MLP Tax Projections

Standard 20-year scenarios for every major MLP — computed from the IRS Partner’s Basis Worksheet.

This tool provides projections based on assumptions. It does not constitute tax, legal, or investment advice. Consult a qualified CPA or financial advisor before making decisions based on this output.

Standard 20-year tax projections for every major MLP, computed using the IRS Partner’s Basis Worksheet (Lines 1–14). Each projection shows basis erosion, §751 recapture exposure, and estate planning outcomes at default assumptions. Click any ticker for the full projection with IRS citations.

Ticker Position Dist./yr 10yr Basis Zero-Basis 20yr Tax Eff. Rate §751 est.
EPD 1,000 $2.20 $16,468 Year 16 $6,515 10.0% ~$40,000
ET 500 $1.34 $3,356 Year 15 $1,980 11.0% ~$18,903
MPLX 500 $4.31 $2,457 Year 11 $17,900 16.1% ~$20,000
WES 300 $3.72 $667 Year 11 $5,156 14.0% ~$12,000
PAA 500 $1.67 $324 Year 11 $6,113 16.0% ~$19,898
NRP 200 $3 $21,600 Never* $2,120 17.7% ~$8,000
USAC 400 $2.10 $4,060 Year 16 $1,318 7.8% ~$16,000
SUN 300 $3.73 $5,250 Year 14 $4,632 12.5% ~$12,000

* "Never" = basis does not reach zero within 20-year projection. All projections: 32% federal bracket, MFJ, NIIT included, current §199A. §751 estimates are approximate. Last computed: 2026-04-03.

Enter your actual positions → Portfolio Simulator