1041-US: Form 4562 is not calculated (FAQ)

Alerts and notices
Leave feedback

Internal Employees: Submit feedback

Contact information (optional):

Leave this blank:

Please tell us how we can make this information more helpful.

Characters left:

MFA required for electronic filing

Effective May 3rd, the 2017 version of UltraTax CS requires multi-factor authentication (MFA) to access the electronic filing transmission feature in CS Connect.

Thomson Reuters is committed to proactively evolving our security features to help you protect your firm and your clients' data. For more information about multi-factor authentication, see Multi-factor authentication overview.


Why is Form 4562 not calculated when depreciation information has been entered?


Form 4562 is not calculated if 100 percent of the depreciation and amortization amounts are allocated directly to the beneficiaries. If less than 100 percent is allocated to the beneficiaries, only the remaining percentage appears on Form 4562. If depreciation and amortization percentages have been entered in error in the View > Beneficiary Information > Federal tab > Other Allocations group box, removing those percentages allocates the deductions to Form 4562.

Related topic: 1041-US: Form 4562 FAQs

Share This