Magellan Midstream's 2021 Schedule K-3 Now Available

Rhea-AI Summary

Magellan Midstream Partners, L.P. (NYSE: MMP) has announced the availability of 2021 Schedule K-3s, which are essential for unitholders with international tax reporting requirements. Foreign unitholders and certain corporate partners may need this information. To access the Schedule K-3, investors are encouraged to visit www.taxpackagesupport.com/mmp. Magellan will not mail these documents but offers electronic copies via request through Tax Package Support.

Positive

• Schedule K-3 now available for unitholders needing international tax information.
• Unitholders can receive Schedule K-3 electronically upon request.

Negative

• No physical mailing of Schedule K-3s may inconvenience some unitholders.

TULSA, Okla., Aug. 31, 2022 /PRNewswire/ -- Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that 2021 Schedule K-3s, reflecting items of international tax relevance, are now available online. Unitholders requiring this information may access their Schedule K-3 at www.taxpackagesupport.com/mmp.

A limited number of investors (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on the Schedule K-3 for their specific reporting requirements. To the extent the Schedule K-3 is applicable to a unitholder's return filing needs, we encourage them to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with their tax advisor.

Magellan does not plan to mail Schedule K-3s to investors. To receive an electronic copy of the Schedule K-3 via email, unitholders may call Tax Package Support at (800) 230-1032 weekdays between 8 a.m. and 5 p.m. Central.

About Magellan Midstream Partners, L.P.

Magellan Midstream Partners, L.P. (NYSE: MMP) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. Magellan owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation's refining capacity, and can store more than 100 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. More information is available at www.magellanlp.com.

Contact:
Paula Farrell
(918) 574-7650
paula.farrell@magellanlp.com 

 

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SOURCE Magellan Midstream Partners, L.P.

FAQ

What is the significance of the Schedule K-3 for Magellan Midstream Partners (MMP)?

The Schedule K-3 is crucial for unitholders, especially foreign investors, for international tax reporting.

How can I access the Schedule K-3 for Magellan Midstream Partners (MMP)?

Unitholders can access their Schedule K-3 at www.taxpackagesupport.com/mmp.

Will Magellan Midstream (MMP) mail Schedule K-3s to investors?

No, Magellan does not plan to mail Schedule K-3s; they are available online.

Who needs the Schedule K-3 from Magellan Midstream (MMP)?

Primarily foreign unitholders and certain corporate partners may require the Schedule K-3 for their tax returns.

How can I receive the Schedule K-3 electronically for Magellan Midstream (MMP)?

Unitholders may call Tax Package Support at (800) 230-1032 to request an electronic copy.