3609190
There is NO good reason for Turbo Tax not to include Form 8990 in (all versions of) their software. It may be true that some people would not be required to file the form; however, there are many people that are! Simply do a search online and you will find countless people with the same issue. This form IS included in other TT versions, but only for those who are filing 1065 and not 1040! And, if you want to comply and file Form 8990, you are directed to the IRS website and instructed to complete the form manually. In that case, you can't file electronically and must mail your entire printed return. It's absurd.
You'll need to sign in or create an account to connect with an expert.
Try TaxAct.
No other DIY software preparation firm has 8990 in their individual income tax prep packages.
I don’t believe Tax Act does either. Whether or not other DIY software companies include it isn’t the issue. The issue is that TT doesn’t include the form because, according to them, most individuals don’t need it. That’s not a good reason. And, as I mentioned before, they do support the form in another version. Unfortunately, that version doesn’t include 1040.
@gsusan63 wrote:I don’t believe Tax Act does either.
Check their web site. Your're wrong; they do support the form.
@gsusan63 wrote:.......according to them, most individuals don’t need it. That’s simply not true.
How on earth would YOU know that? I would presume the exact opposite is the case; MOST individuals do NOT need the form.
@gsusan63 wrote:......as I mentioned before, they do support the from in another version. Unfortunately, that version doesn’t include 1040.
Yeah, I know; it's TurboTax Business, for the record.
Again, you have choices. TaxAct DOES support the form, so why not simply use that product to prepare your income tax return(s)? Complaining that TurboTax doesn't include it on this forum will do you no good whatsoever, it will accomplish exactly nothing.
Why so defensive? I stand corrected. It’s not true for most people; however, this is an issue for a lot of people. You should read some of the other posts. In my opinion, they should include it. Bringing it up in this forum seems reasonable to me. Btw, if TaxAct does support the form, then I’m happy to use them instead.
@gsusan63 wrote:Why so defensive? This is an issue for a lot of people. You should read some of the other posts.....
Because your attitude about this issue is annoying, that's why. There are not just millions of taxpayers who file using TurboTax, there are TENS of millions. Only a small fraction (definitely less than 1%) ever post a question on this board and only an infinitesimal fraction of those posts involve Form 8990.
If you read ALL of the posts, the foregoing is readily apparent.
Whatever.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
johngalt
Level 1
Newby1116
Returning Member
turbosapper
Level 1
in [Event] Ask the Experts: Tax Law Changes - One Big Beautiful Bill
tianwaifeixian
Level 4
matto1
Level 2