I sold a rental property in 2025 and TurboTax says: "Depreciation and Amortization will be ready by February, but likely sooner". When will these schedules be ready?

[PatriciaV]

Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations within the software has not been released.

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.

[karlwchristensen]

It seems the forms are still not available for this functionality. Is that correct?

[MonikaK1 · Accepted solution]

I've been advised today by management that the work on the depreciation section of TurboTax is continuing and expected to be completed with an update coming the evening of Thursday, February 19th.