AC 2520

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Form 4562	Depreciation and Amortization		OMB No. 1545-0172

			2013
	(Including Information on Listed Property)

Department of the Treasury				Attachment
Internal Revenue Service (99)	▶ See separate instructions.	▶ Attach to your tax return.		Sequence No. 179
Name(s) shown on return	Business or activity to which this form relates	Identifying number

Thom Jones Business 000-00-1111

Part I Election To Expense Certain Property Under Section 179

Note: If you have any listed property, complete Part V before you complete Part I.

1	Maximum amount (see instructions) . . . . . . . . . . . . . . . . . . . . . . .
2	Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . .
3	Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . .
4	Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . .
5	Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filing
	separately, see instructions . . . . . . . . . . . . . . . . . . . . . . . . .

6	(a) Description of property		(b) Cost (business use only)		(c) Elected cost


7	Listed property. Enter the amount from line 29 .	. . . . . . . .	7
8	Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 . . . . . .	8
9	Tentative deduction. Enter the smaller of line 5 or line 8 . . . . . . . . . . . . . . . .	9
10	Carryover of disallowed deduction from line 13 of your 2012 Form 4562 . . . . . . . . . . .	10
11	Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions)	11
12	Section 179 expense deduction. Add lines 9 and 10, but do not enter more than line 11 . . . . .	12
13	Carryover of disallowed deduction to 2014. Add lines 9 and 10, less line 12	▶		13

Note: Do not use Part II or Part III below for listed property. Instead, use Part V.

Part II Special Depreciation Allowance and Other Depreciation (Do not include listed property.) (See instructions.)

Special depreciation allowance for qualified property (other than listed property) placed

service

during the tax year (see instructions) . . . . . . . . . . . . . . . . . .

. .

Property subject to section 168(f)(1) election . . . . . . . . . . . . . . . .

. .

Other depreciation (including ACRS) . . . . . . . . . . . . . . . . . .

. .

Part III

MACRS Depreciation (Do not include listed property.) (See instructions.)

Section A

MACRS deductions for assets placed in service in tax years beginning before 2013 . . .

. .

If you are electing to group any assets placed in service during the tax year into one or more general

asset accounts, check here . . . . . . . . . . . . . . . . . . . . .

▶

Section B—Assets Placed in Service During 2013 Tax Year Using the General Depreciation

System

(b) Month and year

(d)

Recovery

(a) Classification of property

placed in

(business/investment use

(e) Convention

(f)

Method

(g) Depreciation deduction

period

service

only—see instructions)

19a

3-year property

b 5-year property

c 7-year property

d 10-year property

e 15-year property

f 20-year property

g 25-year property

h Residential rental property

i Nonresidential real property

Section C—Assets Placed in Service During 2013 Tax Year Using the Alternative Depreciation System

20a	Class life
b	12-year
c	40-year
Part IV	Summary	(See instructions.)

21	Listed property. Enter amount from line 28 . . . . . . . . . . . . . . . . . . . .	21
22	Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter
	here and on the appropriate lines of your return. Partnerships and S corporations—see instructions .	22
23	For assets shown above and placed in service during the current year, enter the
	portion of the basis attributable to section 263A costs . . . . . . .		23
For Paperwork Reduction Act Notice, see separate instructions.	Cat. No. 12906N	Form 4562 (2013)

Form 4562 (2013)	Page 2
Part V	Listed Property (Include automobiles, certain other vehicles, certain computers, and	property used for
	entertainment, recreation, or amusement.)

Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable.

Section A—Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.)

24a Do you have evidence to support the business/investment use claimed?

Yes

24b If “Yes,” is the evidence written?

Yes No

(a)

(b)

(c)

(e)

(f)

(g)

(h)

(i)

Business/

(d)

Basis for depreciation

Type of property (list

Date placed

Recovery

Method/

Depreciation

Elected section 179

investment use

Cost or other basis

(business/investment

vehicles first)

in service

period

Convention

deduction

cost

percentage

use only)

Special depreciation allowance for qualified listed property placed in service during

the tax year and used more than 50% in a qualified business use (see instructions) .

Property used more than 50% in a qualified business use:

Property used 50% or less in a qualified business use:

S/L –

Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1

Add amounts in column (i), line 26. Enter here and on line 7, page 1 . . . . .

. . . .

. . .

Section B—Information on Use of Vehicles

Complete this section for vehicles used by a sole proprietor, partner, or other “more than 5% owner,” or related person. If you provided vehicles to your employees, first answer the questions in Section C to see if you meet an exception to completing this section for those vehicles.

	(a)	(b)	(c)	(d)	(e)	(f)
30 Total business/investment miles driven during	Vehicle 1	Vehicle 2	Vehicle 3	Vehicle 4	Vehicle 5	Vehicle 6
the year (do not include commuting miles) .

31 Total commuting miles driven during the year

32 Total other personal (noncommuting)

miles driven . . . . . . . . .

Total miles driven during the year. Add

lines 30 through 32 . . . . . . .

Was the vehicle available for personal

Yes

use during off-duty hours? . . . . .

Was the vehicle used primarily by a more

than 5% owner or related person? . .

Is another vehicle available for personal use?

Section C—Questions for Employers Who Provide Vehicles for Use by Their Employees

Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who are not more than 5% owners or related persons (see instructions).

37	Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by Yes	No
38	your employees? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

	Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your
	employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners . .
39
	Do you treat all use of vehicles by employees as personal use? . . . . . . . . . . . . . . . .
40	Do you provide more than five vehicles to your employees, obtain information from your employees about the
	use of the vehicles, and retain the information received? . . . . . . . . . . . . . . . . . . .
41
	Do you meet the requirements concerning qualified automobile demonstration use? (See instructions.) . . .
	Note: If your answer to 37, 38, 39, 40, or 41 is “Yes,” do not complete Section B for the covered vehicles.

Part VI Amortization

		(b)						(e)
	(a)		(c)	(d)		Amortization	(f)
		Date amortization
	Description of costs		Amortizable amount	Code section			period or	Amortization for this year
		begins
							percentage


42	Amortization of costs that begins during your 2013 tax year (see instructions):


43	Amortization of costs that began before your 2013 tax year . . . . . . . . . .	.	.	.		43
44	Total. Add amounts in column (f). See the instructions for where to report . . . . .	.	.	.	44

Form 4562 (2013)