When updating rental properties or assets with Form 4562, some TurboTax Desktop customers may see a screen that says, Depreciation and Amortization Under Construction, followed by this message:
You've done a great job starting your taxes early, but the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562) for 2021. That means this area isn't quite ready yet. Check back soon and we'll help you finish up. Let's keep working on other parts of your return.
We're currently working to resolve this issue. If you'd like to receive updates, sign up below.