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Modified Accelerated Cost Recovery System (MACRS), Listed Property, Limitation on Depreciation of Luxury Automobiles (LO 8.2,8.4,8.5) During 2022, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business: Pepe uses the accelerated depreciation method under MACRS, if available, and does not make the election to expense and elects out of a bonus depreciation. Use Form 4562 to report Pepe's depreciation expense for 2022. Enter all amounts as positive numbers. If required, round to the nearest dollar. If an amount is zero, enter "o". Section B-Assets Placed in Service During 2022 Tax Year Using the General Depreciation System Section C-Assets Placed in Service During 2022 Tax Year Using the Alternative Depreciation System 26 Property used more than 50% in a qualified business use: 27 Property used 50% or less in a qualified business use: S/L= S/L. S/L. 29 Add amounts in column (i), line 26. Enter here and on line 7, page 1, Modified Accelerated Cost Recovery System (MACRS), Listed Property, Limitation on Depreciation of Luxury Automobiles (LO 8.2,8.4,8.5) During 2022, Pepe Guardio purchases the following property for use in his calendar year-end manufacturing business: Pepe uses the accelerated depreciation method under MACRS, if available, and does not make the election to expense and elects out of a bonus depreciation. Use Form 4562 to report Pepe's depreciation expense for 2022. Enter all amounts as positive numbers. If required, round to the nearest dollar. If an amount is zero, enter "o". Section B-Assets Placed in Service During 2022 Tax Year Using the General Depreciation System Section C-Assets Placed in Service During 2022 Tax Year Using the Alternative Depreciation System 26 Property used more than 50% in a qualified business use: 27 Property used 50% or less in a qualified business use: S/L= S/L. S/L. 29 Add amounts in column (i), line 26. Enter here and on line 7, page 1,

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