DawnC
Expert Alumni

Investors & landlords

Deferred Gains for Qualified Opportunity Funds (Form 8949 for Codes Y and Z:(   TurboTax does not support the reporting of deferring tax on an eligible gain by investing in a QOF, by using Code “Z” in column (f). The program does not support the reporting of the amount of eligible gain that you previously deferred and now need to recognize by using Code “Y” in column (f).

 

@Lao3

 

If you override the entry (which can only be done using the Desktop the software) - you must file by mail and you void the accuracy guarantee provided by TurboTax.   See instructions below.

 

How do I override (replace) an amount calculated by TurboTax?

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