Where to enter Schedule C, Line 12 for Depletion

[Critter · Accepted solution]

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 ?

Or did you mean depreciation on line 13 ?  

[fawootton]

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.

[Critter]

Support is only really helpful with technical issues ... they are not tax preparers ... that is what this forum is better used for.