Will Turbo Tax 2020 Premier reflect the increased limit on deductibility of cash donations to 100% of AGI for 2020 only due to the Pay Protection Program Act?

[xmasbaby0 · Accepted solution]

TurboTax will reflect all of the tax laws in effect for your 2020 tax return.  The software must be approved by the IRS and must use all of the tax laws in effect.

[Critter-3]

When the program is fully operational sometime in January or February next year it will conform to all the current tax laws.  

[RRHLMF20041040]

Thanks!  Really appreciate expert help.

[HowCanWeAlphabetize]

Any idea when a preliminary version will be available in TurboTax? 

[Critter-3]

The state and federal government approve the most common forms first and work their way down the list. Please see these links for form availability. Once a date shows up, the reality should be close. Once released, Turbo Tax will work quickly to get it working in the program. Links are updated constantly.

Federal form availability

State form availability