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New Member
posted Dec 14, 2020 7:42:50 AM

Update for Retirement and Investment sections

Does anyone know when these sections will be updated?  Unable to use now.

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1 Replies
Level 15
Dec 14, 2020 7:44:47 AM

 

The IRS is drafting new 1099R forms.  Then the software has to be programmed for them, and the IRS has to test and approve of the software.  It is a complex process because of the all the CARES changes.  It could even be a couple of months.  Meanwhile if you are trying to plan, if you have desktop for 2019 use the what if feature--but it will not have that CARES stuff.

 

 

 

Click on the REVIEW tab to see what it is and when it is estimated to be ready (when operational) ... 

 

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

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