Form 4562 PDF form

Understand your document

What is Form 4562?

Form 4562 reports depreciation, amortization and specified asset elections. Asset classification, placed-in-service dates, business use and prior depreciation affect the entries. Formz prepares supplied form values; it does not select a depreciation method or produce a complete asset schedule.

Records to gather

• Taxpayer identity and related business/activity
• Asset descriptions, cost/basis and placed-in-service dates
• Business-use percentages, applicable methods and determined deductions
• Prior depreciation, section 179 and listed-property support

Fields you will work through

The guided editor groups the supported fields into practical steps. The available fields follow the chosen revision.

Taxpayer and activity

Name on tax return · Business or activity · Taxpayer identification number

Property 1

Property description · Cost for business use · Cost elected for section 179

Property 2

Property description · Cost for business use · Cost elected for section 179

Depreciation summary

Depreciation on listed property · Total depreciation and section 179 deduction · Interest costs capitalized under section 263A(f)

Over 50% business use · property 1

Property description · Date placed in service · Business or investment use (%)

Check before using your PDF

• Distinguish a purchase date from when an asset was placed in service.
• Reconcile deductions with the asset ledger and review year-specific elections and limits rather than repeating prior-year treatment.

After you prepare the document

Attach the applicable form to the related return and keep asset-level schedules for later years and eventual dispositions.