income tax depletion

Ask

Answer

Help



At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to: Get free answers from experts in any of our 300+ topics. Accept money for answers that you provide. Communicate privately with other members (PM). See fewer ads. Sign Up!

» income tax depletion

Answer this Question Ask about Taxes

Search this Question

Question

#1

Old

Nov 9, 2007, 09:03 AM

New Member

BAR833 is offline

Join Date: Nov 2007

Posts: 2

income tax depletion

how do you deplete land when you are digging a lake?

Reply With Quote

Answers

Nov 9, 2007, 12:19 PM	#2

AtlantaTaxExpert Tax Expert Join Date: Feb 2005 Location: Atlanta, Georgia Posts: 9,873	Depletion allowances do not apply to land! It applies to the resources UNDER the land, like oil or gold.

Answer this Question Ask about Taxes

« Previous Question | Next Question »

Question Tools	Search this Question
Show Printable Version Email this Page	Search this Question: Advanced Search
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Similar Sponsors

Similar Questions
Question	Asker	Topic	Answers	Last Post
Income Tax	jadran	Accounting	0	Oct 13, 2007 04:38 PM
Estate Tax, Trust Co Tax, Affect on Income bracket	Napoleon	Taxes	1	Jun 29, 2007 04:02 PM
income tax treatment of sales tax on improvement to rental property	achakerian	Taxes	3	Mar 18, 2007 09:31 PM
Income Tax on Social Security & Interest Income	queenofgreen	Taxes	1	Jan 15, 2007 01:27 PM
income tax	santwana	Taxes	1	Oct 30, 2006 05:18 PM

Content Relevant URLs by vBSEO 3.0.0 RC6 © 2006, Crawlability, Inc.