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Steve_1
New Member

Intangible Drilling Cost Current Year Calculation

Current year amortization amount error prevents me from e-filing.  Seems to be an error in your software.  If I have a 5 year amortization of $60k that corresponds to an IDC current year deduction of $12k.  Your software check says the Amortization Amount must be $12k in the error check which will not let me e-file.

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Steve_1
New Member

Intangible Drilling Cost Current Year Calculation

Error Corrected!  User entered current year deduction on IDC K-1 question instead of full amortization amount.  E-filed correctly without issue.

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