Hi @Nlubeck , you may get a 1099-S at the end of the year. This is to report the sale of the timber and you would claim this on your taxes. I am attaching a link to help you better understand the reporting of this on your taxes.
https://ttlc.intuit.com/turbotax-support/en-us/help-article/import-export-data-files/enter-income-ti...
Here is a website also that is recommended for a better understanding of the Timber tax.
https://www.timbertax.org/
Hope this helps!
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