Tax Benefits for Eligible Investment

If the investment is held for a minimum of five years, the taxable amount of the capital gains reinvested is reduced by 10%.

If the investment is held for seven years, the taxable amount of capital gains reinvested is reduced by an additional 5%, bringing the total reduction to 15%.

After holding for ten years, there is a permanent exclusion from taxable income on the capital gains from the investment in the Opportunity Fund.

Are you interested in learning more about Qualified Opportunity Funds? Find additional information from the Tax Foundation on Qualified Opportunity Funds.