Drake Tax - 4562: Page 2 Not Generated

Article #: 13206

Last Updated: October 21, 2024

 


Tags: Drake Tax

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Page 2 of Form 4562 is not produced

Form 4562 Depreciation and Amortization page 2 consists of "Part V Listed Property" and "Part VI Amortization." If neither of these are indicated in data entry, page 2 of the 4562 is not required to print.

To designate an asset as listed property:

  • From the 4562 Item Detail screen, choose a Listed Prop Type from the drop list.

  • From 4562Grid Data Entry, enter the correct letter in the LPT field.

    • Click in the field and press F1 for listed property types.

To amortize an asset:

From the 4562 screen, choose AMT from the method drop list, and a Code section from the drop list in the Amortization section.