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If you continue to update TurboTax Desktop and open your TurboTax Online (automatic updates) and you still see the 'ready by February' message, it's not yet finalized. Sign up for the update so you will be notified the most efficient and timely way.  It is posted for convenience here.   Please use this link Sign up for email notification which will let you know when the depreciation/amortization will be ready to file with Schedule E. The target date is still February 11th, however the notification will let you know.   @mguerreroj 

Thank you for the response.  I was afraid you were going to say that.  I have 3 separate donations this year with probably 100 items in each donation.  I know Its deductible made it soooo easy as we could add the items and then import the grand totals.  Appreciate the input.  

If you did not receive any credits or discounts, nor did you qualify for help, then you do not need to enter the form 1095-A or fill out form 8962, so you can answer No to the "Do you need to report any 1095-A's"  This will stop the rest of the questions.   However, if you already answered yes, you may need to delete the form so that it is not hanging out asking for additional answers.     To do this select the following: Tools Tax Tools Delete a Form Delete next to form 1095-A If seen Delete next to form 8962 If using the desktop version you can simply switch to forms mode and delete form 1095-A and 8962 if it is there. 

Thanks! Does choosing "None of the above". also pertain to the lump sum distribution I took from my 401k?  Your response is not clear on that.   I want to get it right since the choice impacts my state tax obligation.  

@Stacey94 wrote: Is Turbo Tax updating It's Deductible and adding it back this month?  From all indications, it seems they were not adding it back.   It's not ItsDeductible from all indications. It sounds like a valuation tool built into the program, similar to what is present as a feature in H&R Block and TaxAct.

Form 4562 is only ready for Schedule C and F. The Schedule E area is currently being updated.    The software should be updated after 02/11/26, but our tech team is working hard to have those updates before that date.

Thank you @PatriciaV    I was successful with all of your directions. Thank you -- and I will look into Expert Assist Business.  I did have one question -- in the very first instruction you mention to remove overides as the values are from the day before the exchange was made (99.99).  That seems surprising to me -- why would that be?  It seems like it would make more sense for this to be the final value held at the end of the year (or after the election), which would be zero.  I just want to double check that.

We anticipate the depreciation calculations within the software should be updated by February 13, 2026. Our tech team is working hard to release the updates before that date.    Sign up for email notification here.

How can I see my TurboTax  fees?  https://ttlc.intuit.com/turbotax-support/en-us/help-article/intuit-account-billing/review-fees-turbotax-online/L1XnIzgzg_US_en_US?uid=m682vq7k   If your TurboTax fees are higher than expected, you can reduce them by removing add-ons     (BEFORE you e-file) :   Remove Premium Services Remove MAX Defend & Restore Remove a state Remove PLUS Help & Support Remove Pay With Your Refund     Or—-Use this IRS site for other ways to file for free.  There are 8  free software versions available from the IRS Free File site   https://apps.irs.gov/app/freeFile/

If you continue to update TurboTax Desktop and open your TurboTax Online (automatic updates) and you still see the 'ready by February' message, it's not yet finalized. Sign up for the update so you will be notified the most efficient and timely way.  It is posted for convenience here.   Please use this link Sign up for email notification which will let you know when the depreciation/amortization will be ready to file with Schedule E. The target date is still February 11th, however the notification will let you know.   @jyeh74  @baldietax 

We anticipate the depreciation calculations within the software should be updated by February 13, 2026. Our tech team is working hard to release the updates before that date.    Sign up for email notification here.