Support CenterEntering Depreciation
🔍 Entering Depreciation
This guide will show you how to start depreciation on the right line in your tax form and link it to the correct Depreciation worksheet.
⚠️ Before You Begin
You should be viewing the form in SureFire where you want the depreciation to carry to (for example, the Schedule C).
📊 Step-by-Step Guide
Step 1: Start on the correct form line
Start at the depreciation line on the form you want the depreciation to carry to. For example, if you need it to carry to the Schedule C, start at line 13 of the Schedule C.
Tip: Use the link depreciation worksheet button at the top of the form to link you to the asset worksheet.
Step 2: Link to a new 4562 and Depreciation Worksheet
On this line, link (F9) to a NEW 4562, Depreciation Page 1.
On the new 4562, go to line 6a (description) and link to a new Depreciation Worksheet.
Enter the item to be depreciated on the worksheet.
Step 3: Complete worksheets for each asset
Complete a separate Depreciation Worksheet for each asset.
You can get additional information on completing the depreciation worksheet using F1 help.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
Tags: federal,form