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Get your taxes done using TurboTax
I had to switch away from TurboTax because of the unsupported QOF reporting. I looked into TaxAct, but was ultimately unsatisfied with they way Tax Act handled Form 8997 Part II. I made a QOF investment in calendar year 2021 that affected tax year 2020. TaxAct wasn't reporting this correctly. Ultimately I switched to another Intuit product called ProConnect. It's professional grade software that requires some IRS registrations to use. Best to use a CPA if you're unfamiliar.
‎October 27, 2021
6:50 AM