https://ttlc.intuit.com/community/taxes/discussion/gas-royalties/01/2651308#M950303 <P>gas royalties from K-1 have net income but TT desktop treats all related depletion as passive instead of portfolio</P> Mon, 09 Mar 2026 11:56:07 GMT grammiepolly 2026-03-09T11:56:07Z https://ttlc.intuit.com/community/taxes/discussion/gas-royalties/01/2651308#M950303 <P>gas royalties from K-1 have net income but TT desktop treats all related depletion as passive instead of portfolio</P> Mon, 09 Mar 2026 11:56:07 GMT https://ttlc.intuit.com/community/taxes/discussion/gas-royalties/01/2651308#M950303 grammiepolly 2026-03-09T11:56:07Z https://ttlc.intuit.com/community/taxes/discussion/re-gas-royalties/01/2659620#M954660 <P>If you are a limited partner on the K-1 and not a general partner then your deductions are passive.</P> <P>&nbsp;</P> <P>Look here for more information.</P> Wed, 06 Apr 2022 21:42:47 GMT https://ttlc.intuit.com/community/taxes/discussion/re-gas-royalties/01/2659620#M954660 RobertB4444 2022-04-06T21:42:47Z