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New Member
posted Feb 17, 2025 9:13:42 AM

Where in TurboTax do you enter information to elect to defer eligible gains for investment in a Qualified Opportunity Fund (QOF)?

I cannot seem to locate how to enter information on Form 8997 for: 1) the QOF investment from Form 4797 (code O), and 2) the deferred gain (code Z).

0 2 1227
2 Replies
Level 12
Feb 17, 2025 9:33:38 AM

Form 8997 is not supported by Turbotax.

Expert Alumni
Feb 17, 2025 9:40:40 AM

See IRS Forms not included in TurboTax. The 8997 is not in the software.