We had a client sell some real estate at a gain, then they invested a portion of the gain into a Qualified Opportunity Zone Fund.  The gain is reported on page 2 of the 4797, then flows to page 1 of the 4797, then goes to Sch D.  I cannot figure out how to report the deferred gain on the forms.  The only place I see is on Form 8949 with code Z.  But the 4797 does not go to Form 8949.  But the instructions to 4797 say to use 8949 to report the deferred gain.  But then the instructions for 8949 say that 4797 gains go directly to Sch D.  For now, we've added another line item on page 1 of the 4797 showing a loss for the amount of the deferred gain that was invested, as an offset to the real estate gain.  I would imagine there would be a more formal way of reporting this, especially since the deferred gain needs to be tracked for many years in order to determine the reduction in future years.  Any help would be appreciated.  Thanks.