Start at the depreciation line on the form that you wish to carry to (for example: if you need the depreciation to carry to Schedule C, start at line 13 of Schedule C). A "link depreciation worksheet " button at the top of the form will link you to the asset worksheet.
On this line, link (F9) to a NEW 4562, Depreciation Page 1. On the new 4562, go to line 6a (description) and link to a new Depreciation Worksheet. Enter the item to be depreciated on the worksheet.
Complete a separate Depreciation Worksheet for each asset.
You can get additional information on completing the depreciation worksheet using F1 help.
This information applies to all years of the UltimateTax software.
Solution Articles:
4562 - Depreciation and Amortization
