sheila Posted October 5, 2016 Report Share Posted October 5, 2016 2015 was the first tax season for me to use ATX (because of a job change) & after using Lacerte and ProSystem fx it was a nightmare! One of the largest struggles was oil/gas working interests. In the other programs I could enter income/expenses/depreciable assets for each well and the program would calculate depletion limitations/carryovers . I don't see any way to do this in ATX so used excel spreadsheets and then transferred totals into ATX. How do you handle oil/gas working interests? How do you keep track of depletion carry overs etc? any help is appreciated! Quote Link to comment Share on other sites More sharing options...
sheila Posted October 14, 2016 Author Report Share Posted October 14, 2016 So no one here works with oil & gas clients? Quote Link to comment Share on other sites More sharing options...
SaraEA Posted October 15, 2016 Report Share Posted October 15, 2016 All our oil and gas clients are in PTPs, which have their own set of nightmare rules. 2 Quote Link to comment Share on other sites More sharing options...
Lion EA Posted October 15, 2016 Report Share Posted October 15, 2016 Mine too. And, I don't use ATX anymore. Last working interests I had, outside of PTPs, were a decade ago at H&R Block Premium on their proprietary software. But, our posts will keep your thread up top... 1 Quote Link to comment Share on other sites More sharing options...
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