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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.
Today is Feb 17th and I’m still getting the same inactive message. When will it be released this year?
If it’s not ready on Feb 19, does management have a plan to address all the dissatisfied customers or encourage them to seek another service platform?
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