why can't I find form 4562 in Tax Schedule or Tax Reporting?

Question

I am setting up car depreciation for the car I use in my business.

I cannot find form 4562 in Tax Schedule either in account details or Tax Reporting for category.

It is a basic part of preparing for my taxes every year. I am sure I am not the only one looking for the solution.

If I omitted a feature that will help me assign Depreciation account (contra asset) or Depreciation Expense (category) to form 4562, please let me know.

Looking forward to your suggestions.

[Deleted User] · Answer

To add to @Chris_QPW, Intuit used to own both Quicken and TurboTax but sold Quicken in 2016 and I'll bet that the Tax definitions haven't really been updated since then.

Chris_QPW · Answer

The basic problem is that none of the tax forms have been updated in decades.  It just isn't something that the Quicken developers have maintained.

ALSW · Answer

thank you NotACPA

I am using Business and Personal version. It includes schedule C to report business income and expenses.

It will be very helpful to be able to assign this form to the category "Depreciation" for business purposes. I calculate MACRS depreciation with depreciation calculator online and would like to record it into this category. I tried to assign it to Sched. C in Tax Reporting but there is no "Depreciation" line in there.

Depreciation is on IRS schedule C form (line13).

It will make it so much easier to have an option to include it in the reports when I prepare for taxes.  And I'm sure other business owners would be happy to have this option.