com 4562 Depreciation and Amortization

Department of the Treasury P See separate instructions.
Internal Revenue Service DP Attach this form to your return.

OMB No. 1545-0172

1989

Attachment
Sequence No. 67

Name(s) as shown on return

Identifying number

Business or activity to which this form relates

Depreciation (Use Part Il! for automobiles, certain other vehicles, computers, and property used for entertainment,

recreation, or amusement. )

Section A.—Election To Expense Depreciable Assets (Section 179)

1 Maximum doliar limitation :
2 Total cost of section 179 property placed i in service 2 during the tax year (see instructions)
3 Threshold cost of section 179 property before reduction in limitation . . . see

4 Reduction in limitation (Subtract line 3 from line 2, but do not enter less than -O- ) .
5 Dollar limitation for tax year (Subtract line 4 from line 1, but do not enter less than -O-.) .

$10,000

$200,000

len | [ow [ro |e

(a) Description of property (b) Date placed in service (©) Cost

(d) Elected cost

6

7 Listed property—Enter amount from line 28 woe

8 Tentative deduction (Enter the lesser of: (a) line 6 plus line x or (b) line 5. ) .

9 Taxable income limitation (Enter the lesser of :(a) Taxable income; or (b) line 5) (see instructions) .
10 Carryover of disallowed deduction from 1988 (see instructions). . woe
11 Section 179 expense deduction (Enter the lesser of: (a) line 8 plus line 10; ‘or (b) line 9,

2/6 [© | JN

12 Carryover of disallowed deduction to 1990 (Add lines 8and 10, lessline11.)._. >| 12 |

Section B.—MACRS Depreciation

(© Basis for depreciation

cral (d) Recovery
(Business use anly—see |) Resovery | (e)Convention | ¢f)

(b) Date placed

(a) Classification of property naernice

instructions)

Method

(g) Depreciation deduction

13 General Depreciation System (GDS) (see instructions): For assets placed in service ONLY during tax year beginning in 1989

a 3-year property

b 5-year property

¢ 7-year property

d 10-year property L

e 15-year property

f 20-year property

ae 27.5yrs. MM S/L
Residential rental propert;
& igenti Property 27.5 yrs. MM s/L
h_ Nonresidential real property pi-Syrs- mn S/b
sl.Syrs. MM s/L
14 Alternative Depreciation System (ADS) (see instructions): For assets placed in service ONLY during tax year beginning in 1989
a_ Class life S/L
b 12-year l2yrs. S/L
c 40-year 40 yrs. MM Ss/L
15 Listed property—Enter amount from line 27 : 15
16 GDS and ADS deductions for assets placed in service before 1989 (ee instructions) . 16
Section C.—ACRS and/or Other Depreciation
17 Property subject to section 168(f)(1) election (see instructions) . 17
18 ACRS and/or other depreciation (see instructions) woe se 18
Section D.—Summary
19 Total (Add deductions on line 11 and lines 13 through 18.) Enter here and on the appropriate line of
your return (Partnerships and S corporations—see instructions.) 19

20 For assets shown above and placed in service during the current year, enter the portion
of the basis attributable to section 263A costs (see instructions). . . . . - - .| 20

For Paperwork Reduction Act Notice, see page 1 of the separate instructions.

Form 4562 (1989)


Form 4562 (1989) Page 2
aay Amortization

i (e) Amortiza- i
(2) Description of property Patan Shettass (agate Nengenod ar] jarrertvanen
percentage
21 Amortization for property placed in service only during tax year beginning in 1989 Yyf
22 Amortization for property placed in service before 1989... | 22
23 Total. Enter here and on “Other Deductions” or “Other Expenses” line ofy your return rer | 23

Grud) Listed Property.—Automobiles, Certain Other Vehicles, Computers, and Property Used for Entertainment,
Recreation, or Amusement

If you are using the standard mileage rate or deducting vehicle lease expense, complete columns (a) through (d) of Section A, all of
Section B, and Section C if applicable.

Section A.—Depreciation (Caution: See instructions for limitations for automobiles.)
24a_Do you have evidence to support the business use claimed? Ll Yes L] No| 24b If “Yes,” is the evidence written? [1 Yes L_] No

by Date —_| (©) Business (d) Cost or © ® wn) 0
(a) Type of property i use other basis G
laced in Basis for depreciation — | Recovery Depreciation Elected
(list vehicles first) B percentage | (see instructions for Method
service Go fenced property) business use only period deduction section 179

25 Property used more than 50% in a trade or business:

26 Property used 50% or less in a trade or business:

S/L
s/L
S/L
27 Total (Enter hereandonline15,pagel.). 2. 2 6 6 eee ee [27
28 Total (Enter here andonline 7, pagel.) . . _ .| 28

Section B.—Information Regarding Use: of Vehicles —If you deduct expenses for vehicles:
@ Always complete this section for vehicles used by a sole proprietor, partner, or other “more than 5% owner,” or related person.
e /f you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this
section for those vehicles.
(a) (b) (c) (d) (e) (f)

Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5 Vehicle 6

29 Total business miles driven during the year
(DO NOT include commuting miles) . .

30 Total commuting miles driven during the year

31 Total other personal (noncommuting)
miles driven . .

32 Total miles driven during the year (Add
lines 29 through 31)

Yes | No | Yes | No | Yes | No | Yes | No | Yes | No | Yes | No

33 Was the vehicle available for personal use
during off-duty hours? .

34 Was the vehicle used primarily by amore
than 5% owner or related person? ,

35 Is another vehicle available for Personal
use? :

Section C. G.—Questions for Employers Who Provide Vehicles for Use by Their Employees
(Answer these questions to determine if you meet an exception to completing Section B. Note: Section B must always be
completed for vehicles used by sole proprietors, partners, or other more than 5% owners or related persons.)

Yes | No

36 Do you maintain a written ‘policy statement that = prohibits all personal u use of vehicles, including commuting, by your
employees? . :
37 Do you maintain a written policy : statement that prohibits personal use of vehicles, except ‘commuting, by your
employees? (See instructions for vehicles used by corporate officers, directors, or 1% or more owners.) . . we
38 Do you treat all use of vehicles by employees as personal use? . fn
39 Do you provide more than five vehicles to your employees and retain the information received from y your employees
concerning the use of the vehicles?. . . soe .
40 Do you meet the requirements concerning qualified automobile demonstration u use (see ‘instructions)? .
Note: /f your answer to 36, 37, 38, 39, or 40 is “Yes,” you need not complete Section B for the covered vehicles.