Skip to main content
Level 3
January 31, 2026
Solved

when will depreciation and amortization be available in TurboTax Online Premium

  • January 31, 2026
  • 7 replies
  • 38 views
I am trying to add capital investments to my rental properties but cannot yet
Best answer by PatriciaV

We anticipate the depreciation calculations within the software should be updated after February 13, 2026. Our tech team is working hard to release the updates before that date. Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.

7 replies

Level 2
January 31, 2026

I have the same problem for Turbo Tax Premier 2025.  I have installed the patch and also uninstalled and reinstalled the desktop software.  The depreciation feature doesn't work.  I get a message stating it's not ready yet.  But in other areas Turbo Tax help is stating it is ready.

Level 2
February 1, 2026

It's not ready in the online version either.  

PatriciaV
PatriciaVAnswer
Level 15
February 1, 2026

We anticipate the depreciation calculations within the software should be updated after February 13, 2026. Our tech team is working hard to release the updates before that date. Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.

**Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
Level 2
February 1, 2026

Finally, a response with actual information.  Very frustrating trying to find anything other than vague and generic AI answers.  I will calendar the date.

 

Level 3
February 15, 2026

Can someone recommend a U.S. based tax software company with U.S. employees as an alternative to TT?

I've learned that TT has offshored much of their software development and would rather not support a company that not only doesn't deliver but exports jobs too.  

Level 2
February 15, 2026

Taxact ot Taxslayer are very good options. 

Level 3
February 15, 2026

Thank you! 😁

Level 2
February 16, 2026

Whoever at this company needs to see this, please act accordingly, because you are about to lose a very loyal customer.  You charged me full price and cannot deliver the product in a timely manner.  This does not earn you future business.  In fact, you will lose business.  I hope someone in your management team sees this.

Level 2
February 18, 2026

Its now February 17 and we are still waiting for the depreciation to finish our tax returns! Please get this up and running. This is not acceptable. 

baldietax
Level 12
February 18, 2026

@Patnorthwest numerous updates here and other threads indicate to expect Friday 20th for the update.

Level 2
February 20, 2026

IT IS FINALLY UPDATED. Just filed mine but I never received notification it was ready, it was finally just there when I checked so just wanted to let yall know. Happy tax filing!

Level 2
February 20, 2026

Does it automatically update when you log in or do you have to do something to get the depreciation info into your return 

Level 2
February 24, 2026

OK it is February 23rd now!  What is the status of the depreciation schedules?

baldietax
Level 12
February 24, 2026

released last Thursday.  for some reason the email never went out.  if you are on desktop check for latest updates, some have needed a reboot.  if you are using Online it should be automatic but if having trouble clear cache/cookies and log back in.