PhoebeRoberts
Level 11
Level 11

You've determined that the appropriate treatment is to calculate depletion at the partner level, and that statutory (percentage) depletion at 5% without regard to basis is appropriate? I'd just use Screen 30 or 31 to memo the tentative depletion deduction. 

The K-1 export is not going to do the depletion calculation at the 1040 level automatically, regardless of your 1065 input.