When form 5695 will be ready? All the form updates and new instructions have been posted on the IRS website. When Turbotax will catch up?

The Form 5695 is supposed to become available sometime on 2/07/2024 (projected.)   It can occur at any time that date (unless it's delayed.)  Online TurboTax should update automatically when available.   But in desktop TurboTax, however, it won't necessarily show up the minute it is released.  Most routine weekly updates in the desktop product occur on Wednesday night to early Thursday mornings.   So if not during the day, then hopefully an update with the form will come across sometime Wednesday night/early Thursday.   You can use the table in the link below to watch for its availability.   When it's released, there will be a green checkmark in the table.    But again, desktop users may have to wait until the desktop product routinely updates overnight on Wednesday night/early Thursday.   It's also possible, as has happened before, that a form may still be further delayed, kinda like watching the arrivals/departures screen at the airport.  But, hopefully, this one will be released in this week's update as scheduled.

Forms Availability Table