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-   -   How does a gas lease affect my taxes? (https://www.askmehelpdesk.com/showthread.php?t=609930)

  • Nov 6, 2011, 11:21 AM
    WILDFLOWER57
    How does a gas lease affect my taxes?
    How does a gas lease affect my taxes... how is it declared in pa?
  • Nov 7, 2011, 03:38 PM
    AtlantaTaxExpert
    Gas lease payments are (I believe) treated a royalty payments, which are reported on Schedule E on the federal return.

    I believe that the Pennsylvania return also treats royalty payments on a PA version of Schedule e as well.

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