Sounds like I am going to have to try TaxAct in order to properly report my investment in a QOF. I will normally have have 50+ equity trades to report and Turbo Tax does a good job importing the data directly from my Fidelity and TDAmeritrade accounts. Will TaxAct support this direct download process. If so, once I do the download only two or three of these trades will have been used in my QOF investment. How will it work separating these specific trades out onto forms 8949 and 8997 for reporting the QOF Investment?
Thanks
