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Level 1
Feb 18, 2026 10:00 PM UTC
Question

Form 4562 2024

The data from 2023 4562 turbotax not transfering to 2024 and turbo tax.   No 4562 2024 at all.  How do I enter the MACRS 4562 line 17 for 2024

 

    1 reply

    Level 13
    Feb 22, 2026 11:00 PM UTC

    If you are filing a Schedule C, or any return that is not for a corporation (besides an S-Corp), you don't include a 4562 for depreciation when there are no new additions and you only have data on line 17.  

     

    See Who Must File Form 4562.