Include depletion from Schedule K-1 on Schedule E, page 1

Follow these steps to transfer the depletion to Schedule E, page 1.
  1. Go to the K1-6 screen in the 1120S folder.
  2. Mark the
    Include depletion on Schedule E, page 1 (royalties)
    checkbox.
    note
    Make sure to enter the depletion in the
    Depletion
    field.
important
The client needs to have royalties entered on the K1-2 screen to transfer the depletion to Schedule E, page 1.

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