Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Turbotax filing delays
Old 02-28-2014, 07:56 PM   #1
Thinks s/he gets paid by the post
Ready's Avatar
Join Date: Mar 2013
Location: Southern California
Posts: 3,091
Turbotax filing delays

Is anyone else waiting for Form 8960 to be updated in Turbotax so that you can file your federal tax returns? Turbotax has been showing "available soon" for this form for over a month. I saw an article on the internet stating the new forms were published by the IRS yesterday, but apparently Turbotax is still reviewing them and will not update their software unit March 6th now. I don't remember ever having to wait this long before being able to file my federal tax returns.
Ready is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-28-2014, 10:03 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
pb4uski's Avatar
Join Date: Nov 2010
Location: Vermont & Sarasota, FL
Posts: 27,526
They didn't have enough lead time to get that form done.
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.

Retired Jan 2012 at age 65/35/0 AA TBD
pb4uski is offline   Reply With Quote
Old 02-28-2014, 11:24 PM   #3
Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 3,292
According to this link form 8960 is now supported and available:
and an explaination for the delay:

It is the interaction of the 8960 with forms 4835 8814 and Schedules c,e,f,and k-1 that is the problem. The IRS instructions were in draft form. They say that the processing based on the final instructions should be out the middle of next week.
meierlde is offline   Reply With Quote
Old 03-01-2014, 12:23 AM   #4
Recycles dryer sheets
Rosie's Avatar
Join Date: Jun 2010
Location: neither here nor there
Posts: 419
I updated TurboTax yesterday -- I have the downloaded version -- and form 8960 (final) was in that update.
Rosie is offline   Reply With Quote
Old 03-01-2014, 09:03 AM   #5
Thinks s/he gets paid by the post
Ready's Avatar
Join Date: Mar 2013
Location: Southern California
Posts: 3,091
My status just changed to ready. I e-filed my forms this morning. 2013 Taxes now done. Glad to get that off my plate.
Ready is offline   Reply With Quote
Old 03-02-2014, 11:00 AM   #6
Confused about dryer sheets
Join Date: Mar 2014
Posts: 3
I used Turbo Tax Deluxe and form 8660 for a Roth conversion with a basis. I have my state refund and the federal refund has been mailed as of yesterday. I forgot to DD the federal one. I think the update for form 8606 might have to do with any mutual funds investment maybe? My state was rejected because Turbo Tax had to update a form and it told me click on the button to update and I did and it was accepted within minutes. This was the around Valentines Day when I e-filed. I would contact Turbo Tax and let them update if you dont have a fix it button. I know last year I had some issues because I bought a new Apple Computer and it does not have a place for a disk and they did not support form 8606 when doing it in the cloud? So they helped me download the program on my computer but I lost all my input and had to start over and they gave me a free Turbo Tax Deluxe for state and federal e-file. I had disclaimed my husband traditional IRA's and did a small conversion and took his RMD for that year as required and had a horrible time but their lawyers spent 3 hours and 45 minutes with IRS and me getting it to work and in the end the federal went OK but not the state so they told me to just print and send it. Everything went fine last year and this year also with another conversion and the separating of the basis and giving the contingent beneficiaries their share of the basis. Have used Turbo Tax for as long as I have had a computer. I love their support and tax lawyers and community support.
Ally6770 is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
More of the Same... House Equity losses cause retirement delays chinaco FIRE and Money 54 08-04-2011 11:22 PM
IRS Delays Start of Filing Season for Taxpayers With Itemized Deductions MichaelB FIRE and Money 22 12-24-2010 10:32 PM
Vanguard Brokerage Delays Gearhead Jim FIRE and Money 4 01-23-2009 07:11 AM
TurboTax Filing Policy - News freebird5825 FIRE and Money 19 01-08-2009 08:09 PM
Passport renewal delays? TargaDave Other topics 15 04-06-2007 10:36 AM

» Quick Links

All times are GMT -6. The time now is 01:03 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2020, vBulletin Solutions, Inc.