For Costs associated with Schedule C:

1. Click Income/Deductions.
2. Click Business.
• Click Section 6 - Depreciation and Amortization (Form 4562) > Detail.
• Click Section 1 - General.
• In line 1 - Asset number input as needed.
• In line 1 - Description input as needed.
• In line 4 - Date in Service input as needed.
• In line 5 - Method input = A.
• For Amortization.
• In line 6 - Life/Rate input as needed.
• Enter in number of whole months not years.
• In line 7 - Cost or Other Basis input as needed.
• In line 17 - IRC section input as needed.
• Click Summary button on top of page.
• This brings you back to Section 6.
• Click Section 2 - Income and Cost of Goods Sold.
• In line 8 - Description input as needed.
• In line 8 - Amount input as needed.
3. Calculate return.

For Costs associated with Schedule F:

1. Click Income/Deductions.
2. Click Farm/4835.
• Click Section 7 - Depreciation and Amortization (Form 4562) > Detail.
• Click Section 1 - General.
• In line 1 - Asset number input as needed.
• In line 1 - Description input as needed.
• In line 4 - Date in Service input as needed
• In line 5 - Method input = A.
• For Amortization.
• In line 6 - Life/Rate input as needed
• Enter in number of whole months not years.
• In line 7 - Cost or Other Basis input as needed.
• In line 17 - IRC section input as needed.
• Click Summary button on top of page.
• This brings you back to Section 7.
• Click Section 4 - Expenses.
• In line 31 - Description - line 31 input as needed.
• In line 31 - Amount - line 31 input as needed.
3. Calculate return. 

For Costs associated with Partnership Passthrough:

1. Click Income/Deductions.
2. Click Partnership Passthrough.
• Click Section 7 - Depreciation and Amortization (Form 4562) > Detail.
• Click Section 1 - General.
• In line 1 - Asset number input as needed.
• In line 1 - Description input as needed.
• In line 4 - Date in Service input as needed.
• In line 5 - Method input = A.
• For Amortization.
• In line 6 - Life/Rate input as needed
• Enter in number of whole months not years.
• In line 7 - Cost or Other Basis input as needed.
• In line 17 - IRC section input as needed.
• Click Summary button on top of page. (This brings you back to Section 6).
• Click Section 5 - Other Income and Adjustments.
• In line 1 - Description - line 1 input as needed.
• In line 1 - Amount - line 1 input as needed.
3. Calculate return.

 For Costs associated with SCorporation Passthrough:

1. Click Income/Deductions.
2. Click SCorporation.
• Click Section 7 - Depreciation and Amortization (Form 4562) > Detail.
• Click Section 1 - General.
• In line 1 - Asset number input as needed.
• In line 1 - Description input as needed.
• In line 4 - Date in Service input as needed.
• In line 5 - Method input = A.
• For Amortization.
• In line 6 - Life/Rate input as needed
• Enter in number of whole months not years.
• In line 7 - Cost or Other Basis input as needed.
• In line 17 - IRC section input as needed.
• Click Summary button on top of page. (This brings you back to Section 6).
• Click Section 5 - Other Income and Adjustments.
• In line 1 - Description input as needed.
• In line 1 - Amount input as needed.
3. Calculate return.