Schedule E depreciation

Forum|Forum|6 years ago
December 26, 2019
3 replies
0 views

This form seems to be out on the IRS sight but still says we are waiting for it on Turbo Tax

Anonymous

after its out. TT programmers must write to code to have the form. Anyway it's too early to file

JustineS72

Level 2

Still waiting for this today. Any ideas why it's still not on TT?

ThomasM125

Level 15

When I run the federal tax review, it shows that forms need to be revisited for Depreciation for Schedule E. I have updated the forms and gone through each asset entry and this message is still there. Do I still need to do anything?

Do you see a red exclamation mark next to the asset entry worksheets? That would indicate that there is something that needs to be corrected on the form.

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rjs

Level 15

Forms don't go instantly from the IRS web site into TurboTax. After the IRS issues a form TurboTax has to update the software, test it, and submit the updated software to the IRS for approval before it can be released to users. There are a huge number of forms that all have to be updated for the new tax year. TurboTax will give priority to the ones that are used the most, or that are most likely to be needed by people who file early. Go to the following link for a list of the estimated availability dates for federal tax forms in TurboTax.

IRS forms availability table for TurboTax individual (personal) tax products