Opportunity zone designations are based on census tracts. There are 8,764 opportunity zones located across the United States.
Potential opportunity zone census tracts were selected by the US Treasury. The governors of each state were then able to select up to 25% of these tracts to be designated as qualifying for OZ tax incentives.
Click the button below to view Novogradac’s opportunity zone map. The map allows you to zoom in to street level or type in an address to see exactly where the opportunity zone boundaries are located.
A state’s conformity with the federal opportunity zones provisions is an important factor investors should consider. Investors in states that do conform with the federal opportunity zones provisions may receive state tax incentives similar to those available at the federal level.
Conversely, investors residing in nonconforming states may be unable to defer and reduce state taxation on the initial gains invested in opportunity zones. Investors in these nonconforming states may also be required to recognize gain for state tax purposes on their eventual sale of the opportunity fund investment.
Select the button below to view which states conform to federal opportunity zone provisions for corporate income.
Select the button below to view which states conform to federal opportunity zone provisions for personal income.