My tax software has downloaded an update the last three times I used it. Shouldn't tax software be complete before I start my taxes? And, what if I file an incomplete return because my tax software is not updated when I finish my taxes?
Each year, tax software providers make their products available in retail channels as soon as they can so consumers can get started on preparing their income taxes. However, there are still tax laws being worked out and passed after tax software is released, so you will be prompted to download these updates even if they do not involve tax forms used for your return.
Good tax software will also prompt you to check for one last update before you file, and it will not allow you to print or e-file a final return unless all the forms in your personal tax return have had their final update.
To be extra safe, I suggest not filing or e-filing your income taxes any earlier than mid-February, which is when most tax forms are finalized.
