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New Member
posted Aug 7, 2025 11:07:08 AM

I am trying to locate the the worksheet that is used for Depreciation and Amortization which shows the asset details, depreciaiton taken and remaining basis from tax 2023

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2 Replies
Level 15
Aug 7, 2025 11:10:00 AM

The actual Form 4562 that is filed with your return is just a Summary of the Depreciation for the current year and only lists out the new assets and not the prior the items. You may have a 4562 Depreciation and Amortization Report which does list all the items including fully depreciated items. 


If you don't have the 4562 Depreciation and Amortization Report or need more info you need the Asset Life History. The history is only available in the Desktop program not the Online version. If you are using the Online version you would have to download your .tax20yy file and open it in the desktop program.


Using the Desktop program you can get an Asset Life History worksheet but you have to do it in Forms Mode, click Forms in the upper right (upper left for Mac) You can't get detailed worksheet showing all the assets but you can get the Asset Life History on each one. It doesn't print out with your return or save in the pdf. So you have to print each Asset Life History individually.

New Member
Aug 10, 2025 6:52:01 AM

I was able to get a hold of a live agent who walked through the process with me thank you