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Form 4562
March 15, 2021
1:32 PM
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Business & farm
What is your question regarding Form 4562? Not sure if your question was cut-off or you did not include one. The form is available for federal returns at this time. Use Form 4562 to:
- Claim your deduction for depreciation and amortization.
- Make the election under section 179 to expense certain property.
- Provide information on the business/investment use of automobiles and other listed property.
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March 15, 2021
1:44 PM
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Business & farm
Yes, I am sorry. It seems I am having trouble with this site. I am working on form 4562 and had someone helping me with the form. Last year I entered 132,916 in line 2 and not sure where I got that number from. I have a small home business and I purchased 2 vehicles last year. Can you help me out with this form?
March 15, 2021
2:05 PM