IRS specialist provides tax tips on reporting natural resource income

Jenny Jenkins, an IRS media relations specialist serving Ohio, West Virginia and Pennsylvania, recently posted IRS tips on reporting natural resource income for an online local news community known as the Twinsburg Patch. With links to tax forms, her post offers a straightforward overview of tax rules and requirements related to lease agreements; leases and lease bonuses; royalty payments; depletion deduction; and additional expenses.

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