Will TurboTax update the geothermal energy credit for 2017?

bassman321 — Tue, 04 Jun 2019 19:43:25 GMT

The new budget includes a renewal of the geothermal tax credit for 2017.

Since the spending bill with the tax extenders has just b...

DoninGA — Tue, 04 Jun 2019 19:43:26 GMT

Since the spending bill with the tax extenders has just been passed and signed into law, both the IRS and tax preparation software companies have to change various forms, schedules, worksheets and calculations to conform with the extenders in the bill. It will be several weeks before anything is finalized at the IRS and with the TurboTax software which must also be approved by the IRS after they have completed their own system configurations.

Go to this IRS website for information - https://www.irs.gov/newsroom/irs-statement-on-retroactive-extender-provisions

See this TurboTax support FAQ for information - https://ttlc.intuit.com/questions/4241639-tax-relief-the-bipartisan-budget-act-of-2018

The software is updated now!

chris21 — Tue, 04 Jun 2019 19:43:28 GMT

The software is updated now!

topic Will TurboTax update the geothermal energy credit for 2017? in Deductions & credits

Will TurboTax update the geothermal energy credit for 2017?

Since the spending bill with the tax extenders has just b...

The software is updated now!