7202 Ramifications

[mariamne9]

Using Turbo Bus & Home. I see that one cannot e file if you use the 7202 form. I am wondering how much deductions are available and if it is worth having to send in my taxes as hardcopy to do this. Initially I saw a $10 credit for the 45 days I listed as not being able to work in community. Then I realized it was the whole year that I was not allowed to be in community and I don't know if it is worth a few dollars more to have to send in physical copy of my tax return. Are there advantages down the line like additional help for self-employed if we have filled out this form? Any more info is appreciated. Note: In order to delete this information and not have to send taxes in I had to completely zero form and then go in and delete entire form to get my taxes to revert to e file.

[Opus 17]

If you can wait a bit, the form is supposed to be e-filable starting on March 12.  You will likely have to install an update if you are using the desktop program, and the updates are sometimes not released to the end of the announced day rather than the morning.

I don't know anything else about this particular credit, but if you are using the desktop version of Home & Business installed on your own computer, you can switch to Forms mode and review the form itself to see the calculations.