MPLX LP 2021 K-3 tax packages now available on company website

Rhea-AI Summary

MPLX LP (NYSE: MPLX) has released its 2021 Schedule K-3 investor tax packages, now accessible on its website. This is particularly relevant for foreign unitholders and those needing specific tax information. MPLX will not mail K-3 packages but encourages investors to review the material online, especially if it pertains to their tax filings. For additional information or electronic copies, investors can contact MPLX directly. The company operates extensive midstream energy infrastructure across the U.S.

Positive

• Availability of 2021 Schedule K-3 can assist foreign unitholders with tax reporting.
• Encourages awareness among investors of their tax obligations.

Negative

• No physical mailing of K-3 tax packages may inconvenience some investors.

FINDLAY, Ohio, Sept. 13, 2022 /PRNewswire/ -- MPLX LP (NYSE: MPLX) today announced that the company's 2021 Schedule K-3 investor tax packages reflecting items of international tax relevance are now available on its website, https://www.mplx.com. Investors may select the Tax Reporting Package link under the Investors tab, or use the following link: https://www.mplx.com/Investors/Tax_Reporting_Package/.

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 unitholders' tax return filing needs, MPLX encourages them to review the information contained on the Schedule K-3 and refer to the appropriate federal laws and guidance or consult with their tax advisor.

MPLX does not plan to mail K-3 tax packages to investors. For additional information or to receive an electronic copy of the Schedule K-3 via email, unitholders may call 1-800-232-0011 (toll free).

About MPLX LP 

MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. The company also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. More information is available at www.mplx.com.

Investor Relations Contacts: (419) 421-2071
Kristina Kazarian, Vice President
Jamie Madere, Manager
Isaac Feeney, Analyst

Media Contact: (419) 421-3312
Jamal Kheiry, Communications Manager

View original content:https://www.prnewswire.com/news-releases/mplx-lp-2021-k-3-tax-packages-now-available-on-company-website-301622979.html

SOURCE MPLX LP

FAQ

What is MPLX's Schedule K-3 tax package?

The Schedule K-3 provides information of international tax relevance for certain investors, particularly helpful for foreign unitholders.

Where can I find MPLX's Schedule K-3 for 2021?

The 2021 Schedule K-3 is available on MPLX's website under the Tax Reporting Package link.

Will MPLX mail the 2021 K-3 tax package to investors?

No, MPLX will not be mailing K-3 tax packages; investors must access them online.

Who needs the Schedule K-3 from MPLX?

Primarily foreign unitholders, those computing foreign tax credits, and certain corporate or partnership unitholders may need it.

What should investors do if they need a copy of the K-3?

Investors can call MPLX at 1-800-232-0011 to receive an electronic copy via email.