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New Member
posted Aug 7, 2022 9:53:59 AM

Does Turbo Tax create and complete From4562

0 2 581
2 Replies
Level 15
Aug 7, 2022 9:58:33 AM

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/L1TTiiMll_US_en_US?uid=l6jkinpe

Level 15
Aug 7, 2022 11:24:09 AM

note that will be no 4562 in a year in which you had no additions to the depreciable assets.