You don't always get a Form 4562.
Use Form 4562 to
figure your deduction for depreciation and amortization. Attach Form 4562 to
your tax return for the current tax year if you are claiming any of the
following items.
- A
section 179 deduction for the current year or a section 179 carryover from
a prior year. See chapter 2 for information on the section 179
deduction.
- Depreciation
for property placed in service during the current year.
- Depreciation
on any vehicle or other listed property, regardless of when it was placed
in service. Seechapter 5 for information on listed property.
- A deduction
for any vehicle if the deduction is reported on a form other than Schedule
C (Form 1040) or Schedule C-EZ (Form 1040).
- Amortization
of costs if the current year is the first year of the amortization period.
- Depreciation
or amortization on any asset on a corporate income tax return (other than
Form 1120S, U.S. Income Tax Return for an S Corporation) regardless of
when it was placed in service.