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Sukh
New Member

Does TT support deferraal of capital gains for qualified opportunity zone investments?

 
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1 Reply
ColeenD3
Expert Alumni

Does TT support deferraal of capital gains for qualified opportunity zone investments?

Please see this answer from rjs:

 

TurboTax does not support deferring gain by investing in a qualified opportunity fund, and does not support code Z on Form 8949. There is no way to enter it.

 

An override will cancel the TurboTax accuracy guarantee, and will prevent e-filing. Overrides sometimes cause the calculations in TurboTax to break in unexpected ways.

 

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