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we have not received official word from the moderators, but it is very likely that the program has not been updated, and that it may be many weeks or even months before the program is updated. The law was passed very recently, and as far as I know, not even the IRS has updated their forms and instructions, or updated their computer system. Even if TurboTax allowed the deduction, it won’t go through until the IRS programs their computers to recognize the situation.
I think you can expect that it will be several weeks before TurboTax is available to accept a 2024 tax return using the new rules, or process amended prior year tax returns under the new rules. Hopefully TurboTax will put out a bulletin or create a mailing list, sign up to receive notification of when the issue is ready to file.
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