A company in PA paid me for my share of mineral rights that my ancestor purchased in 1910. Is this taxable as ordinary income or capital gains?
I received a deposit for the sale of our house in 2024 but closing will be in 2025. Do i have to report deposit in 2024 taxes? or wait until close?
I received an inheritance that is not taxable but was reported to the IRS via K-1. Do I report it HOw do I make sure it is not included as taxable incomei?