Reporting partnership K-1 oil and gas depletion in ProConnect Tax for Schedule E

Follow these steps to enter oil and gas depletion:

1. From the Input Return tab, go to Income ⮕ Passthrough K-1's.
2. Select the applicable Passthrough K-1 from the drop down. 
3. Select the Lines 11-20 (1065), Lines 11-17 (1120S), or Lines 9-14 (1041) tab at the top of the screen.
4. Scroll down to the Oil & Gas section. 
5. Enter the depletion associated with the activity.
6. Enter 1 in 1 = report depletion on Schedule E, page 1 (royalty).