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BUZGRAHAM
New Member

IS OVERRIDING ROYALTY INCOME UNEARNED INCOME?

 
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2 Replies
SharonD007
Employee Tax Expert

IS OVERRIDING ROYALTY INCOME UNEARNED INCOME?

Royalty income can be earned income if it is the result of work being published; otherwise ‌it's considered unearned income.

 

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IS OVERRIDING ROYALTY INCOME UNEARNED INCOME?

oil and gas - nonworking interest  - then yes - unearned income.  

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