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

posted

Connect with an expert

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.

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

What I thought. Thank you for verifying.

Still have questions?

Questions are answered within a few hours on average.

Post a Question

*Must create login to post