How To Fill Out IRS Form 8997 For OZ Investors, With Ashley Tison (Episode 181)
Under the opportunity zones (OZ) incentive, taxpayers can defer taxes by reinvesting capital gains from an asset sale into a qualified\xa0opportunity\xa0fund.\xa0To do so, IRS Form 8997 must be filed by all taxpayers holding a QOF investment. Guidance on how to fill out this form will eliminate confusion and inconsistencies prior to submission.\nAshley 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.\nTranscript and show notes at OpportunityDb.com.