I need help with Form 4562.

[sjurbanski]

I have a homework assignment that requires me to fill out Form 4562. I need help with Line 14. You have to find Special depreciation allowance for qualified property (other than listed property). I am completely stumped on it. It says the person uses accelerated depreciation under MACRS and takes bonus depreciation. Here's the purchases that he made in 2019.

Manufacturing equipment (7 year)	June 2	$40,000
Office furniture	September 15	6,000
Office computer	November 18	2,000
Passenger automobile    (used 90 percent for business)	May 31	54,000
Warehouse	June 23
Building		165,000
Land		135,000

[Anonymous_ · Accepted solution]

https://www.irs.gov/instructions/i4562#idm139765158314448