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Level 7
November 2, 2024
Solved

Beginning date for the updates

  • November 2, 2024
  • 4 replies
  • 19 views

Hi online community, 

Does anybody have an idea when they are going to start with the updates for TY 2024? It looks that Form 1040 shows the correct standard deduction in the field, but on the left side it seems to have the 2023 amounts. Thanks everybody. 

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Best answer by TaxGuyBill

It is usually completely useless until mid-December.  If I remember correctly, last year it was completely useless until mid-January.

As a general rule, ProSeries does not update the software until the IRS issues the "final" forms and publications (despite the fact that most of the information was available a year ago), so the new-year updates usually depends on whenever that happens.

4 replies

IRonMaN
Level 15
November 2, 2024

They released their 1982 Yugo.  At this point in the game they release something that tends not to be functional.  But by releasing something, they can justify charging your credit card now instead of sometime in January when the software is mildly functional.  I don't see that they have provided a release date page yet so everybody is flying in the dark.

Slava Ukraini!
Level 15
November 2, 2024

It is usually completely useless until mid-December.  If I remember correctly, last year it was completely useless until mid-January.

As a general rule, ProSeries does not update the software until the IRS issues the "final" forms and publications (despite the fact that most of the information was available a year ago), so the new-year updates usually depends on whenever that happens.

Intuit Community Champion
November 2, 2024

You should also wait until mid January before transferring clients from 2023 (I only do it when clients drop off paperwork for 2024) otherwise you will wind up with a mess. 

BobKamman
Level 15
November 10, 2024

@Terry53029 wrote:

You should also wait until mid January before transferring clients from 2023 (I only do it when clients drop off paperwork for 2024) otherwise you will wind up with a mess. 


Same here, because it seems to me that the more clients are loaded into one year's program, the slower it runs.  Might just be my imagination.  

I thought the November sales were only to subscribers who wanted a discount from the January price.  That might be my imagination, also.  If we were forced to wait till January to pay for it, many of us would be complaining about having to forego the tax deduction for another year.  

IRonMaN
Level 15
November 11, 2024

"Same here, because it seems to me that the more clients are loaded into one year's program, the slower it runs."

Might be time to upgrade from that Commodore 64 😃 

Slava Ukraini!
PATAX
Level 12
November 2, 2024

Please do not take this the wrong way, but one cannot do any returns until January at the earliest, many returns cannot be done until February or after, so why ask about this on November 2nd?

Level 4
November 3, 2024

because they seem to be wanting our $$$ already

 

Level 7
November 3, 2024

I tried to download the 2024 software today and it doesn't look like it's not available yet. IS IT?

I know it's still the preliminary version (been using it for almost 25 yrs) but I like to "pre-fill" the client's tax return if possible (sale of a personal residence, etc) to get a head start and save precious key strokes and follow ups during tax season.