Congress just passed the final tax extender laws two weeks ago. The IRS is still working on the final versions of any changed forms. Simple forms (1040EZ) are ready now, but other forms like the 1040 are expected to be ready Jan7 or later..
You can see the scheduled release form dates here:
https://ttlc.intuit.com/questions/1908854-forms-availability-table-for-turbotax-federal-products-exc...
The
IRS will not start accepting and processing returns until Jan 19 even if
TurboTax accepts them earlier starting January 4th. Sending your return to TurboTax before Jan 19
is not actually filing.
In
addition, only some simple returns will be accepted since not all forms are
finalized yet.
There
is no advantage to file early since the return will just sit on the TurboTax
server until the IRS is ready and you will not be able to add or change the
return if you need to once you send it.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
