Has anyone here done tax returns for investors who manage opportunity zones? If so, I’m just curious, are they difficult and do they regularly get audited? I know there are many IRS rules surrounding them.

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I have a number of clients with QOZs. There are a lot of eligibility rules, but honestly they arent that complicated IMO, and most of the complicated stuff doesn't actually get reported on the returns (might be changing for 2026).

I havent had one get auditted yet, but overall rate of audits on partnerships is very low.

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Ah okay, that’s what I thought. Very cool. Thanks for your insight TM1!

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