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Level 2
posted Feb 2, 2026 7:27:10 AM

Software is not ready for distribution

Intuit and TurboTax are poorly managed companies and I no longer have confidence. After decades using their product. This is the year I will switch to HRBLOCK or TaxAct. I sold a rental property in 2025 and TurboTax says: "Depreciation and Amortization will be ready by February, but likely sooner". The way they keep pushing the date for this is very frustrating. I called 6 times and I never got a clear answer. I will never use Turbo Tax again.

0 2 2705
2 Replies
Employee Tax Expert
Feb 2, 2026 7:44:07 AM

Form 4562 is only ready for Schedule C and F. The Schedule E area is currently being updated. 

 

The software should be updated after 02/11/26, but our tech team is working hard to have those updates before that date.

Level 2
Feb 2, 2026 7:54:05 AM

Does anyone find this vague answer acceptable ? Oh and BTW there were other deadlines that have been missed.