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On screen 18, in the oil & gas section, 15% primary oil is selected and depletion is NOT calculating. No changes were made from 2021. Now I have to remove the depletion selection and put the expense as an 'other deduction' so if/when it's fixed, it won't duplicate.
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What does your depletion schedule say? Are you sure something like the 65% of net income limitation isn't kicking in?
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No. These are very small royalties, under $100.
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So what does the depletion schedule say? I'm trying to reproduce your problem - royalty depletion is working just fine for me, including on the return I prepared this morning.
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I reinstalled the software and all is working fine now. I had some other small issues & decided to 'refresh'. Thank you for the reply! Happy Tax Time!!