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Natural Gas Royalties

Bob H
Level 2

I'm trying to enter natural gas royalties for a partnership. When I enter as schedule k, line 7, I get an error message that Pennsylvania requires a schedule E to efile. I don't know how to link the Oil and Gas input sheet to schedule E. Any help is greatly appreciated. I've converted from Proseries to Proconnect and struggling.

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Accepted Solutions
George4Tacks
Level 15

1 Set up the "rental"  https://accountants.intuit.com/support/en-us/help-article/form-1099-misc/common-questions-entering-r...

2 Set up the "OIL AND GAS" as a "set" then Link the Oil & Gas "Property" with a link to the rental

https://accountants.intuit.com/support/en-us/help-article/business-tax-credits-deductions/entering-o...

Phew! Very convoluted but if you have a problem call support to walk you through it.


Answers are easy. Questions are hard!

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2 Comments 2
IRonMaN
Level 15

Instead of linking, you can’t just enter the info directly on schedule E?


Slava Ukraini!
George4Tacks
Level 15

1 Set up the "rental"  https://accountants.intuit.com/support/en-us/help-article/form-1099-misc/common-questions-entering-r...

2 Set up the "OIL AND GAS" as a "set" then Link the Oil & Gas "Property" with a link to the rental

https://accountants.intuit.com/support/en-us/help-article/business-tax-credits-deductions/entering-o...

Phew! Very convoluted but if you have a problem call support to walk you through it.


Answers are easy. Questions are hard!