topic Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be blank. This asset is not qualified property for the special depreciation allowance. All these assets are carried forward from my 2024 tax retur in Investors & landlords

Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be blank. This asset is not qualified property for the special depreciation allowance. All these assets are carried forward from my 2024 tax retur

TrustTaxPerson — Thu, 05 Feb 2026 19:04:28 GMT

Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be blank. This asset is not qualified property for the special depreciation allowance. All these assets are carried forward from my 2024 tax return and are 2021, 2022, and 2023 assets.

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

RobertB4444 — Thu, 05 Feb 2026 20:50:44 GMT

The programming department is aware of this issue and working on a solution. It is expected very soon. There has been an update today that may fix the issue and if not then please check back next Thursday.

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

msavilleHOTR — Fri, 06 Feb 2026 23:49:21 GMT

I am having the same problem with prior year Special Depreciation Allowance already taken and giving me the same error message (not qualified asset for SDA). Mine was for 100% SDA taken in 2019 for fencing land improvements0 on rental real estate property. Please keep me aware of TT softwsre fix status.

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

quercusfalcata — Sat, 07 Feb 2026 01:29:34 GMT

Yes, I have the same problem for an asset that is clearly qualified, but it throws error on the asset. Entry Worksheet. This is just horrible software that is poorly written and poorly tested. Turbo Tax Business 2025 charge me 180.00 for this piece miserable written and tested software. I would be embarrassed if I was on the development team to inflict this on the public.

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

RobertB4444 — Wed, 11 Feb 2026 23:07:10 GMT

The update to fix this issue should be processed by tomorrow, February 12th. Please log in on Friday to check and make certain that all updates have been applied.

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be blank. This asset is not qualified property for the special depreciation allowance. All these assets are carried forward from my 2024 tax

mikegarrity — Wed, 11 Feb 2026 23:19:07 GMT

I am not holding my breath waiting for an apology or partial refund from Turbo Tax for all the wasted time

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

DianeW777 — Thu, 12 Feb 2026 00:07:26 GMT

Use this link Sign up for email notification which will let you know when the depreciation/amortization will be ready to file.

@mikegarrity

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50% should be blank. This asset is not qualified property for the special depreciation allowance. All these assets are carried forward from my 2024 tax

littlescholars — Fri, 13 Feb 2026 18:57:39 GMT

This is error was fixed with today's (2/13/26) Update!

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

jguneysu — Fri, 20 Mar 2026 06:16:58 GMT

Help! None of my rental property depreciation and items carried forward from 2024! If I have to do it manually, I do not see where I can enter the value of the property itself, date placed into service, etc. Also, for new items, it starts out by asking if any property was put into service in 2025 only.. I looked at the tax forms created for 2025 and the items are all on the Depreciation and Amortization Report, but, they are not on the 2025 tax forms. What can I do? Will this problem be fixed? and if so, if I already imported my 2024 info to get started on 2025, will it be copied forward anyway?

Re: Form 4562 Depreciation Options - Asset Entry Worksheet (Asset Name): Qualified Prop 100% & 50...

MarilynG1 — Fri, 20 Mar 2026 22:57:35 GMT

Yes, if you're adding an Asset, you'll be asked when it was put into service. If it's a new asset placed in service for 2025, there are several depreciation options to choose, which is why TurboTax asks this.

If nothing transferred over from 2024, you could open your 2024 TurboTax and re-save your file to your desktop. Then open a new return for 2025 and transfer it. Or, look in

Documents > TurboTax for a .tax2024 file with a 'tilde' sign in front (it's a backup copy).

You shouldn't have to re-enter everything for 2025, but if you don't have many assets, you could do so. Use the Asset Entry Worksheet from your copy of your 2024 return, showing original cost, date placed in service, etc.

@jguneysu