Rental Depreciation

[user17702468901]

when will the software that I have paid you for be complete with programming for asset depreciation rules for rental property?

[PatriciaV]

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.

[rvillasmiltax]

Why does it take so long to get this update.   If it is not ready by February 13, I will be requesting a refund on my desktop software.  

[DianeW777]

The IRS must be ready to accept this form as well. 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.

@rvillasmiltax 
 

[user17702468901]

Looks like this didn't happen.  Any thoughts if this will happen, or should we plan for alternatives?

[CatinaT1]

The work on this section of TurboTax is continuing and expected to be completed with an update coming after Thursday night (2/19).  The best time to check for a change will be Friday (2/20).