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how to defer gain into Qualified Opportunity Zone

Rickj720
Level 1

I have a client who received a K-1 (from a partnership) with a gain in box 10. This flows through to the 4797 and Schedule D. The client properly reinvested this gain into an opportunity zone. How do we enter this in ProSeries Professional? The only instructions I've found were for Form 8949.

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1 Comment 1
Terry53029
Level 14
Level 14

The new schedule D worksheet in ProSeries has a box to check in part 1 line 3 to defer capital gains if invested in an QOZ fund