Screens for Depreciation Direct Input (4562) in Lacerte

The Depreciation Direct Input (4562) screens per module are as follows:

• Corporate Screen 22
• Exempt Organization Screen 40
• Fiduciary Screen 28
• Individual Screen 23
• Partnership Screen 15
• S-Corporation Screen 17

Using the direct input fields allows you to generate Form 4562 by entering total amounts directly to the Form 4562.

Mandatory entries include:

• Description
• Form
• Activity name or number (if applicable)
• Date placed in service (negative date=various)

When using Direct Input, do not also use the Depreciation screen.