14813: PA - 4562 Assets Flowing to Schedule C-2

Assets will not carry to the PA C-2 if any of the following conditions apply: 

• Assets expensed using section 179
• Amortized assets
• Fully depreciated assets
• Assets directed to the AUTO instead of the C when mileage is taken instead of expenses

To indicate to which line of the Schedule C-2 an asset should flow, use one of the following indicators: 

1. Use the appropriate keyword for the Description field.
   • Note that the description must either contain or start with the term indicated below for the asset to carry to the specified line. 
2. Under the State Specific Information section, select the State as PA, then choose the appropriate Asset type in the Asset type drop list. 
3. Choose the Listed Property type in the Listed Prop Type drop list. 

Line	Description Contains	Asset Type	Listed Property
4A Buildings	Building BLDG	05
4B Furniture/Fixtures	Furniture Fixture Furniture and Fixture	09, 10, 11
4C Transportation Equipment	TRANS Trans Equip TE (starts with)	30, 31, 32	V, E, T, H, or N
4D Machinery	Machinery Other Equipment OE (starts with)	15 or 16

If none of the options above are used, assets will carry to lines 4E-4P or to the overflow attachment PA EF ATE entitled Electronic Filing Attachment PAC Sch C2 (Depreciation).