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chrystal
New Member

Form 4562 Depreciation & Amortization

Why would I need Form 4562
Depreciation & Amortization
when I'm taking the full deduction on an expensive item and not depreciating it?
3 Replies
TaxGuyBill
Level 9

Form 4562 Depreciation & Amortization

Are you using Section 179?  That is still a form of depreciation.
chrystal
New Member

Form 4562 Depreciation & Amortization

I am that makes sense
TaxGuyBill
Level 9

Form 4562 Depreciation & Amortization

Great, I'm glad we were able to figure it out.

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