Congress passed an extension on exclusion from gross income of discharge of qualified principal residence indebtedness. When will this be updated in the TurboTax suit?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

Congress passed an extension on exclusion from gross income of discharge of qualified principal residence indebtedness. When will this be updated in the TurboTax suit?

 
1 Reply
Intuit Alumni

Congress passed an extension on exclusion from gross income of discharge of qualified principal residence indebtedness. When will this be updated in the TurboTax suit?

In December 2019, Congress passed and the President signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019 , providing tax relief for millions of Americans. The law extends many already expired provisions that provide tax relief and support for families and individuals, special tax relief for certain disaster victims, and the extension of energy efficient tax credits.

  • To view the 2019 tax extenders, click here.

 

Congress has passed the Bipartisan Budget Act of 2018 which has become a law. Included in this is the extension of expired tax extenders for 2017, the extension of energy efficient tax credits, and special tax relief for certain disaster victims.

  • To view the Bipartisan Budget Act of 2018 and extenders, click here.

 

Don’t worry, TurboTax has you covered.  For those impacted by a recent law change, we are here for you whether you need to amend your tax return, if you have already filed, or if you have questions while preparing your return. 

 

Related Information:

[Edited 3-11-2020|10:36 am PST]

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Dynamic Ads
v
Privacy Settings