@johnf2 wrote:
Bro, if legislation passed 12/12/24, I don't think our 22 software on 1/2/25 has been updated yet. Checking now... https://steube.house.gov/taxrelief/
There are 3 provisions in the disaster relief act. For the non-taxability of fire payments, the program doesn't have to be changed. All you need to do is remove the income and recalculate your tax and refund. For non-taxability of hurricane Milton payments, just leave them off your 2024 return. No programming change is needed. For the revised casualty loss deduction, Turbotax does need to be reprogrammed, and it has not yet because not even the IRS has revised their forms yet.
