Hello....Does anybody know when TurboTax will release depreciation functionality? The software says February ?

[M-MTax]

Try this Friday.

[CatinaT1]

The work on this section of TurboTax is continuing and expected to be completed with an update coming after Thursday night (2/19).  The best time to check for a change will be Friday (2/20).

Just a point of clarification, the IRS did not finalize this form until Feb 11, 2026. You can see this here: IRS Draft Tax Forms, Instructions for Form 4562, Depreciation and Amortization (Including Information on Listed Property).

Once a form is finalized by the IRS, it has to be coded into the special language the software uses and has to be thoroughly tested for calculations and e-filing acceptability. The IRS then has to approve it for e-file. It always takes a little longer for a form to become available for e-file in a software program. The dates are subject to change due to all that needs to be done.

[user17712794540]

Thank you