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Deductions & credits
It is anticipated that the depreciation calculators within the software should be updated by February 13th, 2026 (now, by the end of this week). The tech team is working diligently to release the updates before that date, if possible. Note 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.
(Problems receiving the update? See: troubleshooting for TurboTax Online)
You can sign up at this link to be notified via email when the depreciation and amortization forms are available in TurboTax.
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