Coleen3
Intuit Alumni

Business & farm

NO, the way it is entering the information is fine. Part III of the form has you bring the amount to page 1 of  4797 and then combine with other amounts and then:

"Enter here and on Form 1040, line 14 1040"

It still will not go to Form 4562. See the link for the actual form below.

<a rel="nofollow" target="_blank" href="https://www.irs.gov/pub/irs-pdf/f4797.pdf">https://www.irs.gov/pub/irs-pdf/f4797.pdf</a>