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.