When will Schedule K-3 be available through TurboTax? IRS has had form available for months.

[Anonymous_]

The schedule is available currently.

See https://care-cdn.prodsupportsite.a.intuit.com/forms-availability/turbotaxbusiness_fed_windows_partne...

[t.rehmeier@yahoo]

I get the following message:

"You've done a great job starting your taxes early, but the IRS is still working on finishing up the Schedule K-3 for 2021. That means this area isn't quite ready yet.

Check back soon and we'll help you finish up.

Let's keep working on other parts of your return."

[MichelleLO]

Please try logging completely out of the TurboTax website, then clear your browser's cache and delete cookies. A full or corrupted cache can keep TurboTax from functioning properly. If that doesn't work, try a different browser.

If you are still experiencing this issue, please reach out to TurboTax Customer Support for assistance. 

What is the TurboTax phone number?

[Edited 02.19.22 | 8:58AM]

[t.rehmeier@yahoo]

Thanks Michelle.  Unfortunately clearing cache and cookies and three different browsers have all not resolved this issue.  It appears someone else in the discussion groups has the exact same issue.

I will reach out to support, but seems to not be an isolated incident, possible a website issue with Self-Employed version?

Thanks,
Thomas

[midsnake1944]

Not for E file yet

[CarissaM]

Please view the forms availability schedule here, to monitor when this will be available to file. 

[t.rehmeier@yahoo]

The IRS says that it is making the form available in the eFile format on 20 March 2022.  The list provided says "unsupported" rather than a date to add.  Is it going to be available after 20 March or will Turbotax not do an eFile format.

If no eFile format, is there a way to upload a PDF of a completed Schedule K-3 to my e-file return?

[Katina S]

This year the IRS isn't requiring the K-3 form to be filed this year. Here is a thread one of our Tax Experts @PatriciaV discussed this issue.

And here is the IRS's explanation or providing relief for certain partnerships.

t.rehmeier@yahoo

[whoknows24]

I am on TuboTax desktop and I too get the following message:

"You've done a great job starting your taxes early, but the IRS is still working on finishing up the Schedule K-3 for 2021. That means this area isn't quite ready yet.

Check back soon and we'll help you finish up.

Let's keep working on other parts of your return."

Even though the link provided says the K3 form is "available", it also says unsupported for efiling. Since the desktop TurboTax provides efiling, this means it is for practical purposes not availabe to those who have purchased the desktop TurboTax.

What to do?

[TiffanyL]

The form in question is a new form and does need to be printed and mailed in, as it's unsupported for e-file at this time.

@whoknows24

[whoknows24]

But before printing and mailing it I have to enter the info in TurboTax. Where do I enter the k3 info?

I need to enter the K3 data in TurboTax because if I do not TurboTac generates errors in the final Federal smart check. So it is not possible use TurboTax to e-file the rest of the return.

[snaz]

I have the same problem. TurboTax does not let me proceed past Smart Check. I am using TurboTax Deluxe on Mac.

[PatriciaV]

Yes, Smart Check will not let you proceed because Schedule K-3 has been delayed in its release. Once the form is ready, you will be able to proceed past this point and e-file your return.

As a work-around, you have the option to e-file your 1040 return now and amend later in the year when the form is available.

To allow your 2021 personal tax return to be e-filed without Schedule K-3, return to the Schedule K-1 entry for this investment. Uncheck the box for Box 14 and continue. This change should clear the Federal Review process and allow you to e-file.

Once you receive your refund, or are certain that your return has been accepted and processed by the IRS, you can check for TurboTax updates until Schedule K-3 has been released. At that point, you may amend your return.

More info: How do I amend my 2021 return?

[whoknows24]

Thank you Patricia for a finally meaningful answer.

I figured out on my own that an amended return was the only work around - but it is not an ideal answer. Amended returns create additional attention from the IRS something nobody wants.

TurboTax needs to get its act together and fix this like other tax software have. Amended returns are not the answer.

Question:

When filing an amended return, it also has to be mailed in. So the advantage of efiling sold by TurboTax disappears. Might as well not bother paying for TurboTax.