• Spread out income vs lump payment

    From Fred J. Tydeman@21:1/5 to All on Mon Nov 21 11:15:46 2022
    I have some land that has trees on it.
    Someone is going to "lease" the land for the carbon credits.
    They want to pay for 10 years usage in the first year.
    Is there a way to treat that one payment as 10 yearly payments,
    instead of one large payment?
    Or, am I stuck with one large tax bill?
    ---
    Fred J. Tydeman Tydeman Consulting
    tydeman@tybor.com Testing, numerics, programming
    +1 (702) 608-6093 Vice-chair of PL22.11 (ANSI "C")
    Sample C99+FPCE tests: http://www.tybor.com
    Savers sleep well, investors eat well, spenders work forever.

    --
    << ------------------------------------------------------- >>
    << The foregoing was not intended or written to be used, >>
    << nor can it used, for the purpose of avoiding penalties >>
    << that may be imposed upon the taxpayer. >>
    << >>
    << The Charter and the Guidelines for submitting posts >>
    << to this newsgroup as well as our anti-spamming policy >>
    << are at www.asktax.org. >>
    << Copyright (2011) - All rights reserved. >>
    << ------------------------------------------------------- >>

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)