Form 4562, Depreciation and Amortization 2007 , Page 2

Summary: This is an example of Form 4562, Page 2 with these line items filled out:

Under Part V: Listed Property--Section A--Depreciation and Other Information:

24a. Do you have evidence to support the business/investment use claimed? Yes checkbox checked

24b. If Yes, is the evidence written? Yes checkbox checked

26. Property used more than 50% in a qualified business use (see page 8 of the instructions):

(a) Type of property (list vehicles first) field contains PICKUP TRUCK

(b) Date placed in service field contains 5-18-04 and 6-22-97

(c) Business/Investment use percentage field contains 100% and 100%

(d) Cost or other basis field contains 7,076

(e) Basis for depreciation (business/investment use only) field contains and 7,076

(f) Recovery period field contains 5

(g) Method/Convention field contains 150DB/HY

(h) Depreciation deduction field contains 1,179

(i) Elected section 179 cost field contains 0

28. Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 field contains 1,179

29. Add amounts in column (i), line 26. Enter here and on line 7, page 1 field contains 0

Under Section B--Information on Use of Vehicles:

30. Total business/investment miles driven during the year (do not include commuting miles--see page 2 of the instructions)

(a) Vehicle 1 field contains 11,350

31. Total commuting miles driven during the year

(a) Vehicle 1 field contains 0

32. Total other personal (noncommuting) miles driven

(a) Vehicle 1 field contains 0

33. Total miles driven during the year. Add lines 30 through 32

(a) Vehicle 1 field contains 11,350

34. Was the vehicle available for personal use during off-duty hours? Yes checkbox checked for Vehicle 1

35. Was the vehicle used primarily by a more than 5% owner or related person? Yes checkbox checked for Vehicle 1

36. Is another vehicle available for personal use? Yes checkbox checked for Vehicle 1

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