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Forms not ready (Depreciation for Schedule C)

Hey, Friends - I've been having an issue with Turbo Tax that hasn't been resolving. Mid January, I imported my info from Quickbooks self employed to TurboTax. Everything was working smoothly. When I got the the deductions section, I selected "Standard Deduction" when prompted. The next page said that this would reduce my takes by about $2,000. However, the figure at the top of my screen did not reflect this change.

Next, I completed more steps to see if this change would occur and if there was anything else I needed to do. At the end of the federal taxes section, I saw a notification that "A form was not ready yet". It was the "Depreciation for Schedule C" form. I selected the option to be notified when the form was ready.

I got the notification a few days later, and logged back in to complete the process and file taxes. But, I still got to the same page saying the form was not ready. Only now, there was not a date listed for when it would be ready like before.


So, I'm curious if anybody knows if...

1. There's anything else I need to do to make the standard deduction work and reduce my taxes

 

2. There's any info about when this form will become ready, or if there's anything I need to do.

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3 Replies
Crush
New Member

Forms not ready (Depreciation for Schedule C)

Were you ever able to find a solution to this? I am still having this problem and it is March.

Forms not ready (Depreciation for Schedule C)

Nope - I ended up switching to another company called Tax Act. Was getting impatient and just wanted to get it over with. I had to enter all my info over there again, but it was a similar price and got the job done. Good luck!

KrisD15
Expert Alumni

Forms not ready (Depreciation for Schedule C)

Depreciation schedules are updated and ready to use in the TurboTax programs. 

If you are using Desktop, please update the program. 

How to update TurboTax

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