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Schedule E depreciation delay?

I notice for rental property depreciation looks consistent from 2024 to 2025 for one of the rental properties.  However, for the other rental property, 2025 decreased a lot from 2025 depreciation.  It says "depreciation and amortization will be ready by February, but liekly sooner"  We are updating this section for latest tax laws.  How long should I wait?  Will this likely change the 2025 depreciation on the strange decrease property?  I am getting the same message on the first property that has the stable year after year depreciation.  Just the second one looks funky.

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3 Replies
DianeW777
Employee Tax Expert

Schedule E depreciation delay?

Please use this link Sign up for email notification which will let you know when the depreciation/amortization will be ready to file with Schedule E. Anticipated update is February 11th.  

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Schedule E depreciation delay?

@DianeW777 do you know if that’s the last update or a series of updates?

DianeW777
Employee Tax Expert

Schedule E depreciation delay?

Updates are happening throughout the tax season for various reason including IRS requirements and changes. With tax law changes comes diligence on both sides for taxpayers.

 

@jyeh74 

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