Level 15
07-30-2021
02:16 PM
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There are a lot of moving parts in filling out the forms for an QOF. Be sure you quick zoom to the "Capital Gain (Loss) Transaction Worksheet", and not "Capital Gains (Losses) Detailed Entry Worksheet" I've used it a few times in past years, not 2020, and it worked fine. This was for 2019. 2020 has changed, but I suspect it should work if you follow instructions very carefully. The new worksheet in my opinion is not as easy to work with as the old one, but when I used it, the forms came out correctly, but have not done a QOF yet.