Do I pay taxes on MLP distributions?

I'm curious to know if I'm required to pay taxes on the distributions I receive from an MLP, or Master Limited Partnership. As an investor, I want to ensure I'm compliant with all relevant tax regulations. Can you provide some clarity on whether these distributions are taxable and, if so, what the tax implications might be? It would be helpful to understand the specifics of how these taxes are calculated and filed, as well as any potential deductions or exemptions that may apply.