gd28
Level 2

Investors & landlords

Apologies to Pauldina if I'm hijacking the thread.  I *was* able to add a new depreciation item during my test as long as it was conventional, and am noting that I seem to have the problem because of this unusual asset worksheet line 43 setting I use for only one of several depreciated assets.  I'm finding no other complaints online about TT delays for depreciation forms, so found this one and am thinking my experience is a clue that  Pauldina might have some other subtle effect complicating things.

 

I'm pretty confident my problem is a turbotax bug introduced this year regarding the table lookup setting.  After first entering this asset 10-15 years ago with my special conditions, it calculated correctly without intervention until this year.  IRS has not changed this area afaik, and I believe it's just a lookup table to back up the calculation normally used.  I've uninstalled, reinstalled, updated repeatedly, deleted & re-entered assets.  Changing asset worksheet line 43 shuts me down- after working for years.    If my problem continues past the last 1116 update on 3/3 that I'm also waiting for (sigh...), I'm just moving on from TT.  Unfortunate, but gotta get my taxes done.

 

Final update on my thread hijack:  after 3/3/22 update, I can get my depreciation working again AFTER deleting the property and re-entering it entirely (and again I manually select tax tables from depreciation asset worksheet line 43).  Anyone still with the mystery "IRS forms not available yet" message might try deleting and re-entering the property.

 

next final update, an hour later-- stopped working again.  no clue why, maybe after saving, maybe after closing and reopening, maybe after putting info in elsewhere.  15+ year turbotax customer, that's it.   olt.com here I come!