Where do i enter depletion for oil and gas royalties on ProSeries Basic Edition 2018 ?

[graves59]

I am using the proseries basic edition software, but can use the professional, too, if needed. Is there a place on the basic to do this? Thx!!!

[poolcleaner · Accepted solution]

In the professional version, there is a line on the worksheet where you enter the depletion  You have to make the entry manually since the program does not calculate the 15% for you. I started trying to get that calculated automatically 30 years ago with no success.

[graves59]

Thank you!

[poolcleaner]

@graves59  It is line 18b in ProSeries Professional.