Cost Depletion Calculator
(equals total paid plus commissions)
Note: Leave blank if you still own this block of units
What is this for?
This calculator will figure out the depletion amount based off your information.
What is the definition of "cost basis"?
The cost basis is the total purchase price plus any commissions paid.
Can you tell me what the cost basis for my units is?
No. Since we don't maintain any Unitholder records, you should consult your broker or reivew your files for that information.
I purchased more than one block of units. Can I input the basis for all those units at one time?
No. You will need to calculate the delpetion for each block of untis purchased separately.
I sold my units in one year but the results show the previous year as the last year owned. Why?
You sold your units before the first record date of that particular year; therefore you only owned the units through the previous year.
Note: For answers to other questions relating to the Trust in general and income tax questions, please go to the Home page.
Disclaimer: The information contained in this section of our website is concise and is intended to only be a summary. Therefore, any information provided may not be complete. Unitholders are encouraged to read the Trust Agreement which is the document that describes the rights of Unitholders. Also, in the event of a conflict between anything described on our website and the terms of the Trust Agreement, the Trust Agreement shall control. Furthermore, the federal, state and local tax consequences, and associated tax filing responsibilities, to a Unitholder of the ownership and sale of Units is dependent in part on each Unitholder’s specific tax circumstances; therefore, Unitholders should consult their own tax advisors regarding all tax issues concerning the ownership and sale of Units. The Trust exercises thorough effort to ensure the accuracy of the content of this website, but makes no warranties as to the site’s accuracy or completeness and shall in no way be responsible for any loss or damages resulting from inaccuracies in information or any alterations made by third parties.