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user17745538282
Returning Member

Does GA require form 4562 when no assets are added to federal form 4562?

Can someone answer the following question:

Does GA require form 4562 when no new assets are added to federal form 4562 for current tax filling year?

No IRS form 4562 is generated, not clear from reading if GA requires to file GA form 4562 as TT does not give that option.

 

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3 Replies

Does GA require form 4562 when no assets are added to federal form 4562?

An IRS Form 4562 is never required to be included with the Georgia state income tax return.

user17745538282
Returning Member

Does GA require form 4562 when no assets are added to federal form 4562?

Yes, I understand that.  But GA has also a GA form 4562.  When there are no new assets to be reported on the federal form, does that also result in GA Form 4562 not needed to be filed?

Does GA require form 4562 when no assets are added to federal form 4562?

If no new assets have been reported on a IRS Form 4562, it would seem to be logical that a Georgia Form 4562 would not be needed to be included with the Georgia state tax return.

 

TurboTax does not support a Georgia Form 4562. 

And on a personal note, in my years of reporting business and rental assets on the federal return, there has never been one instance of where a Georgia Form 4562 was required on my Georgia state tax return.

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