Form  8874-B
(Rev. December 2011)        Notice of Recapture Event for New Markets Credit                                                         OMB No. 1545-2066
Department of the Treasury  
Internal Revenue Service 
1    Name of qualified community development entity (CDE)         2    EIN of qualified CDE 

3    Name of taxpayer with qualified equity investment subject to 4    TIN of taxpayer with qualified equity investment subject to 
      recapture                                                   recapture

5    Date of qualified equity investment (mm/dd/yyyy)             6    Amount of qualified equity investment

7    Date of recapture event (mm/dd/yyyy)                         8    Amount of New Markets Credit captured

9    Reason for recapture 
      CDE ceased to be a CDE 
      The proceeds of the investment ceased to be used in a  
      manner that satisfies the substantially-all requirement 
      The investment is redeemed or otherwise cashed out 
      by the CDE 

10a  Aggregate decrease in credit: Year 1 

b  Aggregate decrease in credit: Year 2 

c  Aggregate decrease in credit: Year 3 

d  Aggregate decrease in credit: Year 4 

e  Aggregate decrease in credit: Year 5 

f  Aggregate decrease in credit: Year 6 

g  Aggregate decrease in credit: Year 7 

         Under penalties of perjury, I declare that the recapture event identified above occurred on the date identified above.
Please  ▲
Sign     Signature of authorized official of CDE                                            Date 
Here 
         Type or print name 
For Paperwork Reduction Act Notice, see instructions.             Cat. No. 49312R                                              Form  8874-B  (Rev. 12-2011) 

Form 8874-B (Rev. 12-2011)                                                                                        Page  2 

General Instructions                                         Paperwork Reduction Act Notice 
Section references are to the Internal Revenue Code          We ask for the information on this form to carry out the  
unless otherwise noted.                                      Internal Revenue laws of the United States. You are  
                                                             required to give us the information. We need it to ensure 
Purpose of Form                                              that you are complying with these laws and to allow us to 
CDEs must provide notification to any taxpayer holder of     figure and collect the right amount of tax. 
a qualified equity investment (including prior holders) that You are not required to provide the information  
a recapture event has occurred. This form is used to         requested on a form that is subject to the Paperwork  
make the notification as required under Regulations          Reduction Act unless the form displays a valid OMB  
section 1.45D-1(g)(2)(i)(B).                                 control number. Books or records relating to a form or its 
                                                             instructions must be retained as long as their contents 
Where To File                                                may become material in the administration of any Internal 
Department of the Treasury                                   Revenue law. Generally, tax returns and return 
Internal Revenue Service Center                              information are confidential, as required by section 6103. 
Philadelphia, PA 19255-0549                                  The time needed to complete and file this form will vary 
When To File                                                 depending on individual circumstances. The estimated 
                                                             average time is: 
The original signed form must be provided by the CDE to 
                                                             Recordkeeping    . . . . . . . . . .          5 hr., 1 min. 
the taxpayer holder no later than 60 days after the date 
the CDE becomes aware of the recapture event. Send a         Learning about the   
copy of the form to the IRS at the address listed above.     law or the form  . . . . . . . . . . . .         12 min. 
Keep a copy for your records.                                Preparing and sending   
A separate notice must be provided for each qualified        the form to the IRS  . . . . . . . . . .         17 min. 
equity investment for which a recapture event occurred.      If you have comments concerning the accuracy of 
                                                             these time estimates or suggestions for making this form 
Additional Information                                       simpler, we would be happy to hear from you. You can 
For more details, see Form 8874, New Markets Credit,         email us at: taxforms@irs.gov. Enter “Form 8874-B 
section 45D, Regulations section 1.45D-1, and                Comment” on the subject line. Or write to:  Internal 
www.cdfifund.gov.                                            Revenue Service, Tax Products Coordinating Committee, 
                                                             SE:W:CAR:MP:T:M:S, 1111 Constitution Ave. NW, 
                                                             IR-6526, Washington, DC 20224. Do not send the form to 
                                                             this address. Instead, see Where To File above.