topic NYS IT-196 Mortgage Interest Adjustment (2021) in State tax filing

NYS IT-196 Mortgage Interest Adjustment (2021)

Mont2010 — Wed, 02 Feb 2022 15:25:51 GMT

Turboxtax has an issue with the NYS IT-196 Mortgage Interest Adjustment question. I cannot efile my NY taxes unless I "fix" this issue by "checking for updates" on the Turbotax website. There are no updates for this. Without the fix, Turbotax is telling me I must mail my form - ugh! Anyone experiencing this issue?

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

kmdwil0406 — Tue, 08 Feb 2022 15:24:33 GMT

I have the same issue, waiting for an update that is non-existent and I'd like to file. Can someone from Turbo Tax please reply or at least look into the issue?

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

TA82 — Tue, 08 Feb 2022 19:59:21 GMT

Any updates from Turbo Tax on this? No way I'm paper mailing this...

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

di837885 — Tue, 08 Feb 2022 20:01:36 GMT

I have the same issue

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

fhmayne — Tue, 08 Feb 2022 21:17:14 GMT

I'm having the exact same issue, but did not get a message to "file by mail".

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

Mont2010 — Wed, 09 Feb 2022 01:55:50 GMT

Thank you everyone for responding. I'll provide an update as to what I did to work around this issue. Basically, googling everything, I found that NYS did not include Turbo Tax in its list of identified vendors providing e-filing services, which told me there was not going to be a NYS "update" found on Turbo Tax. I decided to create my tax forms again and submit with [Another Major Tax Preparer] software provider that was endorsed on NYS website. I did this and submitted my forms through the second provider. However, there is a very key element to this strategy, which if not followed, will not work. IF you e-filed your Federal form on Turbo Tax, you will not be able to submit a second Federal form (unless it's an amended form, which is another process). A second submission will be rejected by the IRS, and if your federal form is NOT accepted, your state form will not be accepted. Additionally, you are unable to submit a [NYS] state form unless you submit a Federal form. The federal and state forms go hand in hand. I submitted my Federal form through Turbo but held back on my NYS form. Doing so created the situation where I could no longer e-File my NYS form. I ended up mailing it. A lesson learned for future filings.

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

TA82 — Wed, 09 Feb 2022 18:00:26 GMT

This seems like a huge workaround and could expose risk of incorrectly filing. From what I understand, from another post, TurboTax is aware of the issue and will deploy a fix tomorrow.

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

bubajones — Wed, 09 Feb 2022 18:03:53 GMT

WHAT is Turbo Tax douing about this

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

bubajones — Wed, 09 Feb 2022 18:05:23 GMT

0ne can only hope that Turbo Tax will step up and fix the problem

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

TA82 — Wed, 09 Feb 2022 18:05:39 GMT

I understand that there will be a fix delpoyed tomorrow. I saw this on another thread.

I literally can not proceed to file here.

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

kmdwil0406 — Wed, 09 Feb 2022 18:12:45 GMT

I asked a question about this issue on the Facebook page - the tech replied that the fix for this would be available on 2/10. So hopefully it is.

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

Mont2010 — Thu, 10 Feb 2022 00:21:13 GMT

Annoying, definitely. Good news is regardless of news reports, the IRS was extremely swift at processing the return. NYS is always a different story.

Re: NYS IT-196 Mortgage Interest Adjustment (2021)

TA82 — Thu, 10 Feb 2022 14:44:18 GMT

Issue is resolved. I just filed NYS. TY