Instructions For Form 1097-Btc - Bond Tax Credit - 2017 Page 3

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Note. Do not use the address of the registered agent for
Box 1. Total
the state in which the entity is incorporated. For example,
Enter the total amount of credits distributed to the
if a business is incorporated in Delaware or Nevada and
recipient with respect to the amounts reported in boxes
the corporation's principal office is located in Little Rock,
5a–5l for the calendar year.
AR, the corporation should enter the Little Rock address.
This box should be only filled out when filing Copy A
If the entity receives its mail in care of a third party
and when the annual statement (Copy B of the form) is
(such as an accountant or an attorney), enter for the street
sent to the recipient. See Statement to Recipient, earlier.
address “C/O” followed by the third party's name and
street address or P.O. box.
Box 2a. Code
Enter the unique identification number code. Enter “C” for
Form 1097-BTC Issuer's Federal Identification
CUSIP number, “A” for account number, and “O” if the
Number
unique identification number is not an account number or
Enter the Form 1097-BTC issuer's federal identification
a CUSIP number, such as a self-provided identification
number, such as an employer identification number (EIN).
number. If you checked the first box under Form
Do not truncate the Form 1097-BTC issuer's federal
1097-BTC issuer, and a CUSIP number is assigned to the
identification number. An issuer that does not have an EIN
bond(s), enter “C.” If no CUSIP number is assigned to the
should apply for one. See Form SS-4, Application for
bond(s) and you checked the first box under Form
Employer Identification Number, and its separate
1097-BTC issuer, use the account number as the unique
instructions, available at Applications can be
identifier and enter “A” or “O” if you are using any other
submitted online, by phone, fax, or mail.
unique identifying number. See Box 2b. Unique Identifier
next.
Recipient's Federal Identification Number
Enter the federal identification number, such as an EIN or
Box 2b. Unique Identifier
social security number, of the recipient of the distributed
The unique identification number is assigned by the Form
(or stripped) credit from the tax credit bond. Do not
1097-BTC issuer and is limited to 39 alphanumeric
truncate the recipient's federal identification number on
characters. It can be the CUSIP number, account number,
the form filed with the IRS. Truncation of the recipient's
or any other unique identification number by which you
federal identification number is allowed on the statement
track the bond transactions.
to the recipient. See 2017 General Instructions for Certain
For a bond issuer (or its agent) filing the 2017 Form
Information Returns.
1097-BTC for a bond, the unique identification number
Recipient's Name
must start with the CUSIP number(s), if available, and
may be expanded by the account number or any other
Enter the name of the recipient of the distributed (or
self-provided number(s). If a CUSIP number was not
stripped) credit from the tax credit bond. If not an
issued for the bond, the bond issuer may use or devise its
individual, enter the entity's true name (as set forth in the
own unique identifier, preferably the account number or
legal documents creating it).
other reference number by which you track and account
Recipient's Street Address (Including Apt. No.)
for the bond transaction. A recipient of a Form 1097-BTC
that issues its own Form 1097-BTC to further distribute
Enter the street address, city or town, state or province,
the credit may use or devise its own unique identifier
country, and ZIP or foreign postal code of the recipient's
using whatever means it deems best.
principal residence, office, or place of business. Include
the apartment, suite, room, or other unit number after the
Box 3. Bond Type
street address. If the post office does not deliver mail to
Enter code “101” for clean renewable energy bonds
the street address and the entity has a P.O. box, show the
issued under section 54. Enter code “199” for all other
box number instead.
bonds.
Note. Do not use the address of the registered agent for
Multiple bond types can be entered on one Form
the state in which the recipient is incorporated.
1097-BTC, other than clean renewable energy
TIP
If the recipient receives its mail in care of a third party
bonds. Credits from clean renewable energy
(such as an accountant or an attorney), enter for the street
bonds must be reported on a separate Form 1097-BTC.
address “C/O” followed by the third party's name and
street address or P.O. box.
Box 4.
Check, as applicable, whether you are the issuer of the
Reserved.
bond (or its agent) filing the initial 2017 Form 1097-BTC
Boxes 5a–5l.
for the bond, or are an entity or a person that received or
should have received a 2017 Form 1097-BTC for credit(s)
Enter the amount of credit allowed for each month during
that was or should have been reported and that is
the calendar year, calculated by using steps 1 and 2,
distributing part or all of that credit to others.
following.
STEP 1. For each recipient, multiply the outstanding face
amount of the qualified tax credit bond, clean renewable
energy bond, or qualified zone academy bond issued
before October 4, 2008, by the applicable credit rate. The
-3-
Instructions for Form 1097-BTC (2017)

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