Drake Tax - 4562: Page 2 Not Generated
Article #: 13206
Last Updated: October 18, 2024
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.