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2025 Depreciation

Can Intuit give us an update if they fix 2025 depreciation and amortization yet? I was given the answer that it will be fixed by Feb. 19, I just updated it and it seems not yet fix it.  

Thank you 

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1 Reply
MonikaK1
Employee Tax Expert

2025 Depreciation

Yes, the programming on the depreciation section was completed with an update the evening of Thursday, February 19th and users were reporting it active on February 20th.

 

See this help article for instructions to manually update TurboTax for Windows if needed.

 

In Desktop versions, updates normally run automatically when you reopen the program. To initiate an update in Desktop, choose Online at the top menu and then Check for Updates.


This has been an especially challenging season, due to late tax law and policy changes and losses in IRS staffing, which delayed getting all of the forms and instructions ready to deliver to software companies. IRS just issued guidance on additional first year depreciation in mid-January.


 

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