2014-11-132014-11-131974https://hdl.handle.net/10365/24291The author discusses tax considerations for those many who received payments in coal development areas for both mined and yet to be mined coal. Problems arose in reporting these payments in the determination of what deductions were allowed. Long-time capital gains, allowable deductions, depletion allowance, estate tax management, gifts and trusts are discussed. The complexity and importance of tax consequences associated with mineral interests strongly suggest the need for assistance from competent and experienced lawyers and tax planning professionals.North Dakota State UniversityArticle