You will see the following warning message on the ERRORS page in H&R Block’s 2016 tax software if, while completing form T1229: Statement of exploration and development expenses and depletion allowance, you reported amounts relating to resource expenses and/or depletion allowance:
Since you claimed resource expenses and depletion allowance (in the T1229 form), you might need to complete the Resource property and flow-through shares section on the Alternative minimum tax (T691) page to calculate whether you have to pay minimum tax. [Warning]
How do I fix this?
To clear the warning message, enter your information into the Resource property and flow-through shares section of form T691: Alternative minimum tax to determine whether or not you are required to pay minimum tax. You can locate form T691 on the PREPARE tab under the OTHER icon.
