General instructions future developments for the latest information about developments related to form 8996 and its instructions, such as. It is also used to annually report whether the qof met the investment standard during its tax year. For instructions and the latest information. Form 8996 qualified opportunity fund jan. Add columns (a) through (l) of line 7. Attach to your tax return. December 2020 (draft as of december 18, 2020) access form. December 2021) department of the treasury internal revenue service. Instructions for form 8996, qualified opportunity fund jan. Web instructions for form 8996(rev.
Form 8996 initial and annual statement of qualified opportunity fund (qof) investments jan. Web instructions for form 8996(rev. December 2022) qualified opportunity fund department of the treasury internal revenue service section references are to the internal revenue code unless otherwise noted. General instructions future developments for the latest information about developments related to form 8996 and its instructions, such as. Web february 25, 2022 podcast taxpayers can defer taxes by reinvesting capital gains from an asset sale into a qof. Web this second part of form 8996 is used to determine if the corporation or partnership has met the 90 percent minimum investment requirement. To do so, irs form 8996 must be filed by all taxpayers holding an opportunity fund investment. It is also used to annually report whether the qof met the investment standard during its tax year. Form 8996 initial and annual statement of qualified opportunity fund (qof) investments jan. Web investment standard calculation part iii qualified opportunity fund average and penalty for paperwork reduction act notice, see your tax return instructions. Attach to your tax return.
