Get your taxes done using TurboTax

Based on some of the posts some seem to think this issue is a recent one.  This all started when the QBI deduction was first introduced with the Tax Cuts and Jobs Act.  The first tax year allowing the QBI deduction was 2018 however since it was still new the application of it as it pertains to rental activity was not fully clear or defined.  Subsequently the Safe Harbor procedure came forth but was not finalized until 9/24/19.  TurboTax initially did not offer attaching a signed Safe Harbor election to 2019 tax returns but after receiving numerous complaints finally had their developers fix this issue.  This fix (update) was done on 4/1/2020 - see the post below which was copied and pasted from a March 27, 2020 posting included within this same topic.  

Last year when preparing tax returns for 2020 TurboTax again did not not initially offer the ability to attach a signed Safe Harbor statement and they again received nonstop complaints.  Unfortunately for 2020 TurboTax failed to update the software to allow it.  I had to paper file in order to elect the Safe Harbor for 2020.

So, obviously TurboTax is capable of allowing the attachment of the Safe Harbor signed election just as they did with the 2019 software.  Also, this has nothing to do with the IRS as professional tax software has allowed this attachment each year including 2020.  It basically boils down to whether TurboTax wants to put forth the efforts and determine whether it is in their best financial interest. Hopefully if enough customers stress the need and complain TurboTax will make this an option for  as long as the QBI deduction remains.

Form 8995-A Schedule B e-file will be enabled in the update scheduled on or about 4/1/2020.

@blackjack21