Turbotax 2024 has a bug: the IRA contribution limit went up for 2024 to $7000 (seniors add an extra $1000). Turbotax 2024 still shows the 2023 limits. I know this since I just downloaded my version of the 2024 app for Home & Business. When will this be fixed?
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The desktop software was just released. There are always bugs and updates that have to occur to the software; be patient and wait for the updates that will come along. Tax season and filing for 2024 will not happen until late January at the earliest.
The HSA limits also appear to be last year's. Between these "you entered a value too high" and other "this section isn't ready yet" messages, I really wish they had just waited to release a product ready for use.
But then they wouldn't have my money.,
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