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How do I elect qualified opportunity zone deferrals in Turbo Tax Deluxe 2018?
If I were filing by paper, this would be analogous to putting code Z in column F on Form 8949. (https://www.irs.gov/pub/irs-pdf/i8949.pdf)
What's throwing me off is how to do this in TurboTax correctly. I don't see any option (including under advanced ones) to elect a specific transaction as deferred.
The obvious alternative (just attach a statement with code Z in place OR do an override on the 8949 form to force a code Z and then override the summation) also has issues; my state (CA) doesn't honor QOF deferral, so the gain must still be a part of the state return. But I don't see any way in Turbotax to make state adjustments to the 8949, meaning I can't produce a complete return that is both correct for state and federal.
What's the proper way to handle this?