I sold rental real estate properties in years 2019 and 2022 and invested proceeds in QOF in both occasions. I was using TurboTax to prepare my 2022 Income Tax Report and could not complete due to TT not supporting Form 8997. I decided going to Intuit ProConnect Tax Online (PTO) to complete my 2022 Tax Return.
I purchased PTO with one individual tax return. My Tax Return can not be e-filed. Since I'm not a IRS approved preparer, I can only do paper filing. At this moment I'm waiting for PTO manually (because I'm a Mac user) convert my 2021 Return in TT into PTO. If you're a PC user, it will be easier. I will begin preparing my 2022 Return in PTO once I have my previous year return ready.
