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Opportunity Zones Regulations

TD 9889: Final Regulations - Investing in Qualified Opportunity Funds
December 19, 2019

Treasury and IRS Issue Final Regulations on Opportunity Zones
December 19, 2019

Final Regulations on Opportunity Zones: Frequently Asked Questions
December 19, 2019

REG-120186-18 Investing in Qualified Opportunity Funds
April 17, 2019

Transcript of the July 9, 2019 IRS Hearing on REG-120186-18 Investing in Qualified Opportunity Funds
Courtesy of Tax Analysts

Video: Testimony of John Sciarretti, CPA, at IRS Hearing on REG-120186-18 Investing in Qualified Opportunity Funds
July 9, 2019

Investing in Qualified Opportunity Funds
May 21, 2019

Request for Information on Data Collection and Tracking for Qualified Opportunity Zones
May 1, 2019

IRS Issues Guidance Relating to Deferral of Gains for Investments in a Qualified Opportunity Fund
April 17, 2019

Proposed Treasury Reg 115420-18 Investing in Qualified Opportunity Funds
October 29, 2018

Investing in Qualified Opportunity Funds; Correction
December 28, 2018

Internal Revenue Code

IRC 1400Z-1 Designation

IRC 1400Z–2 Special Rules for Capital Gains Invested in Opportunity Zones

Opportunity Zones IRS Guidance

Private Letter Ruling 202320005
May 19, 2023

Private Letter Ruling 202314003
April 7, 2023

Private Letter Ruling 202249005
Dec. 18, 2022

Private Letter Ruling 202245004
Nov. 14, 2022

Private Letter Ruling 202243004
Oct. 28, 2022

Private Letter Ruling 202239009
Sept. 20, 2022

Private Letter Ruling 202239001
Sept. 20, 2022

Private Letter Ruling 202223012
June 10, 2022

Private Letter Ruling 202215012
April 15, 2022

Private Letter Ruling 202206015
Feb. 14, 2022

Private Letter Ruling 202206016
Feb. 14, 2022

Private Letter Ruling 202205020 and Private Letter Ruling 202205021
Feb. 4, 2022

Private Letter Ruling 202202009
Jan. 14, 2022

Announcement 2021-10, Qualified Opportunity Zone Boundaries Unaffected by 2020 Decennial Census Changes
May 14, 2021

Private Letter Ruling 202116011
April 23, 2021

Private Letter Ruling 202103013
Jan. 22, 2021

Notice 2021-10: Extension of Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Coronavirus Disease 2019 Pandemic
Jan. 19, 2021

IRS has begun sending letters to taxpayers that may need to take action related to Qualified Opportunity Funds 
Dec. 9, 2020

Notice 2020-39: Relief for Qualified Opportunity Funds and Investors Affected by Ongoing Coronavirus Disease 2019 Pandemic
June 4, 2020

Notice 2020-23, Update to Notice 2020-18, Additional Relief for Taxpayers Affected by Ongoing Coronavirus Disease 2019 Pandemic
April 10, 2020

TD 9889: Investing in Qualified Opportunity Funds; Correcting Amendments
April 1, 2020

IRS Information Letter: Request for Additional Zone Designation Denied (IRC Section 1400Z-1)
Sept. 27, 2019

Updated Opportunity Zones Frequently Asked Questions
Sept. 4, 2019

N-19-42: Amplification of Notice 2018-48 to Include Additional Puerto Rico Designated Qualified Opportunity Zones 
June 25, 2019

Updated Opportunity Zones Frequently Asked Questions
June 24, 2019

Updated Opportunity Zones Frequently Asked Questions
April 17, 2019

IRS Reg 115420-18: Hearing Cancellation for Investing in Qualified Opportunity Funds
Jan. 7, 2019

Revenue Ruling: 2018-32: Determination of Rate of Interest
December 6, 2018

Revenue Ruling 2018-29: Special Rules for Capital Gains Invested in Opportunity Zones
October 19, 2018

Updated Opportunity Zones Frequently Asked Questions
October 19, 2018

Info. Letter 2018-0018
October 4, 2018

Notice 2018-48: Designated Qualified Opportunity Zones under Internal Revenue Code § 1400Z-2
June 20, 2018

Updated Opportunity Zones Frequently Asked Questions
June 15, 2018

Opportunity Zones Frequently Asked Questions
April 25, 2018

Rev. Proc. 2018-16: Procedure for Designating Population Census Tracts as Qualified Opportunity Zones for purposes of §§ 1400Z–1 and 1400Z–2 of the Internal Revenue Code
February 9, 2018

Opportunity Zones Treasury Notices

Hearing: Investing in Qualified Opportunity Funds
February 1, 2019

Designated Qualified Opportunity Zones
June 14, 2018

Designated Qualified Opportunity Zones
May 18, 2018

Designated Qualified Opportunity Zones
May 17, 2018

Designated Qualified Opportunity Zones
May 16, 2018

Designated Qualified Opportunity Zones
April 18, 2018

Treasury, IRS Announce First Round Of Opportunity Zones Designations For 18 States
April 9, 2018

Designated Qualified Opportunity Zones
April 9, 2018

Opportunity Zones CDFI Fund Data

Opportunity Zone Information Resource -  sortable lists by state of all census tracts eligible for designation as a Qualified Opportunity Zone
February 27, 2018

Link to a Map of All Designated Qualified Opportunity Zones

Link to Opportunity Zone Resources

Opportunity Zones Forms

Form 8997 Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments
2020

Form 8996 Qualified Opportunity Fund
Jan. 24, 2020

Instructions for Form 8996, Qualified Opportunity Fund
Jan. 16, 2020

Form 8996 Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments
Jan. 24, 2020

DRAFT Form 8997 Initial and Annual Statement of Qualified Opportunity Fund Investments
Oct. 12, 2020

Jan. 13, 2020, draft

30-Day Notice of Proposed Information Collection: Opportunity Zone Grant Certification Form
January 3, 2020

DRAFT Form 8996 Qualified Opportunity Fund
Oct. 30, 2019

DRAFT Instructions for Form 8996
Jan. 13, 2020 

DRAFT Form 8949 Instructions
Oct. 8, 2019

DRAFT Form 1099-B Proceeds from Broker and Barter Exchange Transactions
Oct. 2, 2019

DRAFT Form 1099-B Proceeds from Broker and Barter Exchange Transactions Instructions
Oct. 2, 2019

DRAFT Form 1040 (Schedule D) Capital Gains and Losses
Oct. 2, 2019

DRAFT Form 1040 (Schedule D) Capital Gains and Losses Instructions
Oct. 2, 2019

DRAFT Form 8897 Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments
Sept. 25, 2019

IRS Request for Comment on Tax Forms
October 9, 2018

Form 1040 Schedule D Instructions - Capital Gains and Losses

Form 1065 - U.S. Return of Partnership Income

Form 1065 Instructions

Form 1120 - U.S. Corporation Income Tax Return

Form 1120 Instructions

Form 1120 for Schedule D - Capital Gains and Losses

Form 1120 Instructions for Schedule D

Form 1120-REIT - U.S. Income Tax Return for Real Estate Investment Trusts

Form 1120-REIT Instructions

Form 1120S - U.S. Income Tax Return for an S Corporation

Form 1120S Instructions

Form 4797 - Sales of Business Property

Form 4797 Instructions 

Form 6781- Gains and Losses From Section 1256 Contracts and Straddles

2018 Form 8949 - Sales and Other Dispositions of Capital Assets

2018 Form 8949 Instructions

Form 8996 - Qualified Opportunity Fund

Form 8996 Instructions

Opportunity Zones Other Guidance

Federal Register 2021-1664, Investing in Qualified Opportunity Funds; Correction
Aug. 5, 2021

Federal Register 2021-1663, Investing in Qualified Opportunity Funds; Correction
Aug. 5, 202

Executive Order on Targeting Opportunity Zones and Other Distressed Communities for Federal Site Locations 
Aug. 24, 2020

Final Rule: Prohibitions and Restrictions on Proprietary Trading and Certain Interests in, and Relationships With, Hedge Funds and Private Equity Funds
June 25, 2020

Drawbridge Operation Regulations
November 27, 2019

Enforcement of Obligations for Temporary Nonimmigrant Non – Agricultural Workers Described In the Immigration and Nationality Act
November 15, 2019

Secretary of Education Betsy DeVos Announces New Initiative to Support Opening and Expanding Charter Schools in Opportunity Zones
October 10, 2019

2019–2020 Priority Guidance Plan
October 8, 2019

60-Day Notice of Proposed Information Collection: Opportunity Zone Grant Certification Form
October 9, 2019

U.S. Department of Education Announces New Grant Awards to Address School Safety and Improve Access to Mental Health Services
October 8, 2019

SEC and NASAA Statement on Opportunity Zones: Federal and State Securities Laws Considerations
July 16, 2019

SEC Compliance and Disclosure Interpretation on Advertising and Opportunity Zones
July 16, 2019

Press Release: SEC and NASAA Explain Application of Securities Laws to Opportunity Zone Investments
July 16, 2019

SEC Chairman Statement on Opportunity Zones
July 16, 2019

U.S. EPA Seeks Further Clarifications and Improvements to Proposed Rule Regarding Investing in Opportunity Funds, REG-120186-18
June 12, 2019

U.S. Economic Development Prioritizes Applications for Projects Located in Opportunity Zones
EDA, June 12, 2019

Implementation Plan for The White House Opportunity and Revitalization Council
April 18, 2019 

Completed Program Targeting Actions
April 18, 2019 

Review of HUD Policy in Opportunity Zones
April 12, 2019

Proposed Priorities, Requirements, Definitions, and Selection Criteria— Expanding Opportunity Through Quality Charter Schools Program; Grants to Charter School Developers for the Opening of New Charter Schools and for the Replication and Expansion of High-Quality Charter Schools
April 4, 2019

Remarks by President Trump at the White House Opportunity and Revitalization Council Meeting
April 4, 2019

Establishing the White House Opportunity and Revitalization Council
December 12, 2018

WTAS: Support for the Trump Administration’s Approval of Opportunity Zones
April 18, 2018

Second Quarter Update to the 2017-2018 Priority Guidance Plan
February 7, 2018