To depreciate a business asset: The tutorial demonstrates how to calculate depreciation deduction for assets and how to complete Form 4562 Depreciation Amortization for 2022. Open IRS Publication 946 How to Depreciate Property. Scroll down to “Which Property Class Applies Under GDS?”. Look for your depreciable asset in the list of assets under the property … Continue reading How to depreciate a business asset Form 4562 for 2022