hsbyun
Level 2
05-13-2021
09:31 AM
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It's a K-1 for a limited partnership investing in ... private equity oil & gas assets (so the fact pattern is that I see this 17F - Other AMT when I also see 17F - Excess IDCs). So per the other comment on this chain, there is very likely some structural complexity underneath -- ie the partnership is investing in some pass through entity into energy with some tax characteristic.