Get your taxes done using TurboTax
Sadly, this message "blog" or "list" or whatever it technically is..... is NOT helping Turbo Tax Customers at all, rather it is simply adding to confusion. I am no expert, but do tend to chase/research things when I am trying to determine WHY things aren't working... here for anyone's consideration is what I have discovered;
- The IRS has in fact finalized the Form 7206 and it is no longer in Draft form.
- Some people have posted that other Solution Providers (i.e. H&R Block) are able to file...
--- Strangely, the IRS website that lists "Acceptable Forms" for tax year 2023;
--- does NOT show Form 7206 in the list of "acceptable" which is interesting IF other providers CAN upload;
- Form 7206 being REQUIRED by the IRS in your submittal is ONLY if one of three different reasons (previously posted on this chain) are encountered.
--- Read the 1040 Schedule-1 Line-17 instructions for the 2023 Form 1040 filing on the IRS website (https://www.irs.gov/pub/irs-pdf/i1040gi.pdf)
--- You will see Schedule-1 instructions start on page 85, with Line-17 spanning pages 90 and 91.
--- There is a "worksheet" in the instructions that can be used INSTEAD of the Form 7206 AND....
------ The 7206 requirement is listed (on page 91bottom left) as an EXCEPTION and that is where the 3 reasons the form would be required are detailed.
So as I stated earlier, I am not the expert here BUT..... It would seem to me that TurboTax has possibly TWO errors where one MIGHT NOT be their software's problem;
1) IF you don't meet the Exception triggers to require 7206, then TurboTax's code IS AT FAULT for forcing that form to be included in your return.
2) IF you DO meet the IRS Exception Requiring Form 7206, even though the IRS has published a final, NOT DRAFT, version of this form... it appears POSSIBLY they haven't updated their "Schema" to actually ACCEPT the form by file. This would NOT be a TurboTax issue and instead would be an IRS one.
Hope this information helps folks some
