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What are the PA Taxes on Oil royalties.?

Asked by: sleff 1148 views YA Discussion

We are getting a small royalty on rental of our property for Gas exploration. What is the tax rate in PA for this type of payment? Is it treated as regular income?

1 Answers

  1. spicertax on Mar 14, 2013 Reply

    Flat rate of 3.07% treated as regular income.

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