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The 2023 form 5695 implementing the 2022 inflation reduction act has been available on the IRS website since February 2023. what is Intuit's excuse to be a year behind?

the turbotax questions about home energy efficiency credits still assume that we are entitled to 10% of cost of residential building property up to a lifetime cap of 300, rather than an annual credit of 30% of cost capped separately at 1200 for insulation/home envelope, 2000 for energy efficient improvements like heat pumps, and other sub-caps within the 3200. The IRS form giving effect to the legal changes applicable for these expenses in 2023 was published by the IRS in February 2023. It is now late January 2024. Is this not embarrassing to a company that charges money to customers and claims to get them the biggest refund to which they are entitled? Turbo tax would have me forgo almost 3000 dollars in tax credits.
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The 2023 form 5695 implementing the 2022 inflation reduction act has been available on the IRS website since February 2023. what is Intuit's excuse to be a year behind?

  Click Review to see if you are missing some forms needed in order to e-file.

 

Many federal and state forms are not yet available.  Check here for form availability. The dates are subject to change.

 

Tax form availability tool,

 

No hurry to e-file since the IRS will not begin to accept/reject 2023 e-files until January 29.   And….a state return cannot be accepted until after the IRS accepts your federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

The 2023 form 5695 implementing the 2022 inflation reduction act has been available on the IRS website since February 2023. what is Intuit's excuse to be a year behind?

Apparently, you'll have to wait until 1 or 2 Feb to work on it again.

 

Maybe the IRS hasn't approved the TTX implementation of all the new rules.....and there a lot of

them.

 

We are just helpers in this public "Forum".  Complaint noted...but nothing anyone here can do about it.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
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