TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

gerrit-lubberts

Question

I do not own a Qualified Opportunity fund. How do I answer the first question on Schedule D regarding disposition?

Forum|Forum|1 year ago
February 11, 2025
1 reply
0 views

No text available

If you do not own or have never invested in a Qualified Opportunity Fund (QOF), you should answer "No" to the first question on Schedule' D, which asks, "Did you dispose of any investment(s) in a qualified opportunity fund during the tax year?"

For detailed instructions on how to complete Schedule 'D, you can refer to the IRS Schedule D Instructions

gerrit-lubbertsAuthor

Thanks for the reply. I am aware I have to answer the question if I disposed of QOF on scheduled D even though I never owned it. However, I nearly completed Turbo Tax Premier and I did not see this question for me to answer. I may have to abandon Turbo Tax if there is a good possibility that the IRS may reject my return for this reason.