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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Didn't you enter and start depreciating them on your 2023 return? Did you file schedule C for 2023? You may need to amend 2023 to add them.

How do I remove the self employment forms? We started purchasing equipment for a business and found out we did not generate enough income to report as a sole proprietor

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How do I depreciate equipment purchased in 2023 on form 4562? I have an LLC (sole proprietor).

How do I depreciate equipment purchased in 2023 on form 4562? I have an LLC (sole proprietor).

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How do I depreciate equipment purchased in 2023 on form 4562? I have an LLC (sole proprietor).

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How do I depreciate equipment purchased in 2023 on form 4562? I have an LLC (sole proprietor).

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