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Discussions Replied To (3) | Replies | Latest Activity |
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"Sorry to say depletion allowance is not availabe for the lease bonus. It is taxed as…"Steve Bacle N3 replied Aug 7, 2008 to TAXES ON LEASE BONUS-41% |
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Oct 6, 2008 Reply by mooncookie |
"Cassie, Sorry to scare you. Your tax will be 10%. You will get a 1099 in January.…"Steve Bacle N3 replied Aug 7, 2008 to TAXES ON LEASE BONUS-41% |
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Oct 6, 2008 Reply by mooncookie |
"Cassie, If your taxable income is over $357,700 your Federal tax bracket is 35%. Lo…"Steve Bacle N3 replied Aug 7, 2008 to TAXES ON LEASE BONUS-41% |
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Oct 6, 2008 Reply by mooncookie |
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AboutAs exciting as this is, we know that we have a responsibility to do this thing correctly. After all, we want the farm to remain a place where the family can gather for another 80 years and beyond. This site was born out of these desires. Before we started this site, googling "shale' brought up little information. Certainly nothing that was useful as we negotiated a lease. Read More |
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