You'll need to sign in or create an account to connect with an expert.
Although the forms availability table indicates that Form 4562 is ready to e-file, the final update for depreciation calculations within the software has not been released.
We anticipate the depreciation calculations within the software should be updated after February 13, 2026. Our tech team is working hard to release the updates before that date.
Please be aware that this update will affect depreciation for Schedule E (Rental Properties) only. Schedule C (Self-Employment) was updated previously and should be working in all versions of TurboTax.
We should know it’s after the 13yh because you are responding on the 14th. I guess TurboTax don’t have a definite date?
latest update here per @DianeW777 - "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. "
(IRS released instructions for this form on 2/11)
I've been advised today by management that the work on the depreciation section of TurboTax is continuing and expected to be completed with an update coming the evening of Thursday, February 19th.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
bythecreekside
New Member
jwcman21
New Member
bobserkiz
New Member
virgil_voeller
New Member
tennyson
New Member