I take a 15% federal depletion deduction against my PA natural gas royalty. TurboTax improperly, I believe, carries this deduction over to my PA return. Glitch?
I take a 15% federal depletion deduction against my PA natural gas royalty. TurboTax improperly, I believe, carries this deduction over to my PA return. Glitch?
Right. I made the Schedule E adjustment, but needed to delete the 15% depletion amount from the federal entry in order for the Schedule E deletion to take. So I will need to remember to put the 15% federal amount back after I print the Pennsylvania return.