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Level 2
January 20, 2021
Solved

Form 1065 "Ready Soon"

  • January 20, 2021
  • 6 replies
  • 0 views

Unable to File Form 1065 due to "Ready Soon" status. Has the final version of the form been released yet?

Best answer by Anonymous_

Forms Availability is showing a date of 1/28/2021:

 

https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_fed_windows_partnership.html

6 replies

Level 15
January 20, 2021
Level 2
February 2, 2021

Ready 2/4/2021

Level 15
February 2, 2021

Form 1065 is schedule to be available on February 4, 2021. See the attached list for form availability from the IRS: Forms Availability

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Level 2
February 8, 2021

Looks like it has now slipped to 2/11/21. ☹

Level 2
February 8, 2021

Better 2/11 than 2/28...

Level 4
February 8, 2021

Went to link for form availability, and it showed the form is available.  Updated and ran error check and still got the notice that the forms are not available.  Another glitch with TurboTax that is holding up issuing K-1's and filing.   Had a problem with TurboTax last year with forms availability and after waiting patiently for two weeks was forced to call customer assistance to fix the problem.  Looks like I'll need to call. 

Level 2
February 10, 2021

Feb 10 and still not available.  This is ridiculous.  I have a friend who is tax professional and her software is able to provide a 1065 and K1's. 

 

Level 2
February 10, 2021

Now says ready 2/11/2021

Level 2
February 11, 2021

it is 2/11/2021 and this update is still not available.

Level 2
February 11, 2021

Looking at the IRS website, it looks like the 1065 form is final, but the "Instructions for Form 1065" are not...

https://www.irs.gov/pub/irs-pdf/i1065.pdf 

 

Looking at the info for the Draft Instructions, the IRS is trying to make changes to the reporting of partner capital accounts...

https://www.irs.gov/newsroom/irs-releases-draft-form-1065-instructions-on-partner-tax-basis-capital-reporting 

 

 

Level 15
February 11, 2021

@wngsprd wrote:
 

Looking at the info for the Draft Instructions, the IRS is trying to make changes to the reporting of partner capital accounts...


They actually did make that change.