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Opportunity Zonea

Forum|Forum|3 years ago
February 11, 2023
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2.11.23
When is Turbo Tax going to support Opportunity Zone investment forms?? They have been around a long time now and I find it very annoying that they will not update their software to handle these kind of transactions.

Currently the only way to handle it while using Turbo Tax is to make adjustments to forms and also fill out another form and then have to mail in the tax return. Cannot e-file when making these adjustments.

Please, Please, Please Turbo Tax......get up to date with what is going on in the investment world!

Best answer by Anonymous_

@debbobb wrote:
When is Turbo Tax going to support Opportunity Zone investment forms??

They may never do so and, considering the posture thus far, most likely will not since there has been absolutely no action or even a hint of some action being taken.

The window for OZs is closing so any action taken now may not be of much utility.

A

Anonymous_Answer

Employee

@debbobb wrote:
When is Turbo Tax going to support Opportunity Zone investment forms??

They may never do so and, considering the posture thus far, most likely will not since there has been absolutely no action or even a hint of some action being taken.

The window for OZs is closing so any action taken now may not be of much utility.