I have no desire to give you my returns. But there is a bug in the West Virginia 2020 tax program. I imported my 2019 return filed created by 2019 TurboTax Home&Biz into 2020 TurboTax Home&Biz. The 2019 returns were correct, not in 2020. I have investment income. In 2019 I received a K-1, but not in 2020. A few years ago I inherited mineral rights to an oil well in WV. Annually I receive a 1099-MISC with royalties in box 2. I also have drilling costs and taxes on the well. Fed tax allows 15% depletion on royalties. Schedule E line 4 is royalties, line 16 taxes, line 18 depletion, line 19 "drilling expenses", and line 22 is the amount taxed (royalties minus the other three). In 2020 WV return, Schedule M, line 53 depletion is added back as "subject to [WV] state tax"! In addition line 25 of WV Schedule A contains the depletion amount and attributed to a K-1 from my 2019 return. The K-1 is from a totally different, unrelated company, in a different state, and not the one drilling. I was able to remove the error in the printed returns, but I am not certain what I did.
With the help of Bonnie, the [Turbo]Tax Expert I talked to, she found me the the link to the WV tax code <https://www.wvlegislature.gov/wvcode/Code.cfm?chap=11&art=13A>. Look at West Virginia Code §11-13A-2(c)(4): "Economic interest". It says depletion IS allowed for WV income tax. I was able to get the WV Tax Information and Assistance line at [phone number removed]. The representative said the same thing, I can take the depletion in WV tax.
When looking for numbers in pdf returns, federal has commas in numbers, WV does not.
