View Single Post
Old 04-15-2024, 12:28 PM   #7
Boog
laying low
 
Boog's Avatar
 
Join Date: Mar 2001
Location: Searcy, Ark. USA
Posts: 12,995
Re: Those dreaded words

I had a driver who owned a large bit of personal acreage and when the gas drillers came through poking all those gas wells, he came into a sizeable pile of cash over a year or two. At tax filing time he said he was penalised and even scolded for not paying in estimated taxes during the year. Now how was he supposed to know how much to expect he'd be receiving and if he was supposed to do so? Tax bidnezz can be tricky.
I've got two gas wells right across the road from me and we've received about enough to dine out somewhere. They capped one off (struck oil we're told) and never pumped any gas out of the other one. My luck.
__________________
Boog
69 Chevy stepside, 358/T350, 4.11 posi, 4.5/4 drop, rallys, poboy driver
primer is finer
91 Chevy sportside, Tahoe, Yukon & GMC Crewcab All GM..'nuff said.

I stand for the flag and kneel at the cross
Boog is offline   Reply With Quote