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Retirement tax questions
The new law was signed less than a week ago. The IRS has not yet issued any revised forms or instructions for it. And TurboTax can't even start to implement it until they get the revised forms and instructions from the IRS. So it will take a while before the option is included in TurboTax. But you can't file your tax return until late January at the earliest, and probably not until early February. And refunds that include EITC can't be paid until the end of February or early March. So there's no need to rush to complete your tax return.
‎January 3, 2021
7:37 PM