CCH Axcess Tax

Depletion Number

The "Depletion Number" is used to carry the depreciation and/or amortization expense from assets to an assigned depletion property. Enter the same property number as entered on the Rent and Royalty worksheet, Depletion (Simplified) section in the "Property and Cost Depletion" section for each asset associated with the particular property. There is no limit to the number of depreciable assets which can be entered for a depletion property (except for the maximum of 65,534 assets per return). Please refer to the Depletion instruction guide for additional information.

Default: If "Depletion Number" is blank, the depreciation or amortization is included with other overhead expenses on the depletion statement.