JessSBFP
Level 2
‎03-18-2024 06:09 PM

I entered the Qualified Opportunity Zone Fund information using the 1099-B worksheet. When I go to the 8949, the deferred gain is not showing up. I'm trying to offset a gain on a home sale. The gain for the home sale is on the 8949 but the offset from the Qualified Opportunity Zone Fund is not showing up on the 8949. Does anyone know how to enter the Qualified Opportunity Zone Fund so that it offsets a capital gain on the 8949?

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Terry53029
Level 14
Level 14
‎03-19-2024 08:38 AM

When in the 1099B worksheet, double click, and a window opens up ( I name it name of broker). Scroll almost to bottom to check box to defer QOT

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JessSBFP
Level 2
‎03-19-2024 11:21 AM

Thanks. I did that but $0 is flowing to the 8949. Is there something I'm missing? Shouldn't the amount I input in that section flow to the 8949?

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Terry53029
Level 14
Level 14
‎03-20-2024 10:31 AM

No. You are deferring the gain so it will not be reported.

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