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how to generate form 4562

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Level 2

Hi there, I am working on an S Corp return. for the new assets entered into system, depreciation number showed on 1120S line 14; however it does not print out the form 4562. Please kindly help. Thank you

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Level 15

Does it show on the depreciation schedule? Make sure you have the correct date put in service. 


ex-AllStar

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Highlighted
Level 15

Does it show on the depreciation schedule? Make sure you have the correct date put in service. 


ex-AllStar

View solution in original post

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Level 2

it does not show on depreciation schedule

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Level 15

Is there a 4562? Are there numbers on any of the lines of the 4562? 


ex-AllStar
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Level 2

when I click forms, 4562 is there, nut there is no numbers on the form. however 1120S has the depreciation deduction amount there. is that because for now I am using 999999 for EIN for preview so 4562 does not generate numbers on the form? Thank you 

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Level 15

The 9's should not impact it. Is there nothing on line 14 of the 4562? New asset would create that. 


ex-AllStar
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Level 15

My last guess is you put in an override in the expenses, Screen 15 between Depletion, ... and Dues. 


ex-AllStar
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