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I am doing our tax returns and doing the 1099-MIC from Cheaha Land Services for rent in box 1 of the 1099 form. The TAX CUT has listing for home rental etc but nothing for mineral rights reasons. Should this be in Royalties and not rental? How is this explained to the Feds that we live in our OWN home with rented gas rights to LLC?
Thanks for any information(s) and happy filing y'all! |
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Any idea when the balance agreed upon (into the street) is going to be disbursed? Or when they are going to build "the wall" or if any of this is even going to happen? |
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Most liking nothing is going to happen...natural gas prices are down....alot of companies are backing down...not adding new leases/building new wells...etc...hard economic times...blah blah blah.... |
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HMMMM!!! BLAH, BLAH, BLAH...EXACTLY WHAT YOU ALL WERE GIVING ME SO MUCH SHIT ABOUT A YEAR AGO!!! |
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