What is the form used for? :
- Claim your deduction for depreciation and amortization.
- Make the election under section 179 to expense certain property.
- Provide information on the business/investment use of automobiles and other listed property.
Is the form Supported in our program? Yes
How to access the form: To access the form you will need to open a 1040/Business return on the desktop and then go to Add Form/Display then in the look for box type 4562.
Limits to the form: The business variant of this form can only be accessed from the desktop software. This form can be copied.
IRS Publication: https://www.irs.gov/forms-pubs/about-form-4562