# Inherited minerals/tax question

**URL:** https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105
**Category:** General Mineral Rights Discussion
**Created:** [August 31, 2017, 2:10pm UTC](https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105 "2017-08-31T14:10:28Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Jones](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/6de8d8/32.png) [@Jones](https://www.mineralrightsforum.com/u/Jones)
#### Post date: [August 31, 2017, 2:10pm UTC](https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105/1 "2017-08-31T14:10:28Z")

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I inherited about 2 acres of mineral rights within the last year. I was wondering if I sold the minerals…if it would be considered as income if I sold them since it was an inheritance? Any ideas where to find out this information?

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### Author: ![James\_Marrow](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_marrow/32/14142_2.png) [@James\_Marrow](https://www.mineralrightsforum.com/u/James_Marrow)
#### Post date: [August 31, 2017, 7:46pm UTC](https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105/2 "2017-08-31T19:46:19Z")

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An inheritance simply shifts the original owner’s basis to you, so if the minerals were valued at $100 at DOD, your basis would be 100. If you sell for $200, you have a capital gain, and long or short depending on the time the original owner had held them.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:22pm UTC](https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105/3 "2025-01-11T19:22:41Z")

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