Form 4562, Depreciation and Amortization 2005, Page 2. Summary: This is an example of Form 4562, Page 2 with these line items filled out:
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Under
“Part V: Listed Property--Section A--Depreciation and Other Information”:
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“24a. Do you have evidence to support the business/investment use claimed?” Yes checkbox checked
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“24b. If Yes, is the evidence written?” Yes checkbox checked
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“26. Property used more than 50% in a qualified business use (see page 8 of the instructions):”
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“(a) Type of property (list vehicles first)” field contains PICKUP TRUCK
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“(b) Date placed in service” field contains 5-18-01 and 6-22-95
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“(c) Business/Investment use percentage” field contains 100% and 100%
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“(d) Cost or other basis” field contains 7,076
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“(e) Basis for depreciation (business/investment use only)” field contains and 7,076
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“(f) Recovery period” field contains 5
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“(g) Method/Convention” field contains 150DB/HY
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“(h) Depreciation deduction” field contains 1,179
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“(i) Elected section 179 cost” field contains 0
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“28. Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1” field contains 1,179
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“29. Add amounts in column (i), line 26. Enter here and on line 7, page 1” field contains 0
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Under
“Section B--Information on Use of Vehicles”:
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“30. Total business/investment miles driven during the year (do not include commuting miles--see page 2 of the instructions)”
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“(a) Vehicle 1” field contains 11,350
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“31. Total commuting miles driven during the year”
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“(a) Vehicle 1” field contains 0
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“32. Total other personal (noncommuting) miles driven”
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“(a) Vehicle 1” field contains 0
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“33. Total miles driven during the year. Add lines 30 through 32”
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“(a) Vehicle 1” field contains 11,350
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“34. Was the vehicle available for personal use during off-duty hours?” Yes checkbox checked for Vehicle 1
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“35. Was the vehicle used primarily by a more than 5% owner or related person?” Yes checkbox checked for Vehicle 1
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“36. Is another vehicle available for personal use?” Yes checkbox checked for Vehicle
1
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