caliben888
Returning Member

Get your taxes done using TurboTax

First, TaxAct worked out great for me for filing electronically with QOF since I switched from TT. 

 

TA has limited importing capability.  I forgot if they support Fidelity or TDAmeritrade.  I have Schwab which they don't support.  They do have a method to import Excels exported from my Schwab accounts.  It requires some manual process but it worked.  I have over 200+ trades and TA imported them flawlessly.  I did manually checked each item to make sure nothing was missing.  It took me a whole day to switch from TT (which I was essentially done except the lack of QOF support.) to TA. But I found the effort was well worth it since I was able to file electronically.  My refund came in less than 2 weeks!

 

BTW:  For those of you who are considering sticking with TT and file by mail, I heard IRS is so backup right now due to the Covid disaster checks that they are not going to process any mail-in tax returns for a few months!  In case if you have a refund coming, you may want to re-consider this strategy.