Form 4562 will not stay in a return

Form 4562 will not stay in a return


This article describes when Form 4562 must be included with a tax return.


Form 4562 is only used for certain situations. The mere presence of depreciation on a tax return does not require Form 4562 to be filed.

Form 4562 is only required for the following:

  • Depreciation for property placed in service during the tax year.
  • A section 179 expense deduction (which may include a carryover from a previous year).
  • Depreciation on any vehicle or other listed property (regardless of when it was placed in service).
  • A deduction for any vehicle reported on a form other than Schedule C (Form 1040), Profit or Loss From Business, or Schedule C-EZ (Form 1040), Net Profit From Business.
  • Any depreciation on a corporate income tax return (other than Form 1120S).
  • Amortization of costs that begins during the tax year.
If none of the above applies, Form 4562 will not stay in a tax return.

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