@JohnQT wrote:My tax checklist has reminders to address the following (as applicable for the tax year in question): rentals, MLPs, WHFITs, Section 1256 contracts & straddles and Form 6781, Schedule K-1, collectible capital gains and losses, cryptocurrency, FBAR & Form 8938 reporting, etc. I would wager that 90%.....
Yeah, I would be willing to bet that the percentage of taxpayers who do not have to address those issues would exceed 99%. The problem, I think as we know, is that Intuit couldn't care less about even larger percentages in this arena (as in 5-10%) much less an infinitesimal number of users; that's the problem.
In the future, ss a result, taxpayers who have more complex returns will be relegated to whichever company decides to continue developing desktop tax prep software (regardless of whether importing the previous year is supported from other, discontinued, software) or simply taking their docs to a tax pro.
BTW, as an aside, I don't think you can rest assured that your privacy is 100% protected either with online or desktop software if you e-file through any provider's product (including TurboTax). Intuit is going to have information on their servers in order to transmit that data to the IRS in either modality.
