You'll need to sign in or create an account to connect with an expert.
Yes. You have to complete the Asset entry screen and the Form 4562, Depreciation and Amortization will be generated by the software.
See this TurboTax support FAQ for form 4562 - https://ttlc.intuit.com/turbotax-support/en-us/help-article/small-business-processes/enter-form-4562...
note that will be no 4562 in a year in which you had no additions to the depreciable assets.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
DANETTE ELLIS
New Member
reneebenmeleh
New Member
CannonFodder72
New Member
akajc1991
New Member
dfarrey54
New Member
in Education