royalty trust cost basis adjustment

[silversun]

I sold all units of a royalty trust this year.

I am already familiar with the things that need to be entered on Schedule E - income, taxes, and expenses - and I have made those entries. But since I have never sold units of the trust before, I am confused about the "adjusted basis" information which the depletion calculator also provides me.

On the print out provided by the calculator, I see a total "adjusted basis" for every year that I owned the trust (2018-2022): these numbers appear next to the depletion amounts for the same years. 

The cost basis imported from my broker is my original basis, and so that is what I have in Turbotax right now. I would like to confirm: should I manually change my cost basis in Turbotax to the "adjusted basis" which the depletion calculator provides for 2022?

[DaveF1006]

The adjusted basis amount is the basis of the trust when you sold it. If the basis has changed from your original basis then you will need to manually change from the original basis to the basis amount(adjusted basis) when you sold the trust. This is because you may have taken distributions amounts during the time you owned the trust that would have reduced your original basis.