Qualified Opportunity Funds & Zones: Rules & Requirements for Operating & Investing Self-Study Webinar (5 Hours)


Constant changes to the tax code make Form 1040 preparation an ongoing adventure. This self-study webinar gives you the confidence to:

  • Prepare tax forms, schedules and worksheets using the most recent forms available
  • Gain a working knowledge of tax law
  • Understand recent developments affecting individual tax returns

To give financial professionals a thorough review of, and an update on, Form 1040s. You will survey expiring tax law provisions. You will also examine areas of the form that can cause confusion.

  • Impact of the Tax Cuts and Jobs Act on preparation of Form 1040
  • Treatment and outlook for expiring tax law provisions
  • 3.8% net investment income tax
  • 0.9% additional Medicare tax
  • Premium tax credit and individual responsibility
  • Dependency exemptions and phaseouts
  • Kiddie tax and child tax credit
  • Education credits and education-related expenses
  • Itemized deductions, limitations and phaseouts
  • Capital gains tax
  • Sale of principal residence
  • Treatment of rental activities
  • Employee business expenses
  • Miscellaneous deductions limitation and exceptions
  • Tax credits for adoption, dependent care and other personal tax credits
  • Alternative minimum tax and credits
  • Pension, retirement and IRA basics

Identify the primary characteristic of a qualified opportunity zone (QOZ)

Identify the time threshold for receiving a tax deferral by investing in a qualified opportunity fund (QOF)

Recognize the QOF guidance issued to date by the Treasury Department

Recognize the deferral periods found within the QOF legislation

Recognize the available gain deferrals associated with investment in a QOF

Identify the types of gains eligible for deferral under the QOZ program

Identify the options for gain deferrals among both partners and their partnerships

Recognize the mechanics of electing to defer gain under the QOF rules

Recognize the characteristics of a QOF

Identify the characteristics of QOZ stock and a QOZ partnership

Identify the characteristics of a QOZ business

Recognize the timeline for obtaining a property’s “substantial improvement” in the context of the 90% rule of a QOF

Recognize the mechanics for self-certifying the QOF status




No advance preparation required.

Level of Knowledge: 


CPE Credit: 
NASBA Field of Study: