com 4562 Depreciation and Amortization OMB No. 1545-0172

Department of the Treasury P See separate instructions. JIE 6
Internal Revenue Service D> Attach this form to your return. Sequence No. 67.
Name(s) as shown on return Identifying number

Business or activity to which this form relates

Depreciation (Do not use this part for automobiles, certain other vehicles, computers, and property used for
entertainment, recreation, or amusement. Instead, use Part Ill.)
See instructions under Items You Should Note for new rules for certain assets placed in service after July 31, 1986.

Section A.—Election To Expense Recovery Property (Section 179)

(a) Class of property (b) Cost (€) Expense deduction
1
2 Listed property—Enter total from Part III, Section A, column (h). .
3 Total (see instructions for limitations). (Partnerships orS corporations—see the Schedule K ‘and Schedule
K-1 Instructions of Form 1065 or 1120S) _.
Section B—Depreciat ion of Recover Property
(b) Dati Basis for d ti (@) Method
(a) Class of property Sizceain (Business use onl see (Recovery figstng (f) Deduction
service instructions) depreciation
4 Accelerated Cost Recovery System (ACRS) (see instructions): For assets placed in service ONLY
during tax year beginning in 1986
a 3-year property
b 5-year property
c¢ 10-year property
d= 15-year public utility
property
e Low-income housing
f 15-year real property
g 18-year real property
h__19-year real property
5 Listed property—Enter total from Part III, Section A, column(g). . . . « .
6 ACRS deduction for assets placed in service prior to 1986 (see instructions) . . . . . . . .
Section C.—Depreciation of Nonrecovery Property
7 Property subject to section 168(e)(2) election (see instructions) woe
8 Other depreciation (see instructions) we
Section D.—Summary
9 Depreciation from Form 4562A (see instructions). . . oo .
10 Total (add deductions on lines 3 through 9). Enter here and on sn the Depreciation line of your ‘retum (Partoer
ships and S corporations—Do NOT include any amounts entered on line 3.) .
| Part 11 | Amortization
(e) Amortiza-
(a) Description of property (b) Date acquired ©Cast or @ Code ton prod or (9 Amortization
1. Amortization for property placed in service only during tax year beginning in 1986 Wf
2 Amortization for property placed in service prior to 1986 .
3 Total. Enter here and on Other Deductions or Other Expenses line of your return .

See Paperwork Reduction Act Notice on page 1 of the separate instructions. Form 4562 (1986)


Form 4562 (1986)

Page 2

ERE] Automobiles, Certain Other Vehicles, Computers, and Property Used for Entertainment, Recreation, or

Amusement (Listed Property).

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 (If automobiles and other listed property placed in service after June 18, 1984, are used 50% or
less in a trade or business, the Section 179 deduction is not allowed and depreciation must be

taken using the straight line method over 5 years. For other limitations, see instructions.)

Do you have evidence to support the business use claimed? __L] Yes L] No __Ifyes,istheevidence written? [] Yes L] No

Business (4) Cost or i

(b) Date © (e) Basis for depreciation | (f) Depreciation

(a) Type of broperty placed in percentage | (se other basis for | uses use only—see | method and (@) Depreciation
(list vehicles first) service 6) BE jeased property) for instructions) recovery period

(h) Section
179 expense

Total (Enter here and on line 2, page 1.)

Total (Enter here and on line 5, page 1.)

Section B.— Information Regarding Use of Vehicles
Complete this section as follows, 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 /fyou provided vehicles to employees, first answer the questions in Section C to see if you meet an exception to completing this section

for those items.

Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5

Vehicle 6

1 Total miles driven duringthe year .

2. Total business miles driven during the year

3 Total commuting miles driven during the
year,

4 Total other personal (noncommuting)
miles driven .

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

Yes

No

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

6 Was the vehicle used primarily by amore
than 5% owner or related person? .

7 Is another vehicle available for personal
use?. oe

Section C.—Questions for Employers Who Provide Vehicles for Use by 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

8 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by your
employees?

9 Do you maintain a written policy ‘statement that prohibits personal u use of vehicles, except ‘commuting, by your
employees? (See instructions for vehicles used by corporate officers, directors, or 1% or more owners.) .

10 Do you treat all use of vehicles by employees as personaluse?. . 2. 2. 1. 1 ww ee

11 Do you provide more than five vehicles to your employees and retain the information received from your r employees
concerning the use of the vehicles? .

12 Do you meet the requirements concerning fleet ‘vehicles ¢ or qualified automobile demonstration us use (see instructions)?

Note: /f your answer to 8, 9, 10, 11, or 12 is “Yes,” you need not complete Section B for the covered vehicles.