Episode 182
How To Fill Out IRS Form 8996 For OZ Funds, With Ashley Tison (Episode 182)
How to fill out IRS Form 8996 for opportunity zone funds?
February 25, 202226m 51s
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Show Notes
Taxpayers can defer taxes by reinvesting capital gains from an asset sale into a QOF. To do so, IRS Form 8996 must be filed by all taxpayers holding a QOF investment. Guidance on how to fill out this form will eliminate inconsistencies prior to submission.
Ashley Tison is an Opportunity Zone consultant and attorney based in Charlotte, North Carolina. Along with Jimmy Atkinson, he is co-founder of OZ Pros, an Opportunity Zone advisory firm.