Subject: Re: FrreFillableForms IRS
"It takes me at least 8 hours of battling with the awful TaxAct software, due to capital gain"
I had a Sch-B, Sch-D, and the 1040 to fill out. Luckily, my Cap Gains that I had calculated
matched up with how my broker compiled the 1099-B that gets sent to me and the IRS, so it was
super easy to fill out the Sch-D. Also had to manually calculate how much the tax was
going to be on the cap gains and qualified divs, I used the step by step page in the
paper instruction book for that. So there is definitely some thinking to do, not just
plugging in numbers.
The only part I didn't like was that I had to manually input 3 1099's, there was no
way to download and attach a copy of each. Since I used the exact numbers on the
1099's, and these were sent to the IRS, it would have been nice if I could have just
had an option to click a box stating I just used the exact numbers that they already
had a copy of.
Buy other than that, it sure beat doing them by hand and mailing it in. By far the quickest
I've ever had taxes completed. And it's free !