You generally cannot use the automatic approval procedure in any of the following situations. You are before a federal court or an appeals office for any income tax issue and the method of accounting for depreciation to be changed is an issue under consideration by the federal court or appeals office. You are correcting a mathematical or posting error. See Amended Return, earlier. How To Claim Depreciation Use Form 4562 to claim depreciation and amortization deductions and to elect the section 179 deduction, discussed next.
Amortization is discussed later.
For more information on completing Form 4562, refer to its instructions. It is important to keep good records for property you depreciate. Do not file these records with your return. Instead, you should keep them as part of the records of the depreciated property. They will help you verify the accuracy of the information on Form 4562.