Severance taxes and ad valorem tax paid to wv ,can they be claimed online 16 of schedule e? Can depletion be claimed at 15% like I do for vertical wells? Also under other expenses ,line 19 can I claim any other deductions like transportation? I know I need to consult a tax expert but a general feel about these issues would be helpful.
1 Like
FOLLOWING…travel should be fine to deduct.
This topic was automatically closed after 90 days. New replies are no longer allowed.