Yes, you do need to answer the question on Schedule D.
- Did you dispose of any investment(s) in a qualified opportunity fund during the tax year? Yes or No If “Yes,” attach Form 8949 and see its instructions for additional requirements for reporting your gain or loss.
Definition:
A Qualified Opportunity Fund is an investment vehicle that is organized as a corporation or partnership for the purpose of investing in Qualified Opportunity Zone property (other than another Qualified Opportunity Fund).
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