Enter marginal oil production percentage depletion rate

Follow these steps to enter the marginal oil production percentage depletion rate.
  1. Select
    Setup
    ,
    1041 Fiduciary
    , then the
    Federal
    tab.
  2. Select
    Other Return Options
    in the Additional information section.
  3. Enter a rate in the
    Depletion: Marginal oil production percentage depletion rate
    field on the
    Other
    tab.
    note
    If you don't enter a rate in this field, the current IRS value for the depletion rate for oil and gas properties is the default.

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