Qualified Opportunity Funds Deadline Looms | Raleigh News

Big tax deadline looms for Qualified Opportunity Funds—$75 billion in deferred gains could become taxable by Dec 31, 2026, whether you sold or not. Early investors got sweet breaks like a 15% basis step-up, but later entrants face full taxation. Tax pros suggest using losses or charitable giving to offset bills, and if your fund lost value, an appraisal might help. The program’s getting a major upgrade starting Jan 1, 2027: permanent, with fixed 5-year deferrals and a 10% step-up for all—but gains taxed before then won’t qualify. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/5c26691ae973582f