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Level 2
March 15, 2021
Question

Form 4562

  • March 15, 2021
  • 2 replies
  • 16 views
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    2 replies

    DawnC
    Level 15
    March 15, 2021

    What is your question regarding Form 4562?   Not sure if your question was cut-off or you did not include one.   The form is available for federal returns at this time.   Use Form 4562 to:

     

    • 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.
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    Crbigler1Author
    Level 2
    March 15, 2021

    Yes, I am sorry. It seems I am having trouble with this site. I am working on form 4562 and had someone helping me with the form. Last year I entered 132,916 in line 2 and not sure where I got that number from. I have a small home business and I purchased 2 vehicles last year. Can you help me out with this form?