# 2026-22859: IRS Corrects Opportunity Fund Reporting Paperwork

2026-22859, Information Reporting Regarding Qualified Opportunity Zones and Updated Qualified Opportunity Fund Certification and Decertification Procedures; Correction, is a Federal Register proposed rule from Treasury Department, Internal Revenue Service published 2026-11-10, effective The deadline for submitting written or electronic comments on the proposed rule was October 26, 2026.; PRIA reads it as touching household money (as of 2026-11-11).

- Canonical: https://policyrisk.com/federal-register/2026-22859
- As of: 2026-11-11
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2026-22859
- Title: Information Reporting Regarding Qualified Opportunity Zones and Updated Qualified Opportunity Fund Certification and Decertification Procedures; Correction
- Type: Proposed Rule
- Agencies: Treasury Department; Internal Revenue Service
- Citation: 91 FR 72493
- Published: 2026-11-10
- Effective: The deadline for submitting written or electronic comments on the proposed rule was October 26, 2026.
- Comments close: 2026-10-26
- Significant: no
- Touches household money: yes
- Regulation identifier numbers: 1545-BR82
- Last updated: 2026-11-11

## In one line

IRS Corrects Opportunity Fund Reporting Paperwork

## Summary

If you invest in or manage Qualified Opportunity Funds or businesses, these corrected rules clarify how you must report info to the IRS and investors. The changes fix earlier mistakes and keep the reporting deadlines and procedures clear—helping everyone stay on track and avoid penalties. Comments on these rules closed October 26, 2026, so get ready to follow the updated steps to keep your investments smooth and IRS-friendly!

## Abstract

This document contains corrections to the proposed regulations (REG-116506-25), published in the Federal Register on September 11, 2026. These proposed regulations would implement new statutory requirements for qualified opportunity funds to file information returns with the IRS and furnish statements to investors who dispose of investments in those entities and for qualified opportunity zone businesses to furnish statements to qualified opportunity funds that hold interests in them.

## Effects PRIA read

- QOFs must file investor information returns: cost, medium. If you invest in or manage a Qualified Opportunity Fund (QOF), the proposed regulations would require the QOF to file information returns with the IRS and to furnish statements to investors who dispose of investments in the QOF. The rule text explicitly implements statutory requirements for those f…
- QOZ businesses must furnish statements to QOFs: cost, low. If you operate a Qualified Opportunity Zone business (QOZB) in which a QOF holds an interest, the proposed regulations would require the QOZB to furnish statements to the QOF. The proposed rules add a statutory requirement that QOZBs provide these statements to the QOFs that hold interests in them.
- Corrections clarify proposed regulatory text: benefit, low. This Federal Register document makes numerous textual corrections (typos, cross-reference fixes, and wording changes) to the proposed regulations REG-116506-25 that govern QOF and QOZ reporting. The corrections explicitly change many words and citations throughout the proposed rule to clarify the r…

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## Sources
- [2026-22859 on federalregister.gov](https://www.federalregister.gov/documents/2026/11/10/2026-22859/information-reporting-regarding-qualified-opportunity-zones-and-updated-qualified-opportunity-fund)
- [2026-22859 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2026-11-10/pdf/2026-22859.pdf)

## Related
- [Previous: 2026-22812, Medicare and Medicaid Programs; Cutting Administrative Requirements for Excelle…](https://policyrisk.com/federal-register/2026-22812)
- [Next: 2026-22860, Revision of Regulations for Planning, Programming, Budgeting](https://policyrisk.com/federal-register/2026-22860)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2026-22859 (as of 2026-11-11).