PaulaM
Employee Tax Expert

Deductions & credits

The 15% depletion allowance is automatically calculated in the Royalty section when you indicate that you have Oil & Gas Income. If your state allows additional depletion, it is often a manual calculation that is entered on the state return. @tpclark 

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