Form 8610 - Annual Low-Income Housing Credit Agencies Report - 2012 Page 4

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4
Form 8610 (2012)
Page
Line 15a
Line 16a
relating to a form or its instructions
must be retained as long as their
Only include projects for which the
Only include projects for which the last
contents may become material in the
building was placed in service in 2010.
last building was placed in service in
administration of any Internal
2011. Include buildings financed by
Include buildings financed by the Rural
Revenue law. Generally, tax returns
the Rural Housing Service and
Housing Service and buildings
and return information are
buildings financed with tax-exempt
financed with tax-exempt bonds.
confidential, as required by section
bonds.
6103.
Lines 15b and 15c
Lines 16b and 16c
The time needed to complete and
Take into account all the projects
file the following forms will vary
Take into account all the projects
included on line 15a. See Regulations
depending on individual
included on line 16a. See Regulations
section 1.42-5(c)(2)(ii)(B) for details.
circumstances. The estimated
section 1.42-5(c)(2)(ii)(A) for details.
Include buildings inspected by the
average times are:
Include buildings inspected by the
Rural Housing Service under
Sch. A
Rural Housing Service under
Regulations section 1.42-5(d)(3).
(Form 8610)
Form 8610
Regulations section 1.42-5(d)(3).
Recordkeeping
Caution: Regulations section
9 hr., 34 min.
3 hr., 35 min.
Learning about
1.42-5(c)(2)(ii)(A) requires that, by the
Paperwork Reduction Act Notice
the law or
end of the 2nd calendar year following
the form .
.
.
1 hr., 59 min.
24 min.
We ask for the information on this
the year the last building in the project
Preparing and
form to carry out the Internal
sending the
is placed in service, the Agency (or
Revenue laws of the United States.
form to the IRS .
2 hr., 13 min.
28 min.
the Rural Housing Service, if
You are required to give us the
If you have comments concerning
applicable) conduct on-site
information. We need it to ensure that
the accuracy of these time estimates
inspections of all buildings in each
you are complying with these laws
or suggestions for making these
project and, for at least 20 percent of
and to allow us to figure and collect
forms simpler, we would be happy to
each project’s low-income units,
the right amount of tax.
hear from you. You can write to the
inspect the units and review the low-
Internal Revenue Service, Tax
You are not required to provide the
income certifications, the
Products Coordinating Committee,
information requested on a form that
documentation supporting the
SE:W:CAR:MP:T:M:S, 1111
is subject to the Paperwork
certifications, and the rent records for
Constitution Ave. NW, IR-6526,
Reduction Act unless the form
the tenants in those units. If the
Washington, DC 20224. Do not send
displays a valid OMB control
number entered on line 15b or line 15c
these forms to this address. Instead,
number. Books or records
does not equal the number entered on
see Where To File, earlier.
line 15a, attach an explanation.

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