Screen 4562 - Depreciation and Amortization (1040)

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If you don't want to use the Asset Module, use this screen to enter depreciation and amortization information.
note
If you select the asset module as the data entry method, this screen isn't visible. To use this screen to enter asset information, go to
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Client Properties
Advanced Properties
Enter Asset Detail
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Enter asset detail information
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Overview

Section 179 property detail: Basis
Enter Basis section 179 carryovers in the PBasis2 screen for Partnerships or SBasis2 screen for S Corporations. Carryovers in any of those screens transfer to this carryover field.
Section 179 property detail: At-risk
Enter At-Risk section 179 carryovers in the 6198 screen for the entity to which they relate. Carryovers in any of those screens transfer to this carryover field.
Section 179 property detail: Regular
Enter section 179 carryovers in the screen for the entity to which they relate - either Screen 4835-2, C-3, F-3, K1-7, K1T-3, or Rent-2. Carryovers in any of those screens transfer to this carryover field. You cannot enter data directly in this field.

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