Page 115 - Other Income for Individuals
P. 115

Royalties









                                                                03                 Depletion





                                                                                    If you’re the owner of an
                                                                                        economic interest in mineral

                                                                                        deposits or oil and gas wells, you
                                                                                        can recover your investment

                                                                                        through the depletion
                                                                                        allowance.
                                                                                    For information on this subject,

                                                                                        see chapter 9 of Pub. 535.






















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