I think the TurboTax support for the highest level of their software referenced in other posts may be Lacerte, which isn't really available to the average user (need an EFIN to use and file).
I came to the same conclusion to give TaxAct a try this year. However, the online version doesn't seem to support Opportunity Zone Funds. The download version is supposed to support this, but I'm hesitant to spend $100+ to try it. I've also tried to call TaxAct multiple times to get clarification, but the wait times are normally 1.5+ hours. I also sent an e-mail asking for clarification over a week ago, and no response. Not very reassuring, but might be the only way to file this year without getting a CPA.
I also got an estimate from E&Y (I think they call it TaxChat). The fee was $2,500, but included about 25 K-1s, so it might be cheaper for many. The only issue is they make you sign a disclosure that your information can be released to other E&Y entities around the world, specifically India. So basically they are offshoring the handling of these returns. Might be a good option to consider, but not 100% confident even they will know how to handle Opportunity Zone Fund investments.
Thanks to everyone who is sharing insight into this process, even though it seems like it would be very easy to make a few updates to calculations and forms for all tax software programs to support Opportunity Zone Fund investments.
