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Do this form need to be completed today?

You can stop and come back anytime when using the online program ... either log out or simply close the browser  window.   

 

A LOT of the program is not functional yet mostly due to the IRS not being ready ... they have not yet issued all of the  final forms or instructions for many things so the software companies "punt" for right now until the true game can commence ...

 These first releases of the program are usually very buggy and will require MANY updates before it becomes fully functional which usually will not happen until late January or sometime in February depending on the forms you need.  So patience will be needed as the IRS has not even announced when the 2023 filing season will start yet. 

 

The tax programs this year have had to be reworked (again like last year) by every tax software company due to the changes above since it is not just as simple as " adding a form or worksheet " since many of the forms interwork with each other ... lots of moving parts to coordinate.   And before they can get final approval they need to be tested and approved by the IRS who themselves are not up to speed yet ... this is an impossible situation that will require patience on all fronts. 

 

Although TurboTax may  allow you to e-filed some returns as early as 1/4/24 (IF the forms in your return are ready for filing … see info below)   they are NOT actually sent to the IRS.  TurboTax stores those early filed returns in a holding “POOL”   until the IRS opens for business and “drains the pool”  for processing ...   only then will you get an e-mail telling you if the return was accepted or rejected by the IRS.  

Only the simplest returns can be transmitted to TurboTax early.    Some forms will not be finalized until Jan 25 and some later than that.

https://ttlc.intuit.com/questions/1908854-forms-availability-table-for-turbotax-federal-products-exc...

Do this form need to be completed today?

Nothing can be completed and filed for tax year 2023 yet.  The tax year does not end until after 12/31/223.  The IRS will not be accepting any type of 2023 tax return until mid to late January 2024.

 

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