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. November 2014)

Attach to Form 8610.

▶

Department of the Treasury

Internal Revenue Service

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

▶

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. 2007-54

▶

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

▶

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

should only include Schedules A (Form

Lines 6a, b, and c

8610) for projects receiving approval of

Complete these lines only if both of the

Section references are to the Internal

the carryover allocation relief since the

following apply.

Revenue Code unless otherwise noted.

agency last filed Form 8610. The

• There is a binding agreement between

information from these particular

Purpose of Form

the housing credit agency and the

Schedules A (Form 8610) are not

building owner for a specific housing

included on any line in Part I or Part II of

State housing credit agencies use

credit dollar amount.

Form 8610.

Schedule A (Form 8610) to report

• An election is made to use an

carryover allocations.

Specific Instructions

applicable percentage for a month other

Major Disaster Declarations

than the month in which the property is

Line 4

Issued After July 1, 2007

placed in service.

Enter the date of allocation. This is the

See Regulations sections 1.42-6 and

If a housing credit agency has granted

date the authorized official of the state

1.42-8 for requirements that must be

any project relief for carryover

housing agency signs and dates the

met.

allocations discussed in section 5 of

carryover allocation document.

Rev. Proc. 2007-54, 2007-31 I.R.B. 293,

The applicable percentage cannot be

the agency must attach to Form 8610 a

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

Line 5

copy of the Schedule A (Form 8610) for

not federally subsidized and (2) is placed

Enter the amount of carryover allocation.

the projects for which it has approved

in service after July 30, 2008, with

If you checked the “building based” box

relief. These attached copies of

respect to housing credit dollar amount

on line 3a, enter the amount of credit

Schedule A (Form 8610) must have the

allocations made before January 1,

allocated to the building under section

box checked that indicates the housing

2015. See section 42(b)(2) and Notice

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

credit agency granted carryover

2008-106, 2008-49 I.R.B. 1239.

based” box on line 3a, enter the amount

allocation relief under Rev. Proc.

of credit allocated to all the buildings in

2007-54. The housing credit agency

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

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

Cat. No. 30065T

Schedule A (Form 8610) (Rev. 11-2014)

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

Related Articles

Related forms

Related Categories