Instructions For Form 1097-Btc Draft - Bond Tax Credit

Note. Do not use the address of the registered agent for

Box 2a. Code

the state in which the entity is incorporated. For example,

Enter the unique identification number code. Enter “A” for

if a business is incorporated in Delaware or Nevada and

account number, “C” for CUSIP number, and “O” if the

the corporation's principal office is located in Little Rock,

unique identification number is not an account number or

AR, the corporation should enter the Little Rock address.

a CUSIP number, such as a self-provided identification

If the entity receives its mail in care of a third party

number. If you checked the first box under Form

(such as an accountant or an attorney), enter for the street

1097-BTC issuer, and a CUSIP number is assigned to the

address “C/O” followed by the third party's name and

bond(s), enter “C”. If no CUSIP number is assigned to the

DRAFT AS OF

street address or P.O. box.

bond(s) and you checked the first box under Form

1097-BTC issuer, use the account number as the unique

Form 1097-BTC Issuer's Federal Identification

identifier and enter “A”, or “O” if you are using any other

Number

unique identifying number. See Box 2b. Unique Identifier,

next.

Enter the Form 1097-BTC issuer's federal identification

August 16, 2013

number, such as an employer identification number (EIN).

Box 2b. Unique Identifier

An issuer that does not have an EIN should apply for one.

The unique identification number is assigned by the Form

See Form SS-4, Application for Employer Identification

1097-BTC issuer and is limited to 39 alphanumeric

Number.

characters. It can be the account number, CUSIP number,

Recipient's Federal Identification Number

or any other unique identification number by which you

track the bond transactions.

Enter the federal identification number, such as an EIN or

social security number, of the recipient of the distributed

For a bond issuer filing the 2014 Form 1097-BTC for a

(or stripped) credit from the tax credit bond.

bond, the unique identification number must start with the

CUSIP number(s), if available, and may be expanded by

Recipient's Name

the account number or any other self-provided number(s).

Enter the name of the recipient of the distributed (or

If a CUSIP number was not issued for the bond, the bond

stripped) credit from the tax credit bond. If not an

issuer may use or devise its own unique identifier,

individual, enter the entity's true name (as set forth in the

preferably the account number or other reference number

legal documents creating it).

by which you track and account for the bond transaction.

A recipient of a Form 1097-BTC that issues its own Form

Recipient's Street Address (Including Apt. No.)

1097-BTC to further distribute the credit may use or

Enter the street address, city or town, state or province,

devise its own unique identifier using whatever means it

country, and ZIP or foreign postal code of the recipient's

deems best.

principal office or place of business. Include the suite,

room, or other unit number after the street address. If the

Box 3. Bond Type

post office does not deliver mail to the street address and

Enter code “101” for clean renewable energy bonds

the entity has a P.O. box, show the box number instead.

issued under section 54. Enter code “199” for all other

bonds.

Note. Do not use the address of the registered agent for

the state in which the recipient is incorporated.

Multiple bond types can be entered on one Form

1097-BTC, other than clean renewable energy

If the recipient receives its mail in care of a third party

TIP

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 2014 Form 1097-BTC for

the bond or are an entity or a person that received a 2014

Boxes 5a–5l.

Form 1097-BTC for credit(s) that was or should have been

Enter the amount of credit allowed for each month during

reported.

the calendar year.

Box 1. Total

Note. For new clean renewable energy bonds issued

Enter the total amount of credits distributed to the

under section 54C and qualified energy conservation

recipient with respect to the amounts reported in boxes

bonds, report the credit amount after the 70% limit has

5a–5l.

been applied.

This box should be only filled out when filing Copy A

Box 6. Comments

and when the annual statement (Copy B of the form) is

Enter any additional information.

sent to the recipient. See Statement to Recipient, earlier.

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Instructions for Form 1097-BTC (2014)

Instructions For Form 1097-Btc Draft - Bond Tax Credit - 2014 Page 4

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