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Oil Rights tax info

Posted on 1/16/13 at 1:55 pm
Posted by gsm1060
Tree stand
Member since Dec 2009
683 posts
Posted on 1/16/13 at 1:55 pm
I was hoping for any help or tips that I might need to know ahead of my first check.
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8487 posts
Posted on 1/16/13 at 8:36 pm to
I have heard that bonus/royalties are taxed at 41%

I'm in the business but don't own any minerals/royalties.
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