This has been an especially challenging tax season, due to late tax law changes and losses in IRS staffing, which delayed getting all of the forms and instructions ready to deliver to software companies.
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.
Also, you can sign up at this link to be notified via email. when the forms are ready to use in TurboTax.
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