@geichelb1 wrote:
If the necessary forms are NOT available...WHY does TT make a big deal out saying it is ready and will be available around Thanksgiving? WHOA...I think I have the answer! They can charge everyone for software that is actually of no use!
If TT can not provide software that does what we need until February...fine, tell us that in November and DO NOT use the fact that you have our credit card information to book millions of dollars in sales before the end of the year.
Why - because it is a marketing ploy. Their competitors release early incomplete software so do they. Tax software (including professional) is NEVER complete until January or February because of late tax law changes and the slow IRS process.
After the IRS releases the final paper forms (and some 2020 forms are still in the draft state at the IRS), it usually takes the IRS about 2-3 weeks to release the electronic form specifications that software companies must have to program.
**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**
