posted

Do I need to included a fully depreciated asset on form 4562? (this is an LLC)

2 Replies

Do I need to included a fully depreciated asset on form 4562? (this is an LLC)

No. A fully depreciated asset has a value of zero. There is nothing left to be depreciated.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Do I need to included a fully depreciated asset on form 4562? (this is an LLC)

What I thought. Thank you for verifying.

Dynamic Ads

Dynamic Ads

Privacy Settings

v