topic Form 4562 in Business & farm

Form 4562

Crbigler1 — Mon, 15 Mar 2021 20:32:33 GMT

Re: Form 4562

DawnC — Mon, 15 Mar 2021 20:44:33 GMT

What is your question regarding Form 4562? Not sure if your question was cut-off or you did not include one. The form is available for federal returns at this time. Use Form 4562 to:

Claim your deduction for depreciation and amortization.
Make the election under section 179 to expense certain property.
Provide information on the business/investment use of automobiles and other listed property.

Re: Form 4562

Crbigler1 — Mon, 15 Mar 2021 21:05:34 GMT

Yes, I am sorry. It seems I am having trouble with this site. I am working on form 4562 and had someone helping me with the form. Last year I entered 132,916 in line 2 and not sure where I got that number from. I have a small home business and I purchased 2 vehicles last year. Can you help me out with this form?