Solved: Reside in Colorado receive royalties from Texas.

Reside in Colorado receive royalties from Texas.

I live in Colorado but receive oil and gas royalty from Texas. Do I have to claim the income on Colorado tax filing? And, do I have to a Texas taxc filing?

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You would claim it on your CO return. Texas does not have a state income tax so you would not be able to claim it for TX.

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You would claim it on your CO return. Texas does not have a state income tax so you would not be able to claim it for TX.

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I'm receiving SS but did not reach full retirement age this year. I earned more than 15k on Royalties. I had production tax deductible expenses for the royalties. Will SS calculate what I owe based on the full amount or the amount after deductions?

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Reside in Colorado receive royalties from Texas.

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Reside in Colorado receive royalties from Texas.

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Reside in Colorado receive royalties from Texas.

Reside in Colorado receive royalties from Texas.

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