I am trying to amend 2016 for Harvey casualty loss. The amounts have not been changed on the form to reflect current law. Has TurboTax been updated?

[JessicaF2]

any updates here yet?

[punraybrit]

Has the 2016 amended software been updated to reflect 2017 hurricane casualty loss?

[carolsawaya858]

Any updates on this ?

[SamiaI]

It will take some time since the spending bill has just been passed and signed into law. The IRS and tax preparation software companies have to change various forms, schedules, worksheets and calculations to apply the changes. It may take a few weeks before anything is finalized at the IRS and with the TurboTax software which must also be approved by the IRS after they have completed their own changes.

You can visit IRS website to get more information:

https://www.irs.gov/newsroom/irs-statement-on-retroactive-extender-provisions

See the TurboTax support FAQ below for information:

https://ttlc.intuit.com/questions/4241639-tax-relief-the-bipartisan-budget-act-of-2018