Form 4562 - Form 4562 Depreciation and Amortization...

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Form 4562 Department of the Treasury Internal Revenue Service (99) Depreciation and Amortization (Including Information on Listed Property) ' See separate instructions. ' Attach to your tax return. OMB No. 1545-0172 Attachment Sequence No. 67 20 09 Name(s) shown on return Business or activity to which this form relates Identifying number Part I Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount. See the instructions for a higher limit for certain businesses . . . . . . . . . 1 $250,000 2 Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . . 2 3 Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . . 3 $800,000 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . 4 5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing separately, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 (a) Description of property (b) Cost (business use only) (c) Elected cost 7 Listed property. Enter the amount from line 29 . . . . . . . . . 7 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 . . . . . . 8 9 Tentative deduction. Enter the smaller of line 5 or line 8 . . . . . . . . . . . . . . . 9 10 Carryover of disallowed deduction from line 13 of your 2008 Form 4562 . . . . . . . . . . . 10 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions) . . . 11 12 Section 179 expense deduction. Add lines 9 and 10, but do not enter more than line 11 . . . . . 12 13 Carryover of disallowed deduction to 2010. Add lines 9 and 10, less line 12 ' 13 Note: Do not use Part II or Part III below for listed property. Instead, use Part V.
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Form 4562 - Form 4562 Depreciation and Amortization...

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