lrhenry04
Level 3

My clients also get a 1099-Misc for Royalties which goes on Sch E with depletion as a deduction.

They could also be eligible for a refund of the Severance tax. This requires a separate tax return- Not in ProSeries.

https://www.colorado.gov/pacific/sites/default/files/DR0021Book_2019.pdf

You will need pages 5, 6, & 9.

 

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