UPDATE AVAILABLE NOW on Turbo Tax so if you open your 2022 tt and click on "Online" then "check for updates" and let tt install the update.
I just updated and filed my federal for the SEVENTH time, so don't believe the rumor going around that you can only e-file five times, it obviously is not true. This update DID NOT MAKE ANY DIFFERENCE - IRS STILL REJECTED MY RETURN.
As far as what we've previously found about the IRS is working on an update which is due to be fixed 2/5/23, nothing has changed on the IRS site pertaining to this issue:
www.irs.gov/e-file-providers/known-issues-and-solutions
it brings up: Tax year 2022 Production Known Issues and Solutions (Updated 01/25/2023)
The first line refers to tax year 2022 and when you click the link and scroll down a bit you can find form 8960:
Date entered - 1/17/2023
Form Type - Form 8960
Issue Type - Business Rules
Description of the Problem - Form 8960 Business Rules F8960-019-04 and F8960-003 may cause returns to erroneously reject. These business rules need to be modified to reflect the updates to the Instructions for Form 8960 (Tax Year 2022) regarding the Specific Instructions for Line 4a to include Schedule C (Form 1040) amounts reported on Schedule 1 (Form 1040), line 3 and Form 1041, line 3.
Solution(s) - Business Rules F8960-019-04 and F8960-003 will be updated in early PY2023
Projected Resolution Date – 02/05/23
Date Resolved – field is blank
Status - OPEN (as of today 2/2/23)
