# 3 New Opportunity Zone IRS Notices, Explained

Canonical page: https://sequoia-research.com/news/3-new-opportunity-zone-irs-notices-explained-b9b79e32

Author: Sequoia Research
Published: 2026-10-16T22:42:51.691Z
Updated: 2026-10-16T23:17:03.225Z
Original source: [OpportunityZones.com](https://opportunityzones.com/2026/09/jason-watkins-394/)
Source published: 2026-09-30T12:25:37.000Z
Type: News
Topics: OZ Funds

OpportunityZones.com hosts Novogradac's Jason Watkins for a discussion of three recent IRS developments affecting the transition to OZ 2.0. The episode covers Notice 2026-40, a request for comments in Notice 2026-55, and proposed reporting rules for funds and qualified businesses.

A central distinction is between the continuing designation of older tracts and the qualification deadlines described for new property in tracts not redesignated. Watkins also discusses the state nomination process and expected investment activity in 2027. His forecast is an outlook, rather than an established fundraising result.

[Read the original](https://opportunityzones.com/2026/09/jason-watkins-394/)

## Research considerations

Opportunity Zone coverage can include fund launches, development activity, fundraising, or policy changes. The underlying project and business plan matter alongside the tax framework. Separate the source’s reported development from assumptions about a particular fund or investor.

- Is this a policy update, a project announcement, or a fund-specific development?
- Which project milestones, financing needs, sponsor assumptions, and current legal requirements need further review?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

## About Sequoia Research

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