I am very familiar with those instructions.  Part II instructs you to enter current year capital gain deferrals.  My question is in regard to a 2019 investment into an Opportunity Fund that was used to defer capital gain on the 2018 tax return.  The investment was not in place at the beginning of the year, so it doesn't go on Part I, but it wasn't used to defer a 2019 capital gain, so per the instructions, it wouldn't go on Part II.  It does need to be included on Part IV.  I have currently put it on Part II, but that doesn't really tie to my return.