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See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View Lacerte Hot Topics.
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- Re: CANNOT GET MY INC. LIMITATION FOR DEPLETION TO COMPUTE IN 2020 PSHIP. NEED TO KNOW WHY MY 15% OIL DEPLETION IS BEING SHOWN AS DISALLOWED.
CANNOT GET MY INC. LIMITATION FOR DEPLETION TO COMPUTE IN 2020 PSHIP. NEED TO KNOW WHY MY 15% OIL DEPLETION IS BEING SHOWN AS DISALLOWED.
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Benhaus
Level 2
02-12-2021
05:54 PM
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1 Comment 1
sjrcpa
Level 15
02-12-2021
06:10 PM
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Little income or loss?
Instead of being disallowed is it actually flowing through on the K-1s as a separately stated item?
No need to SHOUT.
The more I know, the more I don't know.
