# Royalty rec'd, are state taxes paid for that year?

**URL:** https://www.mineralrightsforum.com/t/royalty-recd-are-state-taxes-paid-for-that-year/64456
**Category:** Accounting and Taxes
**Created:** [January 11, 2022, 8:04am UTC](https://www.mineralrightsforum.com/t/royalty-recd-are-state-taxes-paid-for-that-year/64456 "2022-01-11T08:04:19Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Ancel\_Smith](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ancel_smith/32/806_2.png) [@Ancel\_Smith](https://www.mineralrightsforum.com/u/Ancel_Smith)
#### Post date: [January 11, 2022, 8:04am UTC](https://www.mineralrightsforum.com/t/royalty-recd-are-state-taxes-paid-for-that-year/64456/1 "2022-01-11T08:04:19Z")

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Or is there a 2-year lag until taxes are owed? Counties wait 2 years I understand.

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### Author: ![TennisDaze](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/dbc845/32.png) [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze)
#### Post date: [January 11, 2022, 3:26pm UTC](https://www.mineralrightsforum.com/t/royalty-recd-are-state-taxes-paid-for-that-year/64456/2 "2022-01-11T15:26:18Z")

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States treat royalty income in same year as federal income, being the year received, for reporting on income tax returns.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [April 11, 2022, 8:05am UTC](https://www.mineralrightsforum.com/t/royalty-recd-are-state-taxes-paid-for-that-year/64456/3 "2022-04-11T08:05:17Z")

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