rom 4562

Department of the Treasury
Internal Revenue Service

Depreciation and Amortization

P attach this form to your return.

DP See separate instructions.

1985

OMB No. 1545-0172

Name(s) as shown on return

Identifying number

Business or activity to which this form relates

| Part 1] Depreciation

Use Part III, Specific Information Concerning Automobiles and other Listed Property, for certain transportation equipment (e.g.

autos), amusement/recreation property, and computer/peripheral equipment.

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

(@) Class of property

(b) Cost

(©) Expense deduction

2 Listed property—Enter total from Part Ill, Section A, column (h)
3 Total (see instructions for limitations). (Partnerships ors corporations—see the 3 Schedule K and Schedule

K-1 Instructions of Form 1065 or 1120S)

Section B. —Depreciation of Recovery Property

(a) Class of property

(b) Date
placed in
service

(c) Cost or
other basis

(@) Recovery
period

depreciation

(e) Method
of

figuring (f) Deduction

4 Accelerated Cost Recovery System
and other listed property placed in

(ACRS) (see instructions): For assets other than automobiles
service ONLY during tax year beginning in 1985

I],

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

(See “Items You Should Note”)

5 Listed property—Enter total from Part Ill, Section A, column (g)

6 ACRS deduction for assets other than automobiles and other listed Property placed i in service prior to 1985

(see instructions)

Section C.. —Depreciation of Nonrecovery Property

7 Property subject to section 168(e)(2) election (see instructions)

8 Other depreciation (see instructions)

Section D.—Summary

9 Total (Add deductions on lines 3 through 8). Enter here and on the Depreciation line of f your return (Partner.

ships and S$ corporations—Do NOT include any amounts entered on line 3.)

Amortization

Amortiza-
(©) Cost or (6) Code (co) (f Amortization
(a) Description of property (b) Date acquired (©) Cost or () Code fon period or )Armotizatic

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 (1985)


Form 4562 (1985)

Page 2

GEM]: Specific information Concerning Automobiles and Other Listed Property

For property used 50% or less in a trade or business, the section 179 expense deduction is not allowed. For listed property used 50%

or less in a trade or business, depreciation MUST be computed under the straight-line method.

Section A.—Depreciation of Automobiles and Other Listed Property (see instructions for limitations)

(b) Date (©) Business (f) Method of
Item Descripti (d) Cost Re th) Se
No. eehisiee testy Placed in vercerage Shervass | pened” En (@ Deduction 3 Secton,
1
2
3
4
5
6
7
8
9
Total (Enter here and on line 2, page 1.) .
Total (Enter here and online 5, page 1.) .
Section B.— Questions Regarding Use of Automobiles and Other Listed Property
To Be Completed by All Filers: Yes | No

n

Do you have evidence, for all the listed property above, to support the business use percentage claimed? .

Isthe evidence written? . . .

To Be Completed by Employers Who Provide ' Vehicles ‘for Use by Employees:

3 Do you maintain a written policy statement, meeting the conditions described in the instructions, that prohibits all
personal use of vehicles, including commuting, by your employees? .
If “Yes,” do not complete items 6 through 12 for any of the vehicles furnished to employees that are covered by ‘the
written policy statement.

4 Do you maintain a written policy statement, meeting the conditions described in the instructions, that prohibits

personal use of vehicles, except commuting, by your employees? .

If “Yes,” you must complete items 6 through 12: (a) only for those vehicles furnished to “disqualified persons” even if

they are covered by the statement; and (b) for all vehicles not covered by the statement.

Do you provide more than five vehicles to your employees, or treat all use of vehicles by employees as personal use?

If “Yes,” you do not have to answer questions 6 through 12: (a) for vehicles furnished to other than disqualified
persons, or (b) if you treat all use of vehicles by employees as personal use. You must retain the information received
from your employees regarding the use of the vehicles.

ny

a

S

NX

SS

Section C.—Information Regarding Use of Vehicles

Vehicle 1 Vehicle 2 Vehicle 3 Vehicle 4 Vehicle 5

Vehicle 6

6 Total miles driven duringthe year . . .

7 Total business miles driven during the year

8 Total commuting miles driven during the
year.

9 Total other personal ‘(non-commuting)
miles driven .

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

Yes | No

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

11 Is another vehicle available for persona
use?

12 Was the vehicle used primary by a
disqualified person? _.