Thanks for this information. I just found out from a CPA friend about the new SBI form. Apparently the final version of the form was just released this week, which presumably is why Turbo Tax does not support the form. Hopefully they will next year. The accountants are putting most of their returns on extension to give them time to figure out the new form. As I understand it, if you have small business income and you have enough income to put you in the 4.17% bracket (ie taxable income of over $111,229), you will save by filing the SBI form, as it caps tax on SBI at 3.5%.
