A community of 30,000 US Transcriptionist serving Medical Transcription Industry

Has anyone ever filled out a form 4562 for taxes - Stumped

Posted: Apr 01, 2012

I bought a computer that I used for work (100% work, nothing else). I know I file 4562, section 179, but I am having the hardest time trying to figure out where I am supposed to put the information. It's just the computer and nothing else. I read that I do not have to depreciate this, it falls under eligible property. Just confused where to put the info.

I'm filling out the forms by hand. I absolutely hate hate hate Turbo tax and two years ago H&R blocked charged me $389 to do my taxes. I have no problems figuring out all the other forms, it's just the 4562 I don't understand.

Thanks,

Free Tax USA....try it. - blondie

[ In Reply To ..]
A year or so ago I had worked some as an IC and I was confused as heck about that form I think it was. So I went online and went to Free Tax USA and if you make less than I believe it was $50,000 a year, you are eligible for free. All it did was ask me questions, which I easily answered and it did all the hard stuff for me. I would def give it a try. If it is free what do you have to lose?

Anyone ever use Tax Act for doing taxes? How is it? - sorry off subject. NM

[ In Reply To ..]
.

Tax Software - alias

[ In Reply To ..]
I used TaxAct for the first time last year as opposed to TurboTax I had used for previous years. I found TaxAct to be much easier to use, much more accurate and much cheaper, as I am IC and needed different forms than regular employees. All forms are included in the Deluxe version at 17.95. I am using it again this year. just my opinion.

good to hear. Same boat only empl and IC. I now rest assured. - can afford tubrotax no longer.

[ In Reply To ..]
Heck, could not afford turbotax last 2 years but used it. It keeps going up in price and I found it difficult.

thanks!

I've used it. No problems. nm - Evelyn

[ In Reply To ..]
nm

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