Again WHY do we have to pay taxes on the gas and timber????? It is not an earned income, it already belongs to me??? Government already gets enough of my EARNED INCOME!!!!! an then some
It is earned income because (I assume) you own the land and the money you receive for that is taxible. It is just like interest income, stock dividends, rental property income. Welcome to the tax world of additional income.
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Again WHY do we have to pay taxes on the gas and timber????? It is not an earned income, it already belongs to me??? Government already gets enough of my EARNED INCOME!!!!! an then some
It is earned income because (I assume) you own the land and the money you receive for that is taxible. It is just like interest income, stock dividends, rental property income. Welcome to the tax world of additional income.
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