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Where do I claim royalties on computer software like video
Where do I claim royalties on computer software like video games? My accountant generally puts that on a Schedule C. One company sent me a 1099-MISC, but another company did not. I notice if I put it … read more
Robin D.
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My husband died in 2011. Last year I received a 1099 Misc
My husband died in 2011. Last year I received a 1099 Misc for Oil & Gas royalties. When I couldn't get anyone at oil company to answer my questions when filing my 2014 taxes, I just sent in an extensi… read more
Stephen G.
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If I have a lease payment from an Oil Company that has been
If I have a lease payment from an Oil Company that has been marked as rent income on a 1099-MISC where should I report this income? Currently I am using TurboTax and when I completed the 1099 Misc wor… read more
Lane
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I received a form 1099-MISC from Western Land Services for
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Richard
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I am asking about any special forms I should fill out
I am asking about any special forms I should fill out for a single oil well I have invested in. Several years ago I invested $50,000 in an oil well. It produced oil and natural gas for several years, … read more
Lev
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Received a form 1099- MISC with amount in box 1. Income was
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Lane
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I received a 1099 misc line 2 royaties is 15% allowed for depletion
I received a 1099 misc line 2 royaties is 15% allowed for depletion and received another 1099 misc line 1 that says rent same company I am assuming its royalties also. also on the 1099 line 2 royaltie… read more
Robin D.
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I seem to be the "talking piece" for anybody around here with
I seem to be the "talking piece" for anybody around here with a problem (who doesn't have internet access nor tech-interest), first it was Amish neighbors, then the parent of a felon, an antique vehic… read more
Jax Tax
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I acquired a mineral interest by inheritance, and subsequently
I acquired a mineral interest by inheritance, and subsequently in 2010, I entered into an oil and gas lease (regarding the inherited interest) pursuant to which, among other things, I retained a royal… read more
USTaxAdvising
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Hi my name is Maggie Bryant, I own property in Texas. In 2008
Hi my name isXXXXX own property in Texas. In 2008 I received a lease bonus for an oil and gas lease in the amount of $65,072.00, on the 1099 the oil company checked box c other inome. According to IRS… read more
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I just received your follow up email and thought I would also
I just received your follow up email and thought I would also follow up with further info that I have found in my own research regarding the question I had posed to this service on how to claim and/or… read more
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I inherited mineral rights in Texas a few years back. In 2009
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I have received money from a gas company to lease mineral rights
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does depletion allowance in oil and gas production apply to
does depletion allowance in oil and gas production apply to royalty owners or just working interest owners… read more
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I am filling out Sch C for Business Profit & Loss, on Working
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I have a farm that I leased to a gas company and I just ...
I have a farm that I leased to a gas company and I just recieved the lease check. Can you tell me how these monies will be taxed and if I need to pay either the state or the federal government now or … read more
jgordosea
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I have a farm that I leased to a gas company and I just ...
I have a farm that I leased to a gas company and I just recieved the lease check. Can you tell me how these monies will be taxed and if I need to pay either the state or the federal government now or … read more
Marvin,EA
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Oil and Gas Exploration Company paid a one time ...
Oil and Gas Exploration Company paid a one time Rent payment for a three year lease to explore for Oil and Gas on Land which I own in conjunction with 6 other people. Is this income that needs to be r… read more
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