Question

Forms not ready (Depreciation for Schedule C)

Forum|Forum|6 years ago
February 8, 2020
1 reply
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Hey, Friends - I've been having an issue with Turbo Tax that hasn't been resolving. Mid January, I imported my info from Quickbooks self employed to TurboTax. Everything was working smoothly. When I got the the deductions section, I selected "Standard Deduction" when prompted. The next page said that this would reduce my takes by about $2,000. However, the figure at the top of my screen did not reflect this change.

Next, I completed more steps to see if this change would occur and if there was anything else I needed to do. At the end of the federal taxes section, I saw a notification that "A form was not ready yet". It was the "Depreciation for Schedule C" form. I selected the option to be notified when the form was ready.

I got the notification a few days later, and logged back in to complete the process and file taxes. But, I still got to the same page saying the form was not ready. Only now, there was not a date listed for when it would be ready like before.

So, I'm curious if anybody knows if...

1. There's anything else I need to do to make the standard deduction work and reduce my taxes

2. There's any info about when this form will become ready, or if there's anything I need to do.

TurboTax Self Employed Online

C

Crush

Were you ever able to find a solution to this? I am still having this problem and it is March.

R

revben32123Author

Nope - I ended up switching to another company called Tax Act. Was getting impatient and just wanted to get it over with. I had to enter all my info over there again, but it was a similar price and got the job done. Good luck!