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latsyrk14
New Member

5695 form issue - Sitting in Processing

I submitted my return, including the 5695 form, on 02/13/2024. 
The 5695 form is the only new item on my tax return this year. I've never had to wait this long for my tax return to be reviewed/approved. 

On the IRS's "Where's my refund" page, my status has stayed as "Received" since 02/13/2024.

It has been 8 weeks since I filed so I called my local IRS office today and was told they're trying to fix some digital issues with my file on their end.

What is TurboTax doing to resolve this issue with the IRS? Based on the forums I've read, this is 100% an issue with the file TurboTax sent to the IRS.

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1 Reply
Vanessa A
Expert Alumni

5695 form issue - Sitting in Processing

Once the IRS has accepted your return it is out of TurboTax's hand as we have no access once it has been sent and accepted to your return.  At this point, you will need to wait, and keep in touch with the IRS for updates on the status of your refund. 

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