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Investors & landlords
If the 1099 MISC has an amount in Box 3, then it is royalty income that will generate a Schedule E. You can claim the Production Tax as a Schedule E expense in your return. now is the state withholding tax remitted to Texas or North Dakota.Where is land where the mineral rights are located?
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ā€ˇFebruary 27, 2020
8:12 PM