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Level 2

Question

Form 7206 (not done)

128 replies
751 views

I entered all the information on Form 7206, but the software still says Form 7206 (not done) with the red explanation mark. Is it because the IRS form is not ready yet? Is waiting until February 7 the only thing I need to do?

Ask the Experts - Early Filers - Jan 2024

MayaD

Alumni - Intuit

Yes, the form won't be available in TurboTax before 02/07/2024.

It takes some time to incorporate IRS forms into TurboTax. While they may be available from the IRS on a given date, we need a few days to make the forms available for use in TurboTax.

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pat10722

Level 2

DOES THIS MEAN THAT i WILL BE ABLE TO EFILE IF I HAVE A FORM 7206? KEEPS SAYING I HAVE TO FILE BY MAIL

johnonthecape

Level 2

I found someone to talk with at TurboTax. [phone number removed]

I also found on irs.gov a copy of the new form. It has not available for use before 2/6/2024

The IRS is the problem at the moment.

She tried to get an answer from an expert and could not.

I told her that there are a lot of us very frustrated and she needs to tell someone.

She said February is the month where the IRS and Turbotax resolve issues. She encouraged me to wait a few days.

It could be Monday or it could be March 1

Jerry

I too reached a live person at TT today. As many now observe, the new final (non-draft) version of IRS Form 7602 is now available with TT updates. In my case, in the "forms" view, the red error mark has disappeared. But, as you say, when you do the review it still says you can't efile with this form. My rep had no personal knowledge of this issue...but checked with her people without much new info. I'm now about where you are...she said to be a little more patient but TT will fix the problem "soon". I could not find ANYTHING on the IRS website that indicated 7206 was incompatible with e-filing. So...stay tuned I guess!

Charisma80

Level 2

Are we atill waiting in this one till 02/07/2024??

pkm1

Level 3

If you have self employed health insurance deductions you must wait until TT finalizes the form 7206. It is filed out in TT with a red flag warning that it is not yet ready for use. I have seen on several blogs that people are deleting the form so that they can e-file early. Although I believe form 7206 will not affect most returns, unless it is included you stand to incorrectly take the self employed health insurance tax deduction when you may not be entitled to do so. This is a new form and so that noting it was not present on 2022 returns does not matter it is necessary for 2023.

DianeW777

Alumni - Intuit

The form is required to be filed if you are using the deduction.

Use Form 7206 to determine any amount of the self-employed health insurance deduction you may be able to report on Schedule 1 (Form 1040), line 17. The link will provide further details for you.

The scheduled date for release remains at February 7th, however use this link for up to the minute information.

When will my forms be available for TurboTax Online or Desktop?

@pkm1

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ashleighdahl17

Level 2

It’s Feb 7th, and it still won’t let me file.

PatriciaV

Alumni - Intuit

According to the Forms Availability Table, Form 7206 will be ready to file on February 7, 2024. We recommend that you wait until the next day, update TurboTax (if using the desktop version), run Review again, then attempt to e-file.

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justwanttofilemytaxes

Level 2

Makes sense. "It'll be available on 2/7, but it won't actually be available until 2/8." 😐🙄

Ronnie29

Level 2

Today is 2/07/2023 and form 7206 is still not available.

Mo723

Level 2

Any updates to when this form will be available? I’ve paid for the service and at a hold to finish filing because of this .

waiting2file

Level 2

Can we please get some clarity on the delay of this form? I would like a refund to go file elsewhere if intuit is going to further delay this form and not provide answers.

justwanttofilemytaxes

Level 2

Glad I'm not the only one confused and waiting for this ONE FORM to file. Hopefully there's an update sometime very soon!

Cdavid395

Level 2

I don’t see the form .

AFarley120119

Level 2

How do you find the form? It just keeps telling me “form will be available 2/7/24”

where am I supposed to actually go to fill this out???

Anonymous

With TurboTax you won't access/edit the actual form. You answer questions and fill out items that they then put into all the relevant actual forms that get sent to the IRS. So what we were waiting for was for TT to integrate the form into their systems. They sent an email out today saying they did and its ready but when I login it still says its not yet available. Once it is, you will be able to simply finish your TurboTax like normal and it won't give the warning about not having 7206 yet. Hopefully they get resolved soon.

Paige lestock

Level 2

Still not available