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On Oct. 13, two days before the final 2014 tax-filing deadline, investor Steve Goldston of Phoenix received a surprise tax bill for $24,321. It was for units of a master limited partnership affiliated with Kinder Morgan Inc. that Mr. Goldston held in his Roth individual retirement account. The total included nearly $6,000 of late-filing penalties and interest.
Regards,
Ted
https://www.google.com/#q=Thousands+Hit+With+Surprise+Tax+Bill+on+Income+in+IRAs+