@10Kosmo wrote:
The stimulus bill was signed into law yesterday Thursday 3/11. I look forward to prioritized TT update so I can incorporate relevant changes to my return and receive quicker $1400 direct deposit and larger refund as well.
Thank you
After the legislation has passed Congress and after the President has signed the legislation and after the IRS has written the rules, regulations and procedures. And after the IRS has changed any forms or schedules to accept the tax code changes. And after the IRS has approved the changes in the TurboTax program that apply to the tax code changes, then it will be available for the users of the tax preparation software.
This can take anywhere from several weeks to several months before it becomes available.
See this TurboTax support FAQ for information on the American Rescue Plan - https://ttlc.intuit.com/community/tax-topics/help/how-will-the-stimulus-package-impact-me/00/1393859
