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Form 8606 not ready until mid-February?

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  • Form 8606 not ready until mid-February?

    It might not surprise you to hear that I p much had my taxes ready to file before the new year even happened.  Had all the variables loaded in and ready to go, just waiting on verifying documents from brokerage, mortgage lender, and W-2 (no inaccuracies so far).

    However, the IRS can take a little while to have forms ready.  My tax software (H&R Block Premium, free for military btw) tells me that the IRS does not yet have a Form 8606, and a quick irs.gov search verifies this.  H&R Block doesn't seem to think form 8606 will be ready until February 16th.

    Kind of a bummer that I have to wait so long, but oh well.  The forms that apparently won't be available (according to H&R Block) until 2/16/2018 are:

    • Form 1099-C Cancellation of Debt

    • Form 1099-S Proceeds from Real Estate Transactions

    • Form 982 Reduction of Tax Attributes Due to Discharge of Indebtedness

    • Form 1099-Q Payments from Qualified Education Programs

    • Form 2210 Underpayment Penalty

    • Form 4684 Casualties and Thefts

    • Form 8606 Non-deductible IRA Contribution

    • 1040X and extension paperwork (obv)


    Oh well.  Weaksauce.  And this doesn't even take government shutdown into account (idk how much it affects IRS tbh).

  • #2


    Oh well.  Weaksauce.  And this doesn’t even take government shutdown into account (idk how much it affects IRS tbh).
    Click to expand...


    Maddening. I can't submit either. Was ready in December too.

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    • #3
      Gosh, I am lucky if I get my K-1's by the end of March!

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      • #4
        I'm trying to think of a change to Form 8606 required other than a global search and replace of 2016 -> 2017...

        I got nothing.

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        • #5
          You mean not everyone files an extension?

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          • #6




            I’m trying to think of a change to Form 8606 required other than a global search and replace of 2016 -> 2017…

            I got nothing.
            Click to expand...


            Agreed.  Trying to think what could have changed for tax year 2017.  Makes me wonder what the deal is.  Why would one bother with this?  How is it anything more than changing the "6" to a "7"?

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            • #7
              In the OLD days, we would have whited out the "6" and written in a "7". You could still do that, I bet - just have to paper file.
              Our passion is protecting clients and others from predatory advisors. Fox & Co CPAs, Fox & Co Wealth Mgmt. 270-247-6087

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              • #8




                Gosh, I am lucky if I get my K-1’s by the end of March!
                Click to expand...


                Exactly. I'm far more focused on getting my 1099s, W-2s, and W-3s out than I am about even my business return, much less my personal return. The only reason I can think of for someone to try to do their taxes on January 23rd is if they overwithheld and are expecting a refund. Stop doing that and you'll stop caring.
                Helping those who wear the white coat get a fair shake on Wall Street since 2011

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