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Level 1
June 29, 2020
Question

I can't enter depreciation form 4562 not ready per software any updates?

  • June 29, 2020
  • 1 reply
  • 0 views

The software indicates that IRS is still working on form 4562 therefore I can't enter depreciation or amortization. Is this an error in the software? the deadline for filing was extended to July 15 2020 and yet the form has a delay? How can I resolve this?

 

Business 2019 software

    1 reply

    SusanY1
    Level 15
    June 29, 2020

    Try updating the software - the forms should be available.   To update the software select "check for updates" from the Online menu drop down.  

     

    If you receive an error message or the software indicates no updates are available, you can install the manual update using these instructions: TurboTax Business 2019 Manual Update.

     

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    Level 2
    February 10, 2021

    I installed manual update for Business 2019 (w_bizrelsuperpatch_ttax_[phone number removed].exe). When I restart TurboTax Business 2019 it still indicates "The Depreciation and Amoritization area will be available soon." It is now Feb 09, 2021 so this problem should be fixed. Trying "check for update " within the TurboTax software yields "your software is up to date". Is there a newer update?

    EbonyL122824
    Level 9
    February 10, 2021

    See this link here for instructions on how to update TurboTax Business Software. If you need further assistance, contact customer support here.

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