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13258: 1041 - Code H on K1 Line 12 for Depletion


K1 Entries

How do I get an AMT adjustment with code H for a depletion deduction on line 12 of Schedule K-1 on a 1041 return? I keep getting code G when I enter the amount on line 18 of the E screen.


Because there is more than one way to calculate depletion, Drake Software does not calculate depletion amounts. You must calculate depletion separately before data entry.

To get a code H (Depletion) alternative minimum tax adjustment on line 12 of the K-1, enter the amount on line 12h of screen WKK1.


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