You have a capital gain.
OZ 2.0 can turn the tax bill into your next investment.

Kansas Commerce's Opportunity Zones 2.0 page says the new round "will reduce the number of eligible tracts from 74 to an expected 53" and that the state's nomination window is closed. As of October 12, 2026, Kansas has not published a nominated-tract list or confirmed a filing with the U.S. Treasury, so we still list Kansas as pending. The eligible-tract appendix to IRS Rev. Proc. 2026-14 lists 210 Kansas tracts (76 rural), for a 25% cap of 53.

IRS Notice 2026-55 restates the OZ 2.0 rule for QOF investments made after December 31, 2026: hold five years and the deferred gain's basis rises 10%, or 30% in a qualified rural opportunity fund (QROF). On a $500,000 long-term gain for a Texas investor at a 23.8% federal rate, our calculator shows year-five tax of $107,100 in a standard QOF and $83,300 in a QROF, a $23,800 difference. Rev. Proc. 2026-14 identifies 8,334 of the 25,332 eligible tracts as entirely rural.

Twelve states and the U.S. Virgin Islands have filed Opportunity Zone 2.0 nominations covering 1,633 census tracts, according to our source-linked tracker. Filing is not the last step. Under IRS Rev. Proc. 2026-14, governors can still add or modify nominations until October 28, 2026, the latest end of the single 30-day extension; after that, change requests “will be denied.” Treasury then has a 30-day consideration period to certify and designate nominated tracts, which ends November 27, 2026 at the latest, or December 28 if a governor requests an extension. Certified tracts become Opportunity Zones on January 1, 2027, and stay designated through December 31, 2036. So far only Idaho reports Treasury approval, per state and city releases; every other filing is still a nomination.

New Jersey has not yet filed its Opportunity Zone 2.0 nominations. The Department of Community Affairs (DCA) says the state received a 30-day extension from Treasury and “will submit its nominations by the extended federal deadline of October 28, 2026.” Gov. Mikie Sherrill can nominate up to 129 of the 516 census tracts on DCA's eligible list, which matches the IRS Rev. Proc. 2026-14 appendix. That is 25% of the list, rounded up. The eligible pool spans 114 municipalities in 20 of New Jersey's 21 counties; Hunterdon has no eligible tract. Newark (80 tracts), Paterson (34), Jersey City (33), Elizabeth (26) and Trenton (23) hold nearly 40% of it. Under Rev. Proc. 2026-14, Treasury then has until November 27, 2026 to certify the nominations, or December 28 if the governor requests an extension. Certified zones take effect January 1, 2027 and run through December 31, 2036. DCA has not published a draft or final list as of October 9.