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Do it takes too long for the forms to be finalized?

Many forms and schedules are not yet ready.  When the IRS/state has finalized the forms you need then you will be able to file.  Click Review to see what you have to wait for.  The IRS is not accepting returns until January 27, so there is no hurry to file now.  Filing now would not result in an early refund.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Do it takes too long for the forms to be finalized?

Some forms are available now.   More will reportedly become available on January 22 or 29, etc.   The REVIEW tab in your return should tell you what you are waiting on.  You can check on availability dates here:

 

TurboTax IRS Federal Forms Availability Table:
https://ttlc.intuit.com/community/forms/help/irs-forms-availability-table-for-turbotax-individual-pe...

 

State Forms Availability Table:
https://ttlc.intuit.com/community/forms/help/state-forms-availability-table-for-turbotax-individual-...

 

NOTE:   Even though you may be able to efile now (if your forms are ready), by law the IRS will not issue a refund on tax returns claiming the Earned Income Tax Credit or Additional Child Tax Credit until February 15 at the earliest.

 

Even if you can efile now (if your forms are ready), the IRS hasn't opened up return processing yet this year.   So don't be in too big a hurry.   The IRS doesn't open up to start processing returns until January 27.   If you efile before then, your return will just sit on TurboTax servers until the IRS retrieves it on Jan. 27 (except for a few returns that are pulled early for testing purposes.)    If you efile before January 27 and discover an error you need to correct, you can't retrieve the return.    If the IRS accepts the return on or after Jan. 27, then the only way to correct anything is with an amended return.

 

Every year we see many users who efiled early only to discover a mistake, or get an extra W-2/1099 in the mail, etc., and end up with delayed refunds and having to amend a return.

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