# I live in KS but I am fixing to start receiving royalites. Need advice on taxes
**URL:** https://www.mineralrightsforum.com/t/i-live-in-ks-but-i-am-fixing-to-start-receiving-royalites-need-advice-on-taxes/27416
**Category:** General Mineral Rights Discussion
**Created:** [June 5, 2018, 5:32am UTC](https://www.mineralrightsforum.com/t/i-live-in-ks-but-i-am-fixing-to-start-receiving-royalites-need-advice-on-taxes/27416 "2018-06-05T05:32:16Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@Dan6](https://www.mineralrightsforum.com/u/Dan6)
#### Post date: [June 5, 2018, 5:32am UTC](https://www.mineralrightsforum.com/t/i-live-in-ks-but-i-am-fixing-to-start-receiving-royalites-need-advice-on-taxes/27416/1 "2018-06-05T05:32:16Z")
I am married and we have one income. I simply want to know how much I should plan to take out for taxes that way I don’t have to pay at the end of the year when I file my taxes. Depletion allowance I think is 15% tax free and tax the 85%? I do my own taxes but I’m wondering if it’s time to get a CPA.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:20pm UTC](https://www.mineralrightsforum.com/t/i-live-in-ks-but-i-am-fixing-to-start-receiving-royalites-need-advice-on-taxes/27416/2 "2025-01-11T19:20:20Z")