- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Business & farm
WHO ARE YOU ? You haven't checked lately because it actually works.
I asked google AI.. it reports Turbo Tax does not work until sometime after Feb 11. But it reports that H&R does work correctly.. and I tried it..
From Google'...
Yes, H&R Block tax software works with depreciation for 2025 taxes (taxes filed in early 2026). The software includes support for Form 4562 (Depreciation and Amortization), which is necessary for calculating and reporting depreciation on business equipment, machinery, and rental properties.
For the 2025 tax year, the software handles specific depreciation rules, including:
- 100% Bonus Depreciation: The software supports the 100% bonus depreciation deduction for qualifying property placed in service on or after January 20, 2025.
- Section 179 Deduction: You can deduct up to $500,000 of the cost of qualifying tangible personal property.
- MACRS Depreciation: The software supports the Modified Accelerated Cost Recovery System (MACRS) for property placed in service after 1986.
‎February 7, 2026
2:37 PM