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Returning Member
posted Feb 7, 2024 2:36:35 PM

bug - current version of Turbo tax still using 2022 inflation reduction act numbers instead of higher credits for 2023

Turbotax is still using the old 2022 numbers for the tax credits due to inflation reduction act.

for example, qualified gas tankless water heater only getting 10% credit rather than the 2023 credit of 30%,

 

when can we expect a updated to fix this.

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1 Replies
Level 15
Feb 7, 2024 5:59:55 PM

There is supposed to be an update tomorrow, Feb. 8, that is expected to fix it.