turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

rajiv416
New Member

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

Hi

I have been waiting patiently for this update to file my tax return. Please provide a firm, RELIABLE update on when form 4562 for Schedule E (rental property) will be available.  IRS website shows the updated 4562 released on Jan 26 (nearly 20 days ago!).  I had called TT customer service on Thursday (Feb 12) and was told it will be active by Feb 13th which turned out to be untrue. 

Look forward to a firm date please.

 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
DianeW777
Employee Tax Expert

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

The work on that section of TurboTax (Rental and depreciation of rentals) is still in process. The updates are now scheduled to be released with next week's updates, which usually come through Thursday night. 


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

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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

Thanks for at least replying. However, TT can no longer be relied on to be trusted. You are costing me money, that with each passing day makes me more and more upset that I even chose TT to begin with. Now saying, we'll possibly see the updated form in this week's TT updates, is unreliable at best, or maybe even a bold face lie just to keep customers hanging on. Terrible customer service. 

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

You should have a "Thumbs down"👎  icon choice at the bottom of your messages.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question