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hra5b
Returning Member

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

 

I'm trying to finish up my tax return but I'm stuck on "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562).  That means this area isn't quite ready yet.  EMAIL me when this form is ready (link)."  It also says "We expect this form to be ready for you on 01/21/2020."

 

It's July 7, 2020 and I have manually updated the program 3 times (like many have suggested) and the program says I'm fully updated.  To add to this, there are 3 other forms that the program keeps saying that the IRS is still working on finishing up, with past dates of when they would be ready.  However, Form 4562 is the most important one. 

 

I'm stuck and can't file my return.  I need help!  Please advise on next steps.

 

Thank you!!!

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7 Replies

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

Did you purchase the software from TurboTax?  I suggest that you uninstall TurboTax and then download a fresh copy from your downloads folder.

 

https://ttlc.intuit.com/community/installing/help/uninstall-turbotax-windows/01/25643

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
hra5b
Returning Member

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

Yes, I've tried several times.  I have even upgraded my system to Window 10 (from 7).   Any other suggestions?

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

Same issue here.  Discovered this issue on 7/11/2020.  Attempted updating and additional research online and nothing.  This is a big deal.

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

I'm getting this message on the 2021 return (Home and Business product).  Is anyone else getting this?  And does anyone know when it will be ready?

DavidD66
Employee Tax Expert

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

Make sure you have  updated the program.  If you're on a PC, open TurboTax and select Check for Updates from the Online menu near the top. On a Mac, simply quit and reopen TurboTax. If there are any updates, you'll be prompted to download them.

 

For more information on updating the TurboTax program, see the following:

 

How do I update my TurboTax CD/Download software program?

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Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

Hi David.  I have been checking for updates every single day. Sometimes twice a day.  Sometimes there are updates, but so far this issue remains.  Have you been able to get passed this?

 

Am I the only one going crazy here?

Help with the following: "the IRS is still working on finishing up the Depreciation and Amortization area (Form 4562)."

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