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Form 5404

Why is form 5404 not finalized since IRS said they have finalized this form?


    I assume you're talking about Form 5405; there is no Form 5404. In the yellow "NOT FINAL" section of ProSeries' Form 5405, it says that the ProSeries form is usually available about 15 days after the IRS release. At,,id=169088,00.html, you can see that the form was released on 1/13/09. Do the math, you get 1/28/09.


      I think you mean 5405. Sometimes it takes ProSeries a few extra days to get all the forms finalized. Keep updating and be patient.


        Form 5405 is now finalized and very simple to fill out. The credit will carry forward to line 69 of the Form 1040. FYI: I heard today that a woman went to Jackson Hewitt and is not closing on her home for another month or so, but the preparer went ahead and let her take the credit for 2008, even though she hasn't closed on the house or hasn't moved in. He then e-filed the return, apparently showing an earlier closing date. Beats me!


          They can request the credit in 2008 as long as they intend to purchase before July 2009. He didn't need to change the date.

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