4562 - Depreciation and Amortization

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.

Solution Articles: 
Entering Depreciation
Form 4562: Depreciation not carried to Sch E
Sale of Multiple Depreciable Assets

IRS Publication: https://www.irs.gov/forms-pubs/about-form-4562