Form 4562
Depreciation and Amortization
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This content is for informational purposes only and does not constitute legal, tax, or financial advice. Tax laws change frequently — always verify with the CRA and IRS or consult a qualified cross-border tax accountant before making decisions.
Attached to Schedule E and 1040-NR by April 15 or June 15
Any landlord (resident or non-resident) depreciating a US rental property
What is Form 4562?
Used to claim depreciation on US rental property. Residential rental property depreciates over 27.5 years using straight-line method. Canadian landlords can deduct depreciation on their US property on Schedule E.
Who Needs to File Form 4562?
Any landlord (resident or non-resident) depreciating a US rental property
Filing Deadline
Attached to Schedule E and 1040-NR by April 15 or June 15
Related Forms
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