Form 5695 Final Update

Same company different software.  Ford makes cars and heavy duty trucks.  You aren't going to fit the engine from an F750 into an Escape ------- kinda the same difference.  Unfortunately, instead of comparing forms between Lacerte and ProSeries, you should probably be comparing forms between ProSeries and Turrrrddddotax.

They are 2 completely different programs with completely different programming. 

Each one needs to get forms approved by IRS before they can be finalized.

IRS doesn't even open for processing until the 29th, and if HR7024 (Tax Relief for American Families and Workers Act of 2024) gets passed, we may be waiting for more updates even later than that.

We all just need to take a deep breath and do what we can now and set aside what we have no control over.

Unfortunately, the developers/programmers of ProSeries don't program the software according to tax law.  They program it based on IRS forms, instructions and publications.

The IRS has not released the final version of the Instructions for Form 5695 yet, so the ProSeries developers are just waiting.

UPDATE WAS TO BE 02/07/2024 FORM STILL BLOCKED IN PRO SERIES. DOES NOT FLAG IN EFILE BUT FORM SAYS NOT READY