Investors & landlords


@Mike9241 wrote:

the IRS does not require form 4562 unless there's an addition to depreciable assets for that year. most software packages follow this. 


Exactly. However, some TurboTax users (at least one) assume that merely because "Form 4562" appears somewhere on the document that it is a form that is filed every year a depreciation deduction is taken, regardless.