Question
Qualified Opportunity Fund gain deferral reporting on Form 1041
I need to defer long term capital gains on a Trust return, Form 1041. I have done this on a 1040, using the Sch D worksheet and the entries come out correctly on both the 8949 and Sch D. However, on a 1041, I either get error messages or the information doesn't appear correctly on the 8949 as per the IRS instructions. Any advice would be greatly appreciated.
Thanks, Dan
