Form 4562 - Depreciation And Amortization - 2017 Page 2
Download a blank fillable Form 4562 - Depreciation And Amortization - 2017 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 4562 - Depreciation And Amortization - 2017 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
22
Page
Form 4562 (2017)
Part V
Listed Property (Include automobiles, certain other vehicles, certain aircraft, certain computers, and property
used for entertainment, recreation, or amusement.)
Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a,
24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.
Section A—Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)
24a Do you have evidence to support the business/investment use claimed?
24b If “Yes,” is the evidence written?
Yes
No
Yes
No
(c)
(e)
(a)
(b)
(f)
(g)
(h)
(i)
Business/
(d)
Basis for depreciation
Type of property (list
Date placed
Recovery
Method/
Depreciation
Elected section 179
investment use
Cost or other basis
(business/investment
vehicles first)
in service
period
Convention
deduction
cost
percentage
use only)
25 Special depreciation allowance for qualified listed property placed in service during
the tax year and used more than 50% in a qualified business use (see instructions) .
25
26 Property used more than 50% in a qualified business use:
%
%
%
27 Property used 50% or less in a qualified business use:
S/L –
%
S/L –
%
S/L –
%
28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1
.
28
29 Add amounts in column (i), line 26. Enter here and on line 7, page 1 .
29
.
.
.
.
.
.
.
.
.
.
.
Section B—Information on Use of Vehicles
Complete this section for vehicles used by a sole proprietor, partner, or other “more than 5% owner,” or related person. If you provided vehicles
to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.
(a)
(b)
(c)
(d)
(e)
(f)
Vehicle 1
Vehicle 2
Vehicle 3
Vehicle 4
Vehicle 5
Vehicle 6
30 Total business/investment miles driven during
the year (don’t include commuting miles)
.
31 Total commuting miles driven during the year
32 Total other personal (noncommuting)
miles driven
.
.
.
.
.
.
.
.
.
33 Total miles driven during the year. Add
lines 30 through 32 .
.
.
.
.
.
.
34 Was the vehicle available for personal
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
use during off-duty hours? .
.
.
.
.
35 Was the vehicle used primarily by a more
than 5% owner or related person? .
.
36 Is another vehicle available for personal use?
Section C—Questions for Employers Who Provide Vehicles for Use by Their Employees
Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren’t
more than 5% owners or related persons (see instructions).
Yes
No
37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by
your employees? .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners .
.
39 Do you treat all use of vehicles by employees as personal use?
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
40 Do you provide more than five vehicles to your employees, obtain information from your employees about the
use of the vehicles, and retain the information received? .
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
41 Do you meet the requirements concerning qualified automobile demonstration use? (See instructions.)
.
.
.
Note: If your answer to 37, 38, 39, 40, or 41 is “Yes,” don’t complete Section B for the covered vehicles.
Part VI
Amortization
(e)
(b)
(a)
(c)
(d)
Amortization
(f)
Date amortization
Description of costs
Amortizable amount
Code section
period or
Amortization for this year
begins
percentage
42 Amortization of costs that begins during your 2017 tax year (see instructions):
43 Amortization of costs that began before your 2017 tax year .
43
.
.
.
.
.
.
.
.
.
.
.
.
44 Total. Add amounts in column (f). See the instructions for where to report .
44
.
.
.
.
.
.
.
4562
Form
(2017)
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial