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All depreciation and amortization methods required for federal tax reporting is included in an easy to use format. Extensive On-Line Help details methods and tax requirements. Some of the features of Depreciation 4562 Computes and prints Form 4562. Calculates Luxury Automobile Depreciation. Tracks Section 179 deductions and limits. Determines the 30 or 50 percent Special Depreciation Bonus. Checks to see if mid quarter convention is required. Nine comprehensive reports are provided. Easy customization of asset classes simplifies asset input. New maximum automobile amounts can be input to stay current with changing tax regulations. A formal depreciation schedule can be printed. Half-year, mid-quarter, and mid-month conventions are provided. Depreciation is generated using IRS tax tables. The following depreciation methods are supported ADS Amortization MACRS - 200 DB MACRS - 150 DB MACRS - Straight-Line Straight - Line |
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