On the screen where you were told that you were itemizing your deductions, there was a very clear sentence telling you that your return would not be filed until mid-February and a place to change to the standard deduction. You do have to read what's on the screens. We can put this info in, but we can't force you to take the extra seconds to read it.
For those who are blaming turbo tax for this, I'm just completely shocked. It has been on the news for a month now about the delays. If you do not pay attention to the world outside your door, that is not the fault of turbo tax. It is not the fault of turbo tax that the IRS is rejecting some filings, that would be on the heads of the IRS. And to blame turbo tax because you can't make your BACK payments on your mortgage? Really? For starters it's going to take a mortgage company months to foreclose and sell your home out from under you, not 2 weeks, and second of all if you are counting on a tax return to save your house you need to move to a house you can AFFORD.
This is ridiculous. I put in to take the standard deduction so I wouldn't be affected by the delay. Then I entered an education credit of a small amount, and the box did not come up that it would affect my return. After I filed it, I got an email from turbo tax saying it would be delayed. I contacted turbo tax and they said to contact the IRS to reject it. But from what I've read turbo tax still has my tax file and they won't submit it to the IRS until February 14. I don;t want to take this credit but I am unable to change my return and I can't seem to get any help.
Yes. Turbotax is holding all returns with Schedule A until February 14th when the IRS will begin accepting them. I'm concerned that Turbotax did not adequately inform their customers that using a Schedule A, whether or not you have deductions affected by December tax changes, can delay your filing. I guess they did not want to miss out on the business. You can verify at IRS.gov, that's where I got the correct answer.
On the screen telling you whether you were taking itemized deductions or the standard, there was a short paragraph giving you exactly this news. It seemed quire a good place to put it as there was a box right there for you to switch to the standard deduction if you did not want the delay. The info was also posted throughout the program where there were delayed forms, deductions, and credits.
Why when I completed my tax return with Turbo Tax they didn't inform me of the delay because of the tax law in December, they allowed me to complete and then said it would be up to 8 days when I finished and gave them my bank information.
I was told February 14th is the day the IRS would start processing itemized returns. I received this info from turbo tax after I filed. The wording I saw as I completed my returns as well as what I had heard on the news was that "some" itemized returns "may" be delayed. I too would have chosen not to itemize because there was only a $5 difference between the standard deduction and itemizing for me. I don't blame TT for the IRS delay but I have always used them for the great little reminders and advice they provide and I do feel it could have been stated differently such as having the filer check off a box saying it "will" impact your return and you acknowledge it at that time..........turbo tax software could have identified that fact with certainty at that point......... in doing that a very long blog filled with frustrated customers could be avoided.
I just spoke to the IRS. They stated the following: Itemized deductionas will be processed on Feb 14th, and will need to be re-submitted. Currenty all of these files are in a holding pattern with turbotax and such like My question : Will turbotax be resubmitting or do we hav't to????
Just got off hte phone with the IRS. They stated the following; All itemized Fed forms will start to be filed on Feb 14th. All itemized submitted forms are in a holding patten with Turbotax and other tax preparers. My question is to turbotax: Do we hav't to resubmit are forms on Feb14th or do you????
I filed on 1/20 and once it was determined (by TT) that itemized deductions was my best option, I saw the information about my return not be processed until mid-February. I later received notice that it had been updated from mid-February to February 14. It stated VERY plainly that it would be delayed. For those that say they didn't know, did you read everything on the screen before proceeding? This is my 2nd year using TT and I've very pleased with them. You cannot very well blame TT when it is the IRS who isn't processing payments until 2/14.
I knew there would be a delay and I opted for it anyway. After all, it's only an additional 3 weeks or so. I'm sure the earlier you filed, the sooner you will get your return. I figure I should have my return by the 25th.
On the screen where you're told you are itemizing, there is a note telling you that your return will be delayed in processing until the 14th and you have the option there to change to standard deduction. That information is clearly given to you multiple places in the program. You can read the prior entry by another user who went back to verify the existence of this note and tells everyone what she found.
I filed my taxes (Schedule A) 1/24/11; as I own a few properties and still have an education loan commitment for my MBA. There was a VERY clear, 1/2 paragraph sentence that clearly states this method (Schedule A, education expenses, etc) would be delayed do to the passing of CC (Congress Crap - I try to stay out of politics). The message was quite visible.
For those of you who missed it, must have been clicking "next" at the speed of light just to see the end of the tunnel for the final refund rewarded.
Base your submissions on education (reading and understand). TT is a TOOL, it is not a system that automatically completes your tax filing process for you.
I understand everyone's point of view. I, too, was relying on money some years ago due to a death in the family. Since it was that IMPORTANT and DYER that I have it, I took my taxes to professional to have the entire process explained to me. With that said, if you really were expecting your rebate quickly, or was unsure of the rebate return process, you should have sought out help from a tax professional not a TOOL guided/relying upon your entries for the end result.
i filed my taxes through turbo tax on 1/21/11. Ive received my state refund on 1/28/11. I have been trying to see my stat on my fed through there web site and no info is available. When should i see my return in my account?
SallyL66 -- If you have already efiled your return with TT, you do not have to resubmit your return on 2/14. It is being held until the IRS is ready to capture it and will happen automatically when the IRS "opens for business".
Files, if you moved in 2009, and had a reasonable expectation that you would be working at least 39 weeks, then you could have claimed the expenses. (You would be required to repay the deduction if you lost your job.) You can't claim the deduction in 2010 because you paid it in 2009, so at this point, if you have now worked at least 39 weeks, you can go back and amend your 2009 return.
(If the 39 week requirement was taken as an absolute, that you must move AND work 39 weeks in the same year, then only people who moved in the first 13 weeks could ever qualify, and that's not what the deduction is about.)