Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jun 1, 2019 3:33:47 PM

I took one time special depreciation allowance for my asset. Where do I enter this dollar amount on form 4562?

0 1 160
1 Best answer
Level 3
Jun 1, 2019 3:33:48 PM

I'm assuming you're not using Turbo Tax, because it would carry over from your depreciation input.

It goes on line 14 of Form 4562.

1 Replies
Level 3
Jun 1, 2019 3:33:48 PM

I'm assuming you're not using Turbo Tax, because it would carry over from your depreciation input.

It goes on line 14 of Form 4562.