Attached files
| file | filename |
|---|---|
| EX-99.2 - Otter Tail Ag Enterprises, LLC | v168066_ex99-2.htm |
| 8-K - Otter Tail Ag Enterprises, LLC | v168066_8k.htm |
EXHIBIT 99.1
 |
24096
– 170th
Avenue
Fergus
Falls, MN 56537
Phone: 218
998-4301
Fax: 218
998-4302
ahicks@otaellc.com
www.ottertailethanol.com
|
December
3, 2009
Dear
Member
Otter
Tail Ag Enterprises, LLC will end their tax year on December 31,
2009. As a member you will receive a K-1 from OTAE in February
2010.
The
following is an estimate of K-1 information to be used for year-end tax planning
purposes only:
|
K-1 information per line – EXAMPLE:-
|
Per Unit
|
12,500 Units
|
||||||
|
Line
1 – Ordinary loss
|
$ | (0.7532 | ) | $ | (9,415.28 | ) | ||
|
Line
15 – Small Producers Tax Credit
|
$ | 0.06 | $ | 783.08 | ||||
If you
have questions on the deduct-ability of your loss, please contact your tax
advisor.
Use
this information for tax planning purposes only, the actual K-1 will be issued
to you later.
I
remain
Yours
Faithfully
Anthony J
Hicks
Chief
Executive Officer
Except
for historical information contained herein, the statements in this information
release are forward-looking and made pursuant to the safe harbor provisions of
the Private Securities Litigation Reform Act of 1995. Forward-looking statements
involve known and unknown risks and uncertainties which may cause the Company's
actual results in future periods to differ materially from forecasted results.
Those risks include our expectations regarding future costs and revenues and
consumer demand for ethanol. These and other risks are more fully described in
the Company's filings with the Securities and Exchange Commission. The
information contained in this release is accurate only as of the date issued.
Investors should not assume that the statements made in these documents remain
operative at a later time. Otter Tail Ag Enterprises, LLC undertakes
no obligation to update any information contained in this
release.