Question

QBI Deduction

Forum|Forum|5 years ago
January 24, 2021
1 reply
0 views

Hello,

Since the QBI form is not ready yet, can I back out of it? I cannot find it in the walk through. It wasn't very much in my case. I'd rather get my taxes filed A.S.A.P..

Thanks

TurboTax Home & Biz Windows

M

Mike9241

don't be in a rush to submit your return. the IRS will not open e-filing until 2/12/2021. until then any submitted returns will just sit on TT servers. you will not be able to recall it . since it takes the IRS about 3 weeks to process a return (maybe longer if Covid is causing staffing issues) don't expect your federal refund by direct deposit until early March. even later if you're getting a check