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Business & farm
I agree that it is rather simple to fill in the values on the 4562 however I am waiting for the update because of the possibility of an entry relating to Section 179. That depends if any items could be considered an expense (typically relating the $2500). If you do have a Section 179 entry, then you may have to deal with other forms. I have flooring costs that typically would go on 4562 but are less than $2500 so I'll be waiting for the 179 guidance rather than discover I did something incorrect because I was too impatient to wait for the guidance that is still being developed.
It is frustrating that Intuit does not specify what changes are made.
Thursday