Tax and Gas Lease Payments? - The Outdoor Community
LinkBack Thread Tools
post #1 of 3 (permalink) Old 01-10-2010, 10:46 PM Thread Starter
Frequent Contributor
Join Date: Aug 2008
Location: NEPA.
Posts: 806
Back To Top
Tax and Gas Lease Payments?

What type of tax can you expect to pay on the gas lease payment?Capital gains at 15%??What about the royalty?Thank You!
stormcrow is offline  
Sponsored Links
post #2 of 3 (permalink) Old 01-10-2010, 11:04 PM
Join Date: Jul 2006
Posts: 24,473
Back To Top
Re: Tax and Gas Lease Payments?

income tax. Whatever your tax rate. Start around 30%

wmu 3A
timberdoodle is online now  
post #3 of 3 (permalink) Old 01-10-2010, 11:27 PM
Diehard Outdoorsman
tundragriz's Avatar
Join Date: Nov 2008
Location: Montrose, Pa.
Posts: 3,035
Back To Top
Re: Tax and Gas Lease Payments?

It's short term investment income, whatever tax bracket that puts you into.

Stand up and be counted, join an outdoor sports organization
Life NRA,Life PTA,Annual SCI
tundragriz is online now  

Quick Reply

Register Now

In order to be able to post messages on the The Outdoor Community forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page

Posting Rules  
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

For the best viewing experience please update your browser to Google Chrome