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JOHNLCOOK
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How do I know how the new one big beautiful bill will affect my tax return. I used turbo tax last year?

Does the turbo tax app allow me to see how the new tax bill will affect my 2025 tax picture?
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5 Replies

How do I know how the new one big beautiful bill will affect my tax return. I used turbo tax last year?

No, the TurboTax 2024 software does not incorporate the tax data within the the newly passed bill.  The TurboTax 2025 programs will have this tax data included.  The 2025 TurboTax program should be available in mid-November for the desktop edition and in mid-December for the online editions.

How do I know how the new one big beautiful bill will affect my tax return. I used turbo tax last year?

You may be able to make some guesses as news stories come out.  But TurboTax won’t be out until November.  

How do I know how the new one big beautiful bill will affect my tax return. I used turbo tax last year?

also realize that when the 2025 TurboTax comes out, it may not reflect all the provisions of the new tax bill. 

How do I know how the new one big beautiful bill will affect my tax return. I used turbo tax last year?

https://turbotax.intuit.com/tax-tips/general/taxes-2021-7-upcoming-tax-law-changes/L3xFucBvV?cid=em_...

**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.**

How do I know how the new one big beautiful bill will affect my tax return. I used turbo tax last year?

@Mike9241 

Let me clarify that to say that, when the first version of TurboTax is released in November, it may not include all of the changes. However, by the time the program is updated and ready to file in January, it will, of course, fully incorporate the current tax law.

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