OP here. In case anyone else was having the same issue, this was a TurboTax problem. I switched to TaxAct and was able to file.

Anonymous wrote:

Anonymous wrote:Admittedly I earn a lot of income and need over 100 forms before we can file, but what is the big deal? It's not due until April 15 and if you are waiting for a refund that is a result of your idiocy for withholding too much. Now when a brokerage account sent me a an amended 1098 on October 16, that is annoying.

Off topic, but why do Americans always state this as if allowing our own govt (which is broke) to withhold a little extra during the year is such a bad thing?

Back when you could earn decent interest in a savings account, there was a rule of thumb that it was better for the money to be in your account that the govt's. Nowadays I think it's a matter of personal preference, but many people still act like it's stupid to get a refund no matter what.

Anonymous wrote:Admittedly I earn a lot of income and need over 100 forms before we can file, but what is the big deal? It's not due until April 15 and if you are waiting for a refund that is a result of your idiocy for withholding too much. Now when a brokerage account sent me a an amended 1098 on October 16, that is annoying.

You're not an idiot to over-withhold if your income stream is not predictable and you are trying to avoid an underpayment penalty.

I'm in the pissed-off camp because my tax prep was completed 2/15, I am claiming a 5-figure refund, and TaxAct won't permit me to e-file because the Instructions to Form 8960 (not the Form itself!) are not final. I believe they are blaming this on the IRS, but that rings hollow. Why can't either one permit me to file, subject to the risk of having to amend later if the final Instructions somehow would change the return. This is FUBAR and not really explainable on a rational basis.

Anonymous wrote:
Off topic, but why do Americans always state this as if allowing our own govt (which is broke) to withhold a little extra during the year is such a bad thing?

Umm, because it is? Why let the government hold on to your money throughout the year? I'm as liberal a liberal Democrat as walks this earth, but don't see the argument that we ought to give the "broke" government our money so it can earn a little interest to be compelling. I file quarterly, pay exactly what I owe, and everyone is happy.

Anonymous wrote:Admittedly I earn a lot of income and need over 100 forms before we can file, but what is the big deal? It's not due until April 15 and if you are waiting for a refund that is a result of your idiocy for withholding too much. Now when a brokerage account sent me a an amended 1098 on October 16, that is annoying.

Off topic, but why do Americans always state this as if allowing our own govt (which is broke) to withhold a little extra during the year is such a bad thing?

Anonymous wrote:I filed mine (using online statements) on the 28th and got my refunds today! Granted we have a simple solution - but way to go IRS!

Me too, I got my state refund back, in my bank account, a couple days ago

11:26 here - I knew the amounts would be around $300 because they're around $300 every year. as they were again this year - I got my statement yesterday. yay! (and yes, it was the 1099 - I forgot the #.)

I think you mean 1099=R for a retirement account. Isn't a 1098 for mortgage interest?

Admittedly I earn a lot of income and need over 100 forms before we can file, but what is the big deal? It's not due until April 15 and if you are waiting for a refund that is a result of your idiocy for withholding too much. Now when a brokerage account sent me a an amended 1098 on October 16, that is annoying.

The IRS site shows that Form 8960 was posted on 1/23/2014. However, the site does not show a posted date or any other information on the instructions. That is because the instructions are still draft - TurboTax is waiting for the final instructions since draft instructions are subject to and often do change.

Anonymous wrote:I'm irritated too - I'm just waiting for 1098 interest statements from my IRA accounts. The amounts of interest and dividends will be literally maybe $300, so they're completely insignificant, but they're holding up my ability to do my taxes. (I have my W-2's and all my mortgage interest and tax statements and all my receipts for charity stuff.) I'd really like to be able to knock something off my to-do list.

If you know the data why do you need the form? And why would you be getting a1098 for an IRA?

Banks follow the law. They follow the dates set forth by congress for sending the forms. Don't blame them.

It sounds like you have a turbotax problem, not an IRS one.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:IRS employee here. Form 8960 for 2013 is available on irs.gov.

OP here. When I go to the IRS website, it says that the 8960 form is a draft form and it can't be used for filing. This wonderful investment income rule went into effect Jan 1, 2013, so the IRS has had a whole year to come up with the tax form. I really would like to submit my taxes so I can determine exactly how much I owe. Like another poster said, I want to knock taxes off my to do list.

Hmm, I am on the web site and it does not say that for me. Go to:

Irs.gov
Click the orange forms and pubs rectangle
Click the current forms and pubs blue rectAngle
Type 8960 in the find box and click find.

Success?

Yes, that way seems to work. Thanks! I'm confused why turbotax won't work (and still said the form isn't released) and why some IRS.gov searches were giving me an old/draft form.

Now who's the idiot?