USA Compression Partners Announces 2023 K-1 Tax Package Availability

Rhea-AI Summary

USA Compression Partners, LP (NYSE: USAC) has released its 2023 tax packages, including Schedule K-1, online for unitholders. The company will begin mailing packages soon and provides support through Tax Package Support and its website. Changes in tax law pending H.R. 7024 enactment may require revised K-1s for 2023.

AUSTIN, Texas--(BUSINESS WIRE)-- USA Compression Partners, LP (NYSE: USAC) (“USA Compression”) today announced that its 2023 tax packages, including the Schedule K-1, are now available online and may be accessed at taxpackagesupport.com/usac. USA Compression will begin the process of mailing the 2023 tax packages to unitholders over the next week. Unitholders may also call Tax Package Support at 1-855-521-8151 or visit USA Compression’s website at usacompression.com in the Investor Relations section under K-1 Information.

Unitholders should be aware that the 2023 Schedule K-1 was prepared under current tax law which is subject to change pending the possible enactment of Tax Relief for American Families and Workers Act of 2024 (referred to as “H.R. 7024”). In its current form, this legislation includes changes in tax law which would be applied retroactively to the 2023 tax year and may require USA Compression to issue revised 2023 Schedule K-1s if it does so. If H.R. 7024 is enacted, USA Compression will issue a press release to update unitholders on the availability of revised 2023 Schedule K-1s.

About USA Compression Partners, LP

USA Compression Partners, LP is one of the nation’s largest independent providers of natural gas compression services in terms of total compression fleet horsepower. USA Compression partners with a broad customer base composed of producers, processors, gatherers, and transporters of natural gas and crude oil. USA Compression focuses on providing midstream natural gas compression services to infrastructure applications primarily in high-volume gathering systems, processing facilities, and transportation applications. More information is available at usacompression.com.

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USA Compression Partners, LP

Nelson Larkin, Tax Director

(512) 369-1604

tax@usacompression.com

Source: USA Compression Partners, LP

FAQ

Where can unitholders access USA Compression's 2023 tax packages?

Unitholders can access USA Compression's 2023 tax packages, including Schedule K-1, online at taxpackagesupport.com/usac.

How can unitholders contact Tax Package Support?

Unitholders can contact Tax Package Support at 1-855-521-8151 for assistance with the 2023 tax packages.

What changes in tax law are pending that may affect USA Compression's 2023 tax packages?

Changes in tax law pending the possible enactment of H.R. 7024 may require USA Compression to issue revised 2023 Schedule K-1s.

Where can unitholders find updates on revised 2023 Schedule K-1s if H.R. 7024 is enacted?

If H.R. 7024 is enacted, USA Compression will issue a press release to update unitholders on the availability of revised 2023 Schedule K-1s.