IRS Form 8949 | Instructions For Form 8949

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The IRS released Form 8949 and Instructions for Form 8949 for taxpayers to report the sale or exchange of capital assets and the election to defer the capital gain, in whole or in part, under the Opportunity Zone program.

Form 8949 provides taxpayers with a clearer understanding of the proposed Opportunity Zone regulations and how to report the election to defer both short-term and long-term capital gains.

View IRS Form 8949.

View Instructions for Form 8949.

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Ross Hair

Ross Hair is a real estate agent and the Broker / Owner of Boco Realty LLC.

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