Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- Lacerte Tax
- :
- Lacerte Tax Discussions
- :
- Form 8997
Form 8997
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
AL04
Level 1
10-10-2020
08:53 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
2018 realized capital gains that were deferred by investing in QOZ funds in June 2019 (within 180 days after 12/31/18). For completing the 2019 Form 8997, should these capital gains be reported in Part I as QOZ investment holdings at beginning of the year or consider as investment made during 2019 in Part II? Furthermore, taxpayer also used 2019 realized capital gain to make another QOZ investment in June 2020. What part of the Form 8997 should the second QOZ investment be reported?
Labels
This discussion has been locked.
No new contributions can be made. You may start a new discussion
here
