DEPRECIATION OF A FRIGHTENER

[nessadjbk]

I am filling out form 4562 but I am stuck on what to list for h currently listed as a 2014 frieghtliner date of service was 1/1/2024 for 100 percent of the year bought it for 28K recovery time is 5 yrs and S/L-MQ just unsure about the section regarding deduction please help

[PatriciaV]

When you add your vehicle to your business assets, TurboTax will complete an asset worksheet to calculate the appropriate depreciation deduction for the year. The information is automatically transferred to Form 4562.

If you are completing Form 4562 manually, please see IRS Instructions for Form 4562 or Pub 946 How is the Depreciation Deduction Figured?