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SUNSHINE S CORPORATION - Drake Software Support

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Form4562Department of the TreasuryInternal Revenue Service (99)Name(s) shown on returnDepreciation and Amortization(Including Information on Listed Property)See separate instructions. Attach to your tax return.Business or activity to which this form relates2013<strong>SUNSHINE</strong> S <strong>CORPORATION</strong> FORM 1120S 40-0005013Part I Election To Expense Certain Property Under Section 179Note: If you have any listed property, complete Part V before you complete Part I.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1 Maximum amount (see instructions)12 Total cost of section 179 property placed in service (see instructions) . . . . . . . . . . . . . . . . . . 23 Threshold cost of section 179 property before reduction in limitation (see instructions) . . . . . . . . . . 34 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter -0- . . . . . . . . . . . . . . . 45 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -0-. If married filingseparately, see instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56(a) Description of property (b) Cost (business use only) (c) Elected costOMB No. 1545-0172AttachmentSequence No.Identifying number1797 Listed property. Enter the amount from line 2978 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 789 Tentative deduction. Enter the smaller of line 5 or line 8910 Carryover of disallowed deduction from line 13 of your 2012 Form 45621011 Business income limitation. Enter the smaller of business income (not less than zero) or line 5 (see instructions) 1112 Section 179 expense deduction. Add lines 9 and 10, but do not enter more than line 111213 Carryover of disallowed deduction to 2014. Add lines 9 and 10, less line 1213Note: Do not use Part II or Part III below for listed property. Instead, use Part V.Part II14Part IIIPart IVSpecial Depreciation Allowance and Other Depreciation15 Property subject to section 168(f)(1) election1516 Other depreciation (including ACRS)16MACRS DepreciationSummarySection A17 MACRS deductions for assets placed in service in tax years beginning before 2013171819abcdefghi20abc21 Listed property. Enter amount from line 28212223Special depreciation allowance for qualified property (other than listed property) placed in serviceduring the tax year (see instructions)For Paperwork Reduction Act Notice, see separate instructions.EEA(Do not include listed property.) (See instructions.)If you are electing to group any assets placed in service during the tax year into one or more generalasset accounts, check here(Do not include listed property.) (See instructions.)Section B - Assets Placed in Service During 2013 Tax Year Using the General Depreciation System(b) Month and year (c) Basis for depreciation(d) Recovery(a) Classification of property placed in (business/investment use(e) Convention (f) Method (g) Depreciation deductionservice only-see instructions)period3-year property5-year property7-year property10-year property15-year property20-year property25-year property 25 yrs. S/LResidential rental 27.5 yrs. MM S/Lproperty 27.5 yrs. MM S/LNonresidential real 39 yrs. MM S/Lproperty MM S/LSection C - Assets Placed in Service During 2013 Tax Year Using the Alternative Depreciation SystemClass lifeS/L12-year 12 yrs. S/L40-year 40 yrs. MM S/L(See instructions.)Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enterhere and on the appropriate lines of your return. Partnerships and S corporations - see instructionsFor assets shown above and placed in service during the current year, enter theportion of the basis attributable to section 263A costs. . . . . . . . . . . . . . . .. . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . .. . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . .. .14222,6001,2503,3817,23123Form 4562 (2013)

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