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state income tax paid on royalty incom

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    state income tax paid on royalty incom

    1099 M shows state income tax withheld. Is that deductible on schedule E as tax paid(federal return)

    #2
    If it is state income tax and not severance tax (production tax) then it is deductible on Schedule A and a credit is applied against the state income tax return against the state income tax liability.

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