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Deductions & credits
When you say working interest, what does that mean. I have mineral royalties I receive each month from producing Natural Gas wells that a company runs and I don't consider them being held for investment. Does that mean they qualify for QBI. I own the mineral rights to the land and have leased the mineral rights to this company in return they give me royalties on the production of Natural Gas they produce and sell.
‎February 1, 2020
2:53 PM