Miscellaneous 4562 Data

This option allows inputting miscellaneous data, used on Form 4562.


    


    

       

      Field

                             Explanation

179 Carryover

This populates line 10 for carryover of disallowed 179 deduction from the prior year. If there is 179 carryover in the present year it will automatically be carryover for the next year.

179 Income limit

This is line 11 for business income limitation.

Listed Claim

This is line 24a, Do you have evidence to support the business/investment use claimed? Answer Yes or No.

Listed Evidence

This is line 24b, If 'Yes,' is the evidence written? Answer Yes or No.

Group Assets

This is line18. If you elect to group assets answer Yes, else No.

168 Property

This is line15. Property subject to section 168 election.

Other Depr

This is line16. Other depreciation.

263A Cost

This is line 23. Enter the portion of the basis attributable to section 263A costs.

Exclude 179

This excludes the 179 deduction amount from Line 22.

           

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