Originally Posted by alcolom
So then no need to fill out a new 4562 form, right?
as said it depends;I guess you need to submit Form 4562 to figure your biz related deduction for depreciation and amortization by attacing the Form to your tax return if you are claiming any of the following items;
A section 179 deduction for the current year or a section 179 carryover from a prior year. Depreciation on any vehicle or other listed property, regardless of when it was placed in service. A deduction for any vehicle if the deduction is reported on a form other than Sch C of Form 1040 or Sch C-EZ of Form 1040