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When will Turbo Tax update the 2024 software?

The capital gains inclusion rate from 1/2 to 2/3 from June 25th 2024 is still programmed into this software, yet that situation has been changed. The inclusion rate is now 50% for all of 2024.

 

When will Turbo Tax be changed to reflect this new situation?

 

The Loss Worksheet is also in bad shape. When will it be corrected?

1 Reply

When will Turbo Tax update the 2024 software?

The issue related to Schedule 3 was reported to our teams. Unfortunately, this is not a situation under our control. At this time, some CRA forms are still being reviewed by them for the 2024 tax season, which could explain why some calculations are not done correctly or do not appear, and this has an effect on other calculation linked to this schedule.

 

We invite you to contact our product support team by phone, if you think this is not related. 

They have access to tools we don't have here in Community, like screenshare, and see the issues to escalate into an investigation if needed.


Thank you for your patience and choosing TurboTax.