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how do i figure the tax on money received from a gas lease contract?

2007-04-14 11:20:34 · 1 answers · asked by skeeter 1 in Business & Finance ➔ Taxes ➔ United States

1 answers

It probably shows on a 1099-misc as royalties. It goes on schedule E as royalties.

2007-04-14 13:58:57 · answer #1 · answered by Judy 7 · 0⤊ 0⤋

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