Depletion will be an expenses in the common expenses section ONLY IF your business code you choose in the Business General Info section has depletion as a normal expense... what business code did you pick or what type of business do you have ?
Depletion will be an expenses in the common expenses section ONLY IF your business code you choose in the Business General Info section has depletion as a normal expense... what business code did you pick or what type of business do you have ?
Thank you so much. That was exactly the issue - the wrong code for Crude Extraction. The first TurboTax rep told me I had to delete my return and start over. The second just hung up on me. He acted like he didn't have a clue what Schedule C was. I have been using TaxAct for past years. switched to TurboTax because it was supposed to be easier. Not too happy with price or support or ease of use.
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