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2 replies

DoninGA
Employee
August 7, 2022

Yes.  You have to complete  the Asset entry screen and the Form 4562, Depreciation and Amortization will be generated by the software.

See this TurboTax support FAQ for form 4562 - https://ttlc.intuit.com/turbotax-support/en-us/help-article/small-business-processes/enter-form-4562/L1TTiiMll_US_en_US?uid=l6jkinpe

August 7, 2022

note that will be no 4562 in a year in which you had no additions to the depreciable assets.