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Level 2
Jan 20, 2021 12:13 AM UTC
Solved

Form 1065 "Ready Soon"

Unable to File Form 1065 due to "Ready Soon" status. Has the final version of the form been released yet?

Level 15
Jan 20, 2021 12:27 AM UTC

13 replies

Level 15
Jan 20, 2021 12:27 AM UTC
Level 2
Feb 2, 2021 3:14 AM UTC

Ready 2/4/2021

Alumni - Intuit
Feb 2, 2021 8:26 PM UTC

Form 1065 is schedule to be available on February 4, 2021. See the attached list for form availability from the IRS: Forms Availability

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Level 2
Feb 8, 2021 3:06 PM UTC

Looks like it has now slipped to 2/11/21. ☹

Level 2
Feb 8, 2021 4:42 PM UTC

Better 2/11 than 2/28...

Level 4
Feb 8, 2021 5:45 PM UTC

Went to link for form availability, and it showed the form is available.  Updated and ran error check and still got the notice that the forms are not available.  Another glitch with TurboTax that is holding up issuing K-1's and filing.   Had a problem with TurboTax last year with forms availability and after waiting patiently for two weeks was forced to call customer assistance to fix the problem.  Looks like I'll need to call. 

Level 2
Feb 10, 2021 5:26 PM UTC

Feb 10 and still not available.  This is ridiculous.  I have a friend who is tax professional and her software is able to provide a 1065 and K1's. 

 

Level 2
Feb 10, 2021 8:12 PM UTC

Now says ready 2/11/2021

Level 2
Feb 11, 2021 9:24 PM UTC

it is 2/11/2021 and this update is still not available.

Level 2
Feb 11, 2021 1:03 AM UTC

Looking at the IRS website, it looks like the 1065 form is final, but the "Instructions for Form 1065" are not...

https://www.irs.gov/pub/irs-pdf/i1065.pdf 

 

Looking at the info for the Draft Instructions, the IRS is trying to make changes to the reporting of partner capital accounts...

https://www.irs.gov/newsroom/irs-releases-draft-form-1065-instructions-on-partner-tax-basis-capital-reporting 

 

 

Level 15
Feb 11, 2021 1:16 AM UTC

@wngsprd wrote:
 

Looking at the info for the Draft Instructions, the IRS is trying to make changes to the reporting of partner capital accounts...


They actually did make that change.