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.
4562 - Depreciation and Amortization