| Partnership investments held in IRAs
and other tax-exempt accounts can generate a tax return
filing obligation and a tax liability for unrelated business
taxable income ("UBTI"). Stanger's UBTI service helps you
identify and quantify these potential tax obligations for
IRAs and other tax-exempt accounts by contacting the management
of all partnerships held in your tax-exempt accounts to
establish if each partnership generates any unrelated business
income and to quantify the amount of UBTI generated. This
service, custom designed for each individual trustee/custodian,
provides this tax information to subscribers during the
first week in April, including the following information
for each security:
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Identification
Data -- Security name, in-house security
identification number, original price per unit and
Stanger identification number -- as described above. |
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Gross
UBI per unit -- Unrelated Business Income
per unit before UBI deductions. This data, which is
distinct from UBTI, is necessary to establish when
a 990-T filing is required for an individual account.
(Accounts may be required to file even when no taxes
are due.) |
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UBTI
(loss) per unit -- Unrelated Business Taxable
Income (or loss) per unit. This data is necessary
to determine the account's precise tax liability. |
Robert A Stanger & Co., Inc.
1129 Broad Street · Shrewsbury, New Jersey 07702
(732) 389-3600 · Fax (732) 389-1751
E-Mail info@rastanger.com
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