Use Form 4562 to: Claim your deduction for depreciation and amortization. Make the election under section 179 to expense certain property. Provide information on the business/investment use of automobiles and other listed property. Current revision Form 4562 PDF Instructions for Form 4562 (Print version PDF) Recent developments Correction to the 2021, 2022, and 2023 Instructions for Form 4562, instructions for Part I, line 5 -- 4-DEC-2024 Other items you may find useful All Form 4562 revisions About Publication 463, Travel, Gift, and Car Expenses About Publication 542, Corporations About Publication 551, Basis of Assets About Publication 946, How to Depreciate Property Other current products Related About Form 2106, Employee Business Expenses About Form 4626, Alternative Minimum Tax - Corporations About Form 4797, Sales of Business Property About Form 4952, Investment Interest Expense Deduction About Form 6251, Alternative Minimum Tax - Individuals About Form 8827, Credit for Prior Year Minimum Tax - Corporations About Form 8866, Interest Computation Under the Look-Back Method for Property Depreciated Under the Income Forecast Method About Form T (Timber), Forest Activities Schedule