turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

salnikerp
New Member

My energy K1, Box 13, has code W figure - "Cost Depletion." However, no option for this is offered in "type of detail" boxes. Thoughts? Misc Deduct? 754 Depr? ? ?? Thx!

 
1 Best answer

Accepted Solutions
PatriciaV
Expert Alumni

My energy K1, Box 13, has code W figure - "Cost Depletion." However, no option for this is offered in "type of detail" boxes. Thoughts? Misc Deduct? 754 Depr? ? ?? Thx!

Schedule K-1 Box 13 Code W for Cost Depletion would be entered under the final option "I have another description" (see screenshot below - click to enlarge).

Note the information in the blue link "Learn More" with regard to possibly entering this information again elsewhere on your return. The instructions that came with Schedule K-1 should provide more help on this matter.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

1 Reply
PatriciaV
Expert Alumni

My energy K1, Box 13, has code W figure - "Cost Depletion." However, no option for this is offered in "type of detail" boxes. Thoughts? Misc Deduct? 754 Depr? ? ?? Thx!

Schedule K-1 Box 13 Code W for Cost Depletion would be entered under the final option "I have another description" (see screenshot below - click to enlarge).

Note the information in the blue link "Learn More" with regard to possibly entering this information again elsewhere on your return. The instructions that came with Schedule K-1 should provide more help on this matter.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v