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March 10, 2021
Question

Turbo Tax updates

  • March 10, 2021
  • 1 reply
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When will Turbo Tax be updated to reflect the Covid Relief bill that should be signed into law on 3/11/21?

    1 reply

    Employee
    March 10, 2021

    It can take weeks to several months or more for the changes to be made to tax software.   First the IRS has to change its forms.   The tax software has to be changed; the IRS has to test and approve of the software.   Do not expect changes in the software to happen quickly.   TurboTax may have more information in the near future AFTER the bill is signed into law, and some more details emerge about how Congress and the IRS will implement the changes.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**