Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

When will Turbo Tax update the 2024 software?

@Mike M6 Schedule 3 is still locked by CRA and not finalized by yet. Please refer to this link Why does TurboTax say my forms are locked or haven't been finalized? 

We do not have any ETA on this yet but as soon a these forms gets finalize we will be updating them in TurboTax for an accurate calculations.

We appreciate your patience.

adube_tax
New Member

When will Turbo Tax update the 2024 software?

According to the CRA, the software company is responsible for the capital gain software updates.

You seem to suggest we are all waiting for CRA?  Please clarify.

Thanks

 

Please note that this information was provided by the software developer. If you find discrepancies in the information provided, please contact the software developer directly. The links are provided for your convenience and are to be used at your own discretion.

 

<https://www.canada.ca/en/revenue-agency/services/e-services/digital-services-individuals/netfile-ov...

 

Not supported for the 2024 tax year:

  • Capital Gains (certification in process)
  • Electronic transmission of Non-Resident Status Returns – Emigrant Returns
  • Electronic transmission of Form T1134
  • Electronic transmission of Special Elections & Returns – Forms T217, T2057, T2059, UHT-2900, and E-Documents
  • Form T2203 – Provincial and Territorial Taxes - Multiple Jurisdictions
  • Form T1273 – Limited occurrences of Crop inventory valuation and productive capacity and Livestock inventory valuation
  • More than 4 Selected Financial Data (SFD) entries per self employment type
  • More than 3 SFD entries for Principal residence
  • Form T1198 – Statement of Qualifying Retroactive Lump-Sum Payment (certification in process)