Message from TT that says taxes can't be filed because Gov is still working on Like-Kind Exchange Forms - Thoughts?

Forum|Forum|4 years ago
February 10, 2022
1 reply
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The message from TurboTax that says "we can't file your return just yet because the government is still working on finishing up certain tax forms that are in your 2021 tax return. In the box below this message, it shows Form 8824 Like Kind Exchanges ---- Ready Soon.

What should I expect from this message?

TurboTax Home & Biz Windows

MinhT1

Level 15

Form 8824 will only be ready by 03/31/2022.

Please read this TurboTax page on the availibility of tax forms in TurboTax CD/Download.

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Clockwork-12Author

Level 2

Is this delay in form 8824 just a Turbo Tax issue? The current form 8824 (from IRS website and Turbo Tax documents) is dated 2021. I don't understand what the government is going to do since the form is recently dated. No one from the qualified exchange office I used has heard of the delay.

DianeW777

Level 15

The form being available, and removed from draft, does not necessarily mean the IRS is ready to accept it through e-file. There have been unprecedented changes over the last two tax seasons for everyone. Currently the like-kind exchange, Form 8824, has an availability date of March 31, 2022 for both mail and e-file.