Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
- Intuit Accountants Community
- :
- ProSeries Tax
- :
- ProSeries Tax Idea Exchange
- :
- how do I enter depletion from a k-1 into a trust return
Options
- Mark as New
- Mark as Read
- Bookmark
- Subscribe
- Printer Friendly Page
- Report Inappropriate Content
how do I enter depletion from a k-1 into a trust return
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
how do I enter depletion from a k-1 into a trust return
how do I enter depletion from a k-1 into a trust return
Submitted by HoffyCPA on 03-15-2023 05:39 PMI'm working on a trust that receives a K-1 from and oil & gas partnership. The software tells me that IDC and depletion are not supported and must be directly entered on the form. When I directly enter the information on Sch E, I get diagnostics telling me not to do this. Any thoughts where this should be entered? It does not go on Sch E page 1 as it is not royalty income.
Find more ideas labeled with
Post comment
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.