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January 26, 2022
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how can we use Turbotax to claim opportunity zone investment in 2021

  • January 26, 2022
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What is the best way to use Turbotax to claim the investments in opportunity zone funds in 2021

    Best answer by Anonymous_

    TurboTax does not support the form you need to report an opportunity zone investment; Form 8997.

    1 reply

    Employee
    January 26, 2022

    TurboTax does not support the form you need to report an opportunity zone investment; Form 8997.

    axingAuthor
    January 26, 2022

    Thank you. So if I file form 8997 on my own, which form in Turbotax will take the result of form 8997?

    DMarkM1
    January 26, 2022

    The form 8997 cannot be filed separately it is attached to the 1040. The deferred gain is not reported on the 1040, but is reported separately in an attached form 8997.   

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