topic Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren... in Investors & landlords

I keep receiving "Depreciation and amortization will be ready in february" when adding my rental. So far, I can't file my taxes because of that.

ahmed-fahmy-hussein — Fri, 13 Feb 2026 12:00:37 GMT

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my rental. So far, I can't file my taxes because of that.

TurboMEH7294 — Fri, 13 Feb 2026 12:56:32 GMT

The frustrating part is the ambiguous language being used...."will be ready by February" or even "after February 13th". What does that mean? April? September?

Even more concerning is that the software will let users file their tax return, even though they attempted to add rental information [unsuccessfully]. Why would the software perform a review, tell the taxpayer that everything is complete and ready to file, after this?

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

ThomasM125 — Fri, 13 Feb 2026 14:24:46 GMT

I noticed the depreciation is available in other modules, but you are correct it is not yet available in the rental section when working online with TurboTax. I believe these problems stem from last minute changes to the depreciation rules as a result of recent tax legislation. TurboTax can only work as fast as the IRS allows when there are last minute rule changes.

[Edited 2/13/26 at 6:24 AM PST]

@TurboMEH7294

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

wfupargolf — Fri, 13 Feb 2026 13:35:43 GMT

Hmmmmm....... I checked today and it's still not working in the online version. Why do Turbotax employees continue to give us false hope and erroneous answers? Can you tell us why H&R has had this available for weeks and Turbotax has not been able to get their act together on it? Just be honest please.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

ahmed-fahmy-hussein — Fri, 13 Feb 2026 13:47:58 GMT

For me still not working for app, online and desktop

"Depreciation and Amortization will be ready by February, but likely sooner"

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

wfupargolf — Fri, 13 Feb 2026 14:33:44 GMT

Well, the OBBB that changed these rules was passed on July 4, 2025. H&R had it ready for tax season. It’s not last minute IRS changes.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

TurboMEH7294 — Fri, 13 Feb 2026 14:41:37 GMT

@ThomasM125 I understand that changes in tax laws can drive delays in tax preparation software, but labeling this as ‘last minute’ is exaggeration…IRS changes happened 19 January. What I still can’t understand, and what you did not address, is why the software lets you complete your return and file knowing that this portion is still missing?

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

ThomasM125 — Fri, 13 Feb 2026 14:55:37 GMT

It is likely that if you did not enter new rental property in 2025, then your depreciation entries would not be affected by the new legislation. If you needed to enter new property, you were informed that the program cannot handle that yet, so you would have been unwise to file your return without entering the new property additions.

@user17704258203

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

TurboMEH7294 — Fri, 13 Feb 2026 15:02:50 GMT

Yes, it would be unwise to file in this situation, which is why I am pointing out that the software should catch this during the review and prevent the user from filing, or at least flag that something is missing. As it is, the review is completed, and the user is told that everything looks great.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

chemdude — Fri, 13 Feb 2026 15:17:01 GMT

How do we get a refund for what we paid for Turbo Tax this year? I have been using TT for over a decade and never had a ridiculous problem like this with depreciation forms. Even the free tax software sites have already handled this. All we are getting are lame excuses as to why it's not done.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

user17706743261 — Fri, 13 Feb 2026 17:56:18 GMT

But we're not being informed. Even though the legislation doesn't affect our depreciation, the software isn't calculating it and there's no flag alerting users. You have to manually look into the "asset" category to see the note that "Depreciation and Amortization will be ready by February."

Also, TurboTax has said numerous times that you "can only work as fast as the IRS lets us"... yet all of Turbo Tax's competitors have managed to make this available by now.

Ready by February if not sooner... February 11th if not sooner, February 13th if not sooner, by the weekend if not sooner. This question has been raised in numerous discussion threads and the response from TurboTax has been vague unapologetic excuses.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

mgc6288 — Sat, 14 Feb 2026 06:11:14 GMT

Quit the whining. TurboTax is an awesome program! So what if it is not done in FEB. So what. You have until 4/15 to file! Relax. You going to jump ship now and go pay some professional 100x because you are upset of a lag in release? I've used TT since 2009 and it is awesome and a godsend for those of us who understand math and wish to do our own taxes. I have multiple properties and I'd have to pay thousands to a tax professional but instead with proper organization I can file my own taxes for less than a $100. Wow. I love you TurboTax! Now stop the whining.

@user17706743261

@chemdude

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

LikelySooner — Sat, 14 Feb 2026 13:03:14 GMT

But…we want our money and we want it now! Also, it’s mainly asking for transparency and an actual date….not vague answers. When is TurboTax going to respond to this post?

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

mntaxpayer357 — Sat, 14 Feb 2026 14:33:26 GMT

The website said January 21, then Jan. 26th, then by February, then Feb. 13th. I don't mind waiting as long as a company is up front about it but this is the 4th time they haven't delivered on their time estimate. When is this going to be ready? What is the hold up here.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my rental. So far, I can't file my taxes because of that.

user17701379795 — Sat, 14 Feb 2026 16:45:40 GMT

Turbo Tax needs to come clean about when the Depreciation and amortization will actually be ready. Today is February 14th and its still not available.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

mgc6288 — Sat, 14 Feb 2026 17:05:27 GMT

I agree. I'm ready to file myself but I'll wait if need be. Without TurboTax what are our options? Investors like us have a far bigger challenge in completing the 1040 and all the schedules on our own. Ugh. A lot of these schedules I never knew existed outside of TurboTax. So do we then turn to spending thousands on a tax return specialist? I like TurboTax because I believe it is unjust for Americans to have to pay big dollars every year just to see how much we owe in taxes. That's crazy!

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

TurboMEH7294 — Sat, 14 Feb 2026 18:25:03 GMT

@mgc6288 I just asked chatgpt what the best online alternatives to TurboTax are. The #1 answer was H+R Block online. So there you go.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

mgc6288 — Sat, 14 Feb 2026 19:17:26 GMT

Be careful with that AI stuff my friend... I personally will not use an online service. I exclusively use the Desktop version as I am a huge proponent for data staying at home. Then again my main field is IT.

If HR Block has a Desktop version then I'd probably consider that when/if TT decides to abandon the Desktop version. Already rather annoying TT requires Windows 11 but a virtual W11 works fine for this instance.

It'll be a rough day when I have to decide between online only and hiring a professional.

Learning a new Desktop platform however isn't that difficult and is worth the learning curve, to me, over trusting a third party to hold my online data, as well as require an annual membership to access it...

Back to this topic however, I'll stick with TT Desktop even though they're "behind" on scheduling. I understand it and am familiar with it. Plus, at the end of the day, I'm not late (without extensions) until 4/15.

@TurboMEH7294

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my rental. So far, I can't file my taxes because of that.

Kalikameyer — Sat, 14 Feb 2026 19:42:18 GMT

I have experienced this too. I have completed both fed and state except for depreciation on single rental. Frustrating, especially when I am expecting refunds.

Since I did not add any assets in 2025, I am thinking that I can go ahead with filing both and not worrying about the software not being completed but I am a little worried about doing that.

Re: I keep receiving "Depreciation and amortization will be ready in february" when adding my ren...

user17711002944 — Sat, 14 Feb 2026 20:20:48 GMT

WHEN WILL THIS BE READY? I want a date and time since no one at TT has answered this question despite it being posed multiple, multiple times.