Fillable Schedule A (Form 8610) - Carryover Allocation Of Low-Income Housing Credit printable pdf download

Carryover Allocation of

SCHEDULE A

(Form 8610)

Low-Income Housing Credit

OMB No. 1545-0990

(Rev. January 2016)

Attach to Form 8610.

▶

Department of the Treasury

Information about Schedule A (Form 8610) and its instructions is at

Internal Revenue Service

▶

Name of housing credit agency

Employer identification number of agency

Address of housing credit agency

Check box if housing credit

Check box if amended

carryover allocation .

agency granted carryover

▶

allocation relief under Rev.

FOR IRS USE ONLY

Proc. 2014-49

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2 Taxpayer identification number

Name of building owner receiving carryover allocation

of building owner (include

dash or dashes)

Address of building owner receiving carryover allocation

3 a Check if the carryover allocation is:

building based or

project based

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b If the carryover allocation is subject to the nonprofit set-aside

under section 42(h)(5), you must check “Yes.” Otherwise, you

must check “No”

Yes

Date of carryover allocation

▶

Amount of carryover allocation .

If a binding agreement (see instructions) was entered into, enter the maximum applicable credit

percentage for:

a Acquisition cost .

b Rehabilitation expenses .

c New construction expenses .

General Instructions

Lines 6a, b, and c

8610) for projects receiving approval of

the carryover allocation relief since the

Complete these lines only if both of the

Section references are to the Internal

agency last filed Form 8610. The

following apply.

Revenue Code unless otherwise noted.

information from these particular

Schedules A (Form 8610) is not included

• There is a binding agreement between

Purpose of Form

the housing credit agency and the

on any line in Part I or Part II of Form

building owner for a specific housing

8610.

State housing credit agencies use

credit dollar amount.

Schedule A (Form 8610) to report

Specific Instructions

carryover allocations.

• An election is made to use an

applicable percentage for a month other

Major Disaster Declarations

Line 4

than the month in which the property is

placed in service.

Enter the date of allocation. This is the

If a housing credit agency has granted

date the authorized official of the state

any project relief for carryover

See Regulations sections 1.42-6 and

housing agency signs and dates the

allocations discussed in section 6 of

1.42-8 for requirements that must be

carryover allocation document.

Rev. Proc. 2014-49, 2014-37 I.R.B. 535,

met.

the agency must attach to Form 8610 a

Line 5

The applicable percentage cannot be

copy of the Schedule A (Form 8610) for

less than 9% for any building that (1) is

Enter the amount of carryover allocation.

the projects for which it has approved

not federally subsidized and (2) is placed

If you checked the “building based” box

relief. These attached copies of

in service after July 30, 2008. See

on line 3a, enter the amount of credit

Schedule A (Form 8610) must have the

section 42(b)(2) and Notice 2008-106,

allocated to the building under section

box checked that indicates the housing

2008-49 I.R.B. 1239.

42(h)(1)(E). If you checked the “project

credit agency granted carryover

based” box on line 3a, enter the amount

allocation relief under Rev. Proc.

of credit allocated to all the buildings in

2014-49. The housing credit agency

the project under section 42(h)(1)(F).

should only include Schedules A (Form

For Paperwork Reduction Act Notice, see the instructions for Form 8610.

Schedule A (Form 8610) (Rev. 1-2016)

Cat. No. 30065T

Schedule A (Form 8610) - Carryover Allocation Of Low-Income Housing Credit

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