner is a retirement plan (IRA/SEP/Keogh/etc.), check here
(see instructions)
Loss
0.000556 %
0.000556 %
0.000556 %
❑
0.000535 %
0.000535 %
0.000535 %
13
Other deductions
Distributions
A
T*
STMT
14
13,541
20
Other information
A
4
V
-317
X*
123
Z*
STMT
Self-employment earnings (loss)
132,176
Qualified nonrecourse financing
$
*See attached statement for additional information.
Recourse
Partner's capital account analysis:
$
Capital contributed during the year
$
0
Current year increase (decrease) .
$
-135
(13,541)
-3,650
Withdrawals & distributions
Tax basis
❑ GAAP
0 Section 704(b) book
0 Other (explain)
For IRS Use Only
10,026
Beginning capital account . . .
Ending capital account . .
M
Section 179 deduction
Partner's share of liabilities at year end:
Nonrecourse
L
0
Partner's share of profit, loss, and capital (see instructions):
Beginning
Ending
Capital
K
F*
14
INDIVIDUAL
What type of entity is this partner?
Profit
18 i Tax-exempt income and
nondeductible expenses
19
11
J
0
12
-901
C
Other income (loss)
C
❑ Foreign partner
Domestic partner
A
Did the partner contribute property with a built-in gain or loss?
No
1:1 Yes
If "Yes," attach statement (see instructions)
For Paperwork Reduction Act Notice, see Instructions for Form 1065.
IRS.gov/form1065
Cat. No. 11394R
Schedule K-1 (Form 1065) 2013
cegrIpri,=
9127 0010 0 RP 16 02162014 YNNNNN 01 013679 0075
Page
Schedule K-1 (Form 1065) 2013
2
This list identifies the codes used on Schedule K-1 for all partners and provides summarized reporting information for partners who file Form 1040.
For detailed reporting and filing information, see the separate Partners Instructions for Schedule K-1 and the instructions for your income tax return.
1. Ordinary business income (loss). Determine whether the income (loss) is
passive or nonpassive and enter on your retum as follows.
Report on
See the Partner's Instructions
Passive loss
Schedule E, line 28, column (g)
Passive income
Schedule E, line 28, column (h)
Nonpassive loss
Schedule E, line 28, column (j)
Nonpassive income
2. Net rental real estate income (loss) See the Partner's Instructions
3. Other net rental income (loss)
Net income
Net loss
4. Guaranteed payments
5. Interest income
6a. Ordinary dividends
6b. Qualified dividends
7. Royalties •
8. Net short-term capital gain (loss)
9a. Net long-term capital gain (loss)
9b. Collectibles (28%) gain (loss)
9c. Unrecaptured section 1250 gain
10. Net section 1231 gain (loss)
11. Other income (loss)
Code
A Other portfolio income (loss)
B Involuntary conversions
C Sec. 1256 contracts & straddles
D Mining exploration costs recapture
E Cancellation of debt
F Other income (loss)
12.
13.
Section 179 deduction
Other deductions
A Cash contributions (50%)
B Cash contributions (30%)
C Noncash contributions (50%)
D Noncash contributions (30%)
E Capital gain property to a 50%
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
Schedule E, line 28, column (g)
See the Partner's Instructions
Schedule E, line 28, column 6)
Form 1040, line 8a
Form 1040, line 9a
Form 1040, line 9b
Schedule E, line 4
Schedule D, line 5
Schedule D, line 12
28% Rate Gain Worksheet, line 4
(Schedule D instructions)
See the Partner's Instructions
See the Partner's Instructions
See the Partner's Instructions
See the Partner's Instructions
Form 6781, line 1
See Pub. 535
Form 1040, line 21 or Form 982
See the Partner's Instructions
See the Partner's Instructions
See the Partner's
Instructions
organization (30%)
Capital gain property (20%)
Contributions (100%)
Form 4952, line 1
Investment interest expense
Schedule E, line 19
Deductions—royalty income
See the Partner's Instructions
Section 59(e)(2) expenditures
Schedule A, line 23
Deductions—portfolio (2% floor)
Schedule A, line 28
Deductions—portfolio (other)
Amounts paid for medical insurance Schedule A, line 1 or Form 1040, lin 29
See the Partner's Instructions
Educational assistance benefits
Form 2441, line 12
Dependent care benefits
See the Partner's Instructions
Preproductive period expenses
Commercial revitalization deduction See Form 8582 instructions
from rental real estate activities
See the Partner's Instructions
Pensions and IRAs
See the Partner's Instructions
Reforestation expense deduction
See Form 8903 instructions
Domestic production activities
information
Qualified production activities income Form 8903, line 7b
Form 8903, line 17
Employer's Form W-2 wages
See the Partner's Instructions
Other deductions
U
V
W
14. Setf-employment earnings (loss)
Note. If you have a section 179 deduction or any partner-level deductions, see he
Partner's Instructions before completing Schedule SE.
Schedule SE, Section A or B
A Net eamings (loss) from
self-employment
See the Partner's Instructions
B Gross farming or fishing income
See the Partner's Instructions
C Gross non-farm income
15.
Credits
A Low-income housing credit
B
C
D
E
F
G
H
I
J
K
(section 42(j)(5)) from pre-2008
buildings
Low-income housing credit
(other) from pre-2008 buildings
Low-income housing credit
(section 42(j)(5)) from
post-2007 buildings
Low-income housing credit
(other) from post-2007
buildings
Qualified rehabilitation
expenditures (rental real estate)
Other rental real estate credits
Other rental credits
Undistributed capital gains credit
Biofuel producer credit
Work opportunity credit
Disabled access credit
Code
L Empowerment zone
employment credit
M Credit for increasing research
activities
N Credit for employer social
security and Medicare taxes
0 Backup withholding
P Other credits
possession
B Gross income from all sources
C Gross income sourced at
See the Partner's Instructions
Form 1116, Part I
partner level
Foreign gross income sourced at partnership level
D Passive category
} Form 1116, Part I
E General category
F Other
Deductions allocated and apportioned at partner level
Form 1116, Part I
G Interest expense
Form 1116, Part I
H Other
Deductions allocated and apportioned at partnership level to foreign source
income
I Passive category
} Form 1116, Part I
J General category
K Other
Other information
Form 1116, Part II
L Total foreign taxes paid
Form 1116, Part II
M Total foreign taxes accrued
N Reduction in taxes available for credit Form 1116, line 12
Form 8873
O Foreign trading gross receipts
Form 8873
P Extraterritorial income exclusion
See the Partner's Instructions
Q Other foreign transactions
17. Alternative minimum tax (AMT) items
A Post-1986 depreciation adjustment
See the Partner's
B Adjusted gain or loss
Instructions and
C Depletion (other than oil & gas)
the Instructions for
D Oil, gas, & geothermal—gross income
E Oil, gas, & geothermal—deductions
Form 6251
Other
AMT
items
F
18. Tax-exempt income and nondeductible expenses
Form 1040, line 8b
A Tax-exempt interest income
See the Partner's Instructions
B Other tax-exempt income
See the Partner's Instructions
C Nondeductible expenses
19. Distributions
A Cash and marketable securities
B Distribution subject to section 737 } See the Partner's Instructions
C Other property
20. Other information
Form 4952, line 4a
A Investment income
Form 4952, line 5
B Investment expenses
Form 4136
C Fuel tax credit information
D Qualified rehabilitation expenditures See the Partner's Instructions
E
F
G
H
I
J
K
M
N
Form 1040, line 71; check box a
See the Partner's Instructions
16. Foreign transactions
A Name of country or U.S.
L
See the Partner's Instructions
Report on
0
P
Q
R
S
T
U
V
W
X
Y
Z
(other than rental real estate)
Basis of energy property
Recapture of low-income housing
credit (section 42(j)(5))
Recapture of low-income housing
credit (other)
Recapture of investment credit
Recapture of other credits
Look-back interest—completed
long-term contracts
Look-back interest—income forecast
method
Dispositions of property with
section 179 deductions
Recapture of section 179 deduction
Interest expense for corporate
partners
Section 453(1)(3) information
Section 453A(c) information
Section 1260(b) information
Interest allocable to production
expenditures
CCF nonqualified withdrawals
Depletion information—oil and gas
Amortization of reforestation costs
Unrelated business taxable income
Precontribution gain (loss)
Section 108(i) information
Net investment income
Other information
See the Partner's Instructions
Form 8611, line 8
Form 8611, line 8
See Form 4255
See the Partner's Instructions
See Form 8697
See Form 8866
See the Partner's
Instructions
SA5DFO3G
9127 0010 0 RP 16 02162014 YNNNNN 01 013679 0075
2013 STATE INFORMATION
ENTERPRISE'
ENTERPRISE PRODUCTS PARTNERS L. R (NYSE:EPD)
PARTNER NAME:
PARTNER ACCOUNT NUMBER:
/INDIVIDUAL
PARTNER FEDERAL ID/ENTITY:
CUSTODIAN FEDERAL ID:
76-0568219
PARTNERSHIP FEDERAL ID:
State Tax Information:
EPD has not attempted to determine for each unitholder whether resident or nonresident state tax returns should be filed. We recommend you consult
your personal tax advisor on this matter.
As stated elsewhere in this tax package, if you have a net passive loss, you should not report that loss - for federal or state tax purposes - unless you
disposed of ALL your interest in EPD in 2013.
State Information
(Due to rounding and other Federal and State differences, totals may not agree to Federal totals)
State
AL
AR
AZ
CA
CO
CT
DE
FL
GA
IA
IL
IN
KS
KY
LA
MA
MD
MN
MO
MS
MT
NC
ND
NE
NH
NM
NY
OH
OK
PA
RI
SC
(1)
Ordinary Business Income or
Loss (-) and Other Income or Loss(-)
(2)
Portfolio Interest
Income
(3)
Portfolio Dividend
Income
(4)
Net Long - Term
Capital Gain or Loss (-)
(5)
Net Section 1231 Gain or
Loss (-)
(6)
Gross Receipts
(7)
State Income
Tax •
-1
-1
0
0
0
0
0
o
o
0
0
o1
o1
o1
0
0
o
1
1
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0 1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
o
0
o
o1
1,330
1,204
307
987
2,056
5
3
132
403
455
1,232
1,431
2,718
47
34,825
5
57
274
744
1,633
594
509
2,129
207
8
8,877
1,160
809
19,885
256
109
41
894
83
8
114
8
-1
-2
0
0
0
0
0
-1
-1
-2
0
-28
0
0
0
-1
-1
0
0
-2
0
0
-7
-1
-1
-16
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
01
o1
0
o
0'
0
2
0
0
0
0
0
1
1
2
0
26
0
0
0
1
1
0
0
2
0
0
0
0
o
0:
0 I
0 i
OF
0
0
0 I
OF
15
0
0
0
0
0
o 1
0
0
o1
o1
0
0
0
UT
VA
VT
WI
-1
0
0
0
01
WV
0
0
0
o1
0
0
0
1
7
1
1
0
0
0
1
0
0
0
0
0
1
0
0
0
0
0
1
1
1
0
14
0
0
0
0
1
0
0
1
0
0
4
0
0
8
0
0
0
0
0
0
0
0
*State taxes treated as state income taxes for federal income tax purposes.
DO NOT INCLUDE THIS SCHEDULE WITH YOUR FEDERAL OR STATE INCOME TAX RETURNS
SAADGO2C
9127 0010 0 RP 16 02162014 YNNNNN 01 013679 0075
E
2013 SCHEDULE K-1 SUPPLEMENTAL INFORMATION STATEMENT
ENTERPRISE'
ENTERPRISE PRODUCTS PARTNERS L. P. (NYSE:EPD)
PARTNER NAME:
PARTNER ACCOUNT NUMBER:
PARTNER FEDERAL ID/ENTITY:
CUSTODIAN FEDERAL ID:
PARTNERSHIP FEDERAL ID:
111111111111.1111111111111101
-
1011111fiRj/INDIVIDUAL
76-0568219
K-1 CODES DESCRIPTION
1 Other income (loss)
11F 1
1 Domestic production gross receipts (DPGR)
13T1
Cost of goods sold allocable to DPGR
13T2
Total deductions, expenses, and losses directly allocable to DPGR
13T3
Other deductions, expenses, and losses Not directly allocable to DPGR
13T4
1
Employer's W-2 wages
13T5
I
Section 108(i) Information
20X3
Gross receipts for UBTI
20Z1
i
Gross deductions for UBTI
20Z2
Bonus depreciation adjustment for most nonconforming states
20Z3
Nontaxable adjustment to capital account
20Z4
AMOUNT/SOURCE
0
97
17
56
19,596
0
123
258,348
258,663
5,078
0
NOTE:
For item 20Y Net Investment Income please see the Individualized Income Tax Reporting Instructions for additional
information on this item
SA1 EG03E