IRS publication 590A still in draft form

Forum|Forum|5 years ago
February 24, 2021
1 reply
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I need to use IRS Publication 590A and as of 2/24/21 it is still in draft form. How can I file my taxes if the publication is still in draft form? Or do I wait until Publication 590A has been finalized? If so, does Turbo Tax automatically update their software when publications are made final?

Mike9241

Level 15

this is an IRS issue that TurboTax has no control over. first, the Form must be approved by the OMB. Only then can Turboatx start the process of modifying its apps to reflect any changes that are necessary. this does not take place immediately.

Ellis0822Author

Level 2

Thank you for answering. However, how will I know that Turbo Tax has updated their software to the final form of the publication? I do not feel comfortable filing my taxes based on a draft publication. My state taxes rely on figures from the federal taxes, so I cannot file those either.

Cynthiad66

Level 14

You cannot file until the software has been updated and that will be based on IRS final version. Accounts with this issue will receive an e-mail when the software has been updated, however, we suggest that you check back often to see if fixed.

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