# Claiming royalties

**URL:** https://www.mineralrightsforum.com/t/claiming-royalties/65078
**Category:** Accounting and Taxes
**Created:** [February 19, 2022, 11:44pm UTC](https://www.mineralrightsforum.com/t/claiming-royalties/65078 "2022-02-19T23:44:17Z")
**Posts on this page:** 3
**Page:** 1

<div class="post-metadata">

### Author: ![Annie1596](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/a3d4f5/32.png) [@Annie1596](https://www.mineralrightsforum.com/u/Annie1596)
#### Post date: [February 19, 2022, 11:44pm UTC](https://www.mineralrightsforum.com/t/claiming-royalties/65078/1 "2022-02-19T23:44:18Z")

</div>

I have a few 1099s for royalties below $20 and a couple even as low as a few cents. My accountant charges well over their worth to list and claim them on my taxes. I have always claimed them but wondering if it is legal to not claim ones that are below a certain amount.

---

<div class="post-metadata">

### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [February 20, 2022, 1:50am UTC](https://www.mineralrightsforum.com/t/claiming-royalties/65078/2 "2022-02-20T01:50:35Z")

</div>

Always claim income. That’s the law.

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [May 20, 2022, 11:44pm UTC](https://www.mineralrightsforum.com/t/claiming-royalties/65078/3 "2022-05-20T23:44:44Z")

</div>

This topic was automatically closed after 90 days. New replies are no longer allowed.