On rereading the instructions on the K-1 for an MLP I purchased in December, I see that I was supposed to file a small statement:
IRC SECTION 754 STATEMENT The taxpayer is a transferee partner in Enterprise Products Partners L.P. who has a special adjustment under Internal Revenue Code (IRC) Section 743(b) pursuant to the IRC Section 754 election made by Enterprise Products Partners L.P. The special basis adjustment was made in accordance with the rules provided in IRC Section 743 and 755 and the Regulations thereunder. Detailed information is available in the office of the General Partner upon request.
Since I didn't, what it the proper way to send this to the IRS and have it included with my return for 2010?
Thanks.