Form 4562 Special Depreciation Allowance Error

9 replies
361 views

After installing the 2/27/26 updates to TurboTax Business, I still have 2 assets flagged as not eligible for Special Depreciation (2 vehicles placed in service in 2004!). Please provide a work-around, as I cannot wait another week to find out whether or not another update will fix the problem. PLEASE HELP!

TurboTax Business Windows

CatinaT1

Alumni - Intuit

If you are using desktop software you may need to do a manual update. Try clearing your Cache and Cookies and then try this link instructions.

If you are using the online software, Clear Cache and Cookies.

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klj102471Author

Level 2

That link is wanting me to delete the program I already have installed and re-install the 2025TurboTax program. Are you saying that's what needs to be done?

PatriciaV

Alumni - Intuit

The manual update suggested by CatinaT1 will not delete or change your tax return/information. While it does uninstall and reinstall the TurboTax software, the update utility will ensure that you have the latest version of TurboTax Desktop.

It might be helpful if you provided a screenshot of the error messages you are seeing with regards to Special Depreciation. Some issues have been resolved but others have cropped up after the last update.

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