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Get your taxes done using TurboTax
Your CPA is correct, but this should not hold up your filing.
The way this works is this:
- The IRS or state taxing agency releases a tax form for the tax year.
- Software vendors (we all have to do this) create PDF versions of the form and submit it to the IRS for approval.
- The software vendors also create an XML version of the same form (which is actually just tagged data, with no form elements). This is sent to another IRS department for approval, because this is what gets e-filed, so the IRS has to be sure that the XML data was correctly create according to the XML schema for e-filing.
- The code behind the input screens has to be developed.
- The code to calculate numbers and place them on the PDF form and into the XML data file has to be created.
- The new code has to be tested (a lot), even if it is "the same form as last year". This is because forms interact (a lot) so even if a form is the same as last year, its interaction with other forms that did change may cause issues.
- Once tested, the form is made "Available" in the TurboTax system. You can see federal form availability at this page, and states form availability at this page.
We (and I assume the other tax software vendors) have completed the first seven steps before #8. Not to worry.
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‎February 17, 2022
4:18 PM