Hello...I have gone back a couple of months, but have not been able to find any info...Please help..1) If I want to depreciate using "section 179 expense deduction", do I need to fill out Form 4562 parts I and V?2) If yes, I need help in the following, Part V? The property is a fax/printer, that was placed in service on 08/21/00. It is used 90% for business, and the cost was $356.00..What is my (e) basis for depreciation?What is my (f) recovery period?What is my (g) method/convention?What is my (h) depreciation deduction?What is my (i) elected section 179 cost? Any help very much appreciated?This is the only section of my taxes I can not figure out...Thanks in advance...
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