Problem with TT Business no allowing 100% Special depreciation allowance

Program glitch? Turbotax Business is allowing the entry of an asset (purchased in June 2025) as being eligible for the special deduction allowance (which I then approve), but not on final 4562. There is a red X (indicating an error) on the line "Percentage for Special Depreciation Allowance" on the Federal Asset Entry Worksheet, which means it's not filling out Section B on Form 4562 properly.

 

I have updated the software earlier today (1/30/26) and deleted and re-entered said asset. Nothing works.

 

PatriciaV
Employee Tax Expert

Troubleshooting

We anticipate the more complex depreciation calculations within the software should be updated after February 13, 2026. These updates should include Special Depreciation for new assets. Our tech team is working hard to release the updates before that date. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"