General Depreciation System (GDS)

Entries in this section carry to Form 4562, Page 1, Part III. The maximum characters which print on Form 4562 for "Period," "Convention," and "Method" are 7, 4, and 5 respectively.

Overflow statements will be prepared if multiple entries are present for the same entity for Residential rental property or Nonresidential real property.

See Also

Section 179 Election

Alternative Depreciation System (ADS)