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How do I depreciate equipment purchased in 2023 on form 4562? I have an LLC (sole proprietor).
I purchased 2 cameras for my YouTube channel in 2023, and I want to depreciate them over 5 years. I am working on my 2024 taxes. Not sure how to fill out form 4562 because it looks like all equipment must be purchased in 2024.
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‎September 15, 2025
11:25 AM