Screen 4562 - Depreciation and Amortization (990)

Section 179, Special Depreciation Allowance, Other, MACRS

Section 179 property detail
Enter section 179 costs for Form 4562, Part I. Note that additional boxes for entering section 179 information are available in the OthAsset screen.

Listed Property - Information Regarding Vehicle Use

Additional vehicles
If you enter information for six or fewer vehicles, the information prints on the form. If you enter information for more than six vehicles, the information for the first five vehicles print on the form and the information for the additional vehicles in a statement attached to the return.

Amortization

Based on the data you enter in the
Form
box in this screen, amortization displays on one of the following statements: Form 990-PF, Page 1, Part I, line 23 and / or Form 990-T, Page 1, Part II, line 28. Book / tax differences for amortization display on Schedule D (990), Part XIII, line 2d or Form 990-EZ, Page 1, Part I, line 20.
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