Question
Critical Diagnostic - Depletion Overstated
Partnership #4: This partnership has entries for depletion and tax preference items related to oil and gas, but also has properties tied to it . The properties in the Oil and Gas screen already account for the depletion and the oil and gas preference items related to the Partnership. You should remove the depletion and tax preference inputs from the Partnership or the depletion expense may be overstated.
When I click on the Input View Screen there is no amount on (20T) Cost Depletion.
