You’re right - under IRC §263(c), intangible drilling costs (IDCs) for a general partner are usually treated as active losses, not passive. TurboTax has a history of defaulting them to passive, which is a known limitation. The fix is to override the K-1 entry so the IDC shows as a non-passive loss on Schedule E (Part II, column H). Unfortunately, you can’t do that in the online version - you’ll need TurboTax Desktop (Forms mode) or a tax pro to reclassify it correctly.
IDC gives you a big upfront tax break, and with Fieldvest you can find vetted operators so you’re not guessing who to invest with.
