I've been waiting to input info about the sale of rental property. I still get a message saying, "Depreciation and Amortization will be ready by Feb., but likely sooner."

[larson_kristin]

I know they're "updating this section for latest tax laws," but now it's February. Any idea when it will 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.

[larson_kristin]

This is a helpful response. Thank you!

[PLBHalpern]

It would be more helpful if the forms were actually ready on Feb. 13th - as they are not.

[larson_kristin]

Bummer. 

[MonikaK1]

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.

@PLBHalpern 

@larson_kristin 

[larson_kristin]

Thank you for the update!