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wwilkesc
New Member

I'm trying to complete my 2020 return and turbo says 1040

 
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5 Replies

I'm trying to complete my 2020 return and turbo says 1040

what is your question

 

Also, you can't complete 2020 until you receive your W-2 or other documents from employers, financial institutions etc.

 

The IRS won't even accept them until late January. 

wwilkesc
New Member

I'm trying to complete my 2020 return and turbo says 1040

Thanks - my total question got cut off - my total questions was "I'm trying to complete my 2020 return on turbo and its saying that Form 1040 and Schedule A Itemized Deductions are not ready yet.  However, both of these forms are available on the IRS website right now.  What is the hold up?

I'm trying to complete my 2020 return and turbo says 1040

 because of the time required from when the IRS provides the final, approved forms to the time it takes for TT to assess, program and test any changes and for the IRS to review and approve them. 

 

If you are using TT to estimate your refund / tax due, then it is probably 'close enough'

 

you can't complete your tax return until you receive W-2s from your employer, etc and that won't be until January.  Further, the IRS doesn't accept 2020 returns until late January in any event. 

wwilkesc
New Member

I'm trying to complete my 2020 return and turbo says 1040

OK thanks - I really can't estimate it due to the mortgage interest section of turbotax since you get a message saying this area is not ready yet.

 

Thanks,

I'm trying to complete my 2020 return and turbo says 1040

There are a number of 2020 forms that are still being revised by the IRS.  Click on the REVIEW tab to see what form(s) you are waiting for and when it is estimated to be ready (when operational ….and dates are subject to change) ... 

 

IRS Forms Availability Table for TurboTax Individual (Personal) Tax Products

·         

State Forms Availability Table for TurboTax Individual (Personal) Tax Products

 

Try the Taxcaster tool:

 

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

**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.**

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