When is Turbotax planning to update the software to allow me to file this form for 2025 tax year?
Thanks
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Form 7217 is not supported by TurboTax.
If you have a property distribution (reported in box 19, code C of your Schedule K-1), you have to manually fill form 7217 and file by mail.
I got an extension and probably won't file until months from now. I was hoping the Turbotax would update the program to include this functionality before I need to file....?
The form is not available for individual returns in TurboTax, in any version, and is not expected to be added this year.
Since TurboTax does not support Form 7217, you can fill out the paper form from the IRS website and mail it with your return. You will need to print your entire tax return and include the completed Form 7217 before mailing it to the IRS.
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