Message about changes to Form 3800 not being finished

Forum|Forum|2 years ago
February 6, 2024
3 replies
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While doing my Business return for 2023 (S corp) TT gave message that IRS was still working on changes to something to do with Form 3800 but I could continue working on the return. So I finished it all up and am now at the Efile screen.

I have no idea if this change affects my return or not. Should I not file yet? My business had a loss. I want to move on to my personal return and get this all done. But if that will cause the need for amending later, I will wait. When are these new IRS calculations going to be in TT?

Any advice would be appreciated.

TurboTax Business Windows

Best answer by PatriciaV

According to the forms availability table, Form 3800 (General Business Credit) for S-Corps will be ready on February 16. It's best if you wait to run review again and try e-filing after that date.

PatriciaVAnswer

Employee

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RaekaAuthor

Darn. I filed right before you replied. I guess I can run through the return again after that date and see if anything changes on the return.

Thank you for the reply!

Edit: To clarify, my business return did finish and TT E-filed it. It did produce k-1s. As of last week however I have not been able to finish the personal return and list my k-1s. I haven't received any email from TT that its ready yet either.

WilHen02

I did a quick look at the IRS draft version online. In my case it looks like TT is loading it up for carry over tax credits that may be used this year under this form. ( written off sooner)

This form looks like an IRS hold up , not a TT hold up.

Sincitysweets

Now there saying that the software updates on Thursdays, meaning what now it's the 7th ?. What is going on over there. I'm extremely confused by how this can be this bad of an experience. How can other tax places have the form ready and Turbo Tax not.