IRS corrects typographical errors in proposed QOF reporting rules
The correction, published Nov. 10, 2026, updates the proposed rules for qualified opportunity funds, QOZ businesses and their investors.
The Internal Revenue Service issued a notice of proposed rulemaking correction (FR Doc No. 2026-22859) on Nov. 10, 2026. The correction amends the proposed regulations identified as REG-116506-25, which were originally published on Sep. 11, 2026.
The notice lists 42 specific corrections, ranging from changing "nonqualified" to "non-qualified" and "enactments" to "enactment" to revising section references such as "Sec. 1.6039K-1(j)(1)" to "Sec. 1.6039K-1(i)(1)" and updating language throughout the draft text.
The underlying proposed regulations would implement new statutory requirements for qualified opportunity funds to file information returns under sections 1400Z-2, 6039K, 6039L and related provisions, and to furnish statements to investors who dispose of interests and to qualified opportunity zone businesses that hold those interests. The deadline for written or electronic comments on the proposal was Oct. 26, 2026, and comments are to be submitted via the Federal eRulemaking Portal.
For questions concerning the proposed regulations under section 1400Z-2, contact Dominic DiMattia, Office of the Associate Counsel (Income Tax and Accounting) at (202) 317-7009. For questions on sections 6011, 6037, 6039K, 6039L, 6045, 6722, 6724, and 6726, contact Roseann Cutrone, Office of the Associate Counsel (Procedure and Administration) at (202) 317-6844. Submissions and hearing logistics can be directed to the Publications and Regulations Section at (202) 317-6901 or email the protected address.
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