Clarification of Instructions for Form 8996 Informing Qualified Opportunity Zone Businesses not to file Form 8996


Notice: Historical Content

This is an archival or historical document and may not reflect current law, policies or procedures.

Don’t file Form 8996 if you are a qualified opportunity zone business. Form 8996 is filed only by qualified opportunity funds. 

The 2022 Instructions for Form 8996, Qualified Opportunity Fund, will make it clear that a qualified opportunity zone business should not file Form 8996.