I noticed the 4562 from 2019 didn't transfer over to 2020 so I'm not sure what to do? Any advice?
You'll need to sign in or create an account to connect with an expert.
the depreciation should have transferred but there will be no form 4562 in the 2020 return if there were no depreciable assets entered as put into service in 2020
Thank you for your reply, but even though I don't have any new assets placed in service in 2020, I still have depreciation from the asset I placed in service in 2019 that should carry over and it's not. I'm not sure what to do?
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
djghokie
New Member
user17592818372
New Member
user17592114376
Returning Member
BillyDB
Level 2
tucow
Returning Member