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IRS Releases Updated Draft, Instructions for OZ Forms

Tuesday, January 14, 2020 - 2:00PM

The Internal Revenue Service (IRS) this week updated instructions for Form 8996–Qualified Opportunity Fund and a new Form 8997–Initial and Annual Statement of Qualified Opportunity Fund Investments, as well as instructions for Form 8997. The draft of Form 8996 has not been updated from the version released in October 2019.

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