Taxes (unpopular post I'm sure!)
Hi all -
This has been very informative, and I thank you all for your insights, information and scuttlebutt. I have a question, esp. aimed towards any cpas or tax lawyers out there. Is bonus income taxed as capital gains or straight income? There is a huge difference, of course. I believe we will receive a 1099 from the company, but I'm not sure. I have not received a 1099 from a company before, but this bonus is much larger than anything we've had in the past :-)
Thanks for any info and enjoy the Fourth -
Halifax
This has been very informative, and I thank you all for your insights, information and scuttlebutt. I have a question, esp. aimed towards any cpas or tax lawyers out there. Is bonus income taxed as capital gains or straight income? There is a huge difference, of course. I believe we will receive a 1099 from the company, but I'm not sure. I have not received a 1099 from a company before, but this bonus is much larger than anything we've had in the past :-)
Thanks for any info and enjoy the Fourth -
Halifax
Tags: bonus, haynesville, tax, taxes
Views: 219
Support GoHaynesvilleShale.com
Top Content
Blog Posts
The Lithium Connection to Shale Drilling
Shale drilling and lithium extraction are seemingly distinct activities, but there is a growing connection between the two as the world moves towards cleaner energy solutions. While shale drilling primarily targets…
ContinuePosted by Keith Mauck (Site Publisher) on November 20, 2024 at 12:40
Not a member? Get our email.
Groups
-
San Augustine, TX
386 members
-
Miller County, Arkansas
27 members
-
Sabine Parish, LA
455 members
-
South Caddo Parish Group
440 members
-
Natchitoches Parish
400 members
-
Bienville Parish, LA
244 members
-
Fayetteville Shale
149 members
-
North Caddo Parish
358 members
-
Central Texas Gas
63 members
-
Cass County, TX
119 members
© 2024 Created by Keith Mauck (Site Publisher).
Powered by
