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Business & farm
These won't show up as separate line items on your 4562 but the 2020 amortization costs will show up on line 42. Line 43 will be a total of prior year's amortization costs that occurred before 2020. You don't need to do any special calculations. These will show up as separate line items in the depreciation report however.
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March 9, 2021
7:16 PM