Page 116 - Other Income for Individuals
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Royalties









                                                                04                 Coal and Iron Ore





                                                                                    Under certain circumstances,
                                                                                        you can treat amounts you

                                                                                        receive from the disposal of coal
                                                                                        and iron ore as payments from

                                                                                        the sale of a capital asset, rather
                                                                                        than as royalty income.
                                                                                    For information about gain or

                                                                                        loss from the sale of coal and
                                                                                        iron ore, see chapter 2 of Pub.

                                                                                        544.

















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