Enlarge image
SCHEDULE A Carryover Allocation of
(Form 8610)
(Rev. December 2023) Low-Income Housing Credit OMB No. 1545-0990
Department of the Treasury Attach to Form 8610.
Internal Revenue Service Go to www.irs.gov/Form8610 for the latest information.
Name of housing credit agency Employer identification number of agency
Address of housing credit agency Check box if housing credit Check box if amended
agency granted carryover carryover allocation . . . .
allocation relief under Rev. FOR IRS USE ONLY
Proc. 2014-49 . . . .
1a Name of building owner receiving carryover allocation 2 Taxpayer identification number
of building owner (include
dash or dashes)
1b 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 No
c Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Date of carryover allocation
5 Amount of carryover allocation . . . . . . . . . . . . . . . . . . . . . . . 5
6 If a binding agreement (see instructions) was entered into, enter the maximum applicable credit
percentage for:
a Acquisition cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a %
b Rehabilitation expenses . . . . . . . . . . . . . . . . . . . . . . . . . 6b %
c New construction expenses . . . . . . . . . . . . . . . . . . . . . . . . 6c %
General Instructions Specific Instructions See Regulations sections 1.42-6 and
1.42-8 for requirements that must be
Section references are to the Internal Line 4 met.
Revenue Code unless otherwise noted.
Enter the date of allocation. This is the The applicable percentage cannot be
Purpose of Form date the authorized official of the state less than 9% for any building that (1) is
State housing credit agencies use housing agency signs and dates the not federally subsidized, and (2) is
carryover allocation document.
Schedule A (Form 8610) to report placed in service after July 30, 2008. See
section 42(b)(2) and Notice 2008-106,
carryover allocations. Line 5 2008-49 I.R.B. 1239.
Major Disaster Declarations Enter the amount of carryover allocation. The applicable percentage cannot be
If you checked the “building based” box less than 4% for any new or existing
If a housing credit agency has granted on line 3a, enter the amount of credit federally subsidized building that is
any project relief for carryover allocations allocated to the building under section
discussed in section 6 of Rev. Proc. 42(h)(1)(E). If you checked the “project placed in service by the taxpayer after
2014-49, 2014-37 I.R.B. 535, the agency based” box on line 3a, enter the amount December 31, 2020. For the minimum
must attach to Form 8610 a copy of the of credit allocated to all the buildings in 4% rate to apply, a building must also
Schedule A (Form 8610) for the projects the project under section 42(h)(1)(F). receive an allocation of housing credit
for which it has approved relief. These dollar amount after December 31, 2020,
attached copies of Schedule A (Form Lines 6a, 6b, and 6c or have a portion of the building financed
8610) must have the box checked that Complete these lines only if both of the with an obligation described in section
indicates the housing credit agency following apply. 42(h)(4)(A) that is issued after December
granted carryover allocation relief under 31, 2020. See section 42(b)(3) and
Rev. Proc. 2014-49. The housing credit • There is a binding agreement between section 201(b) of the Taxpayer Certainty
agency should only include Schedules A the housing credit agency and the and Disaster Act of 2020 (Division EE of
(Form 8610) for projects receiving building owner for a specific housing P.L. 116-260), and also Rev. Rul.
approval of the carryover allocation relief credit dollar amount. 2021-20, 2021-51 I.R.B. 875, and Rev.
since the agency last filed Form 8610. • An election is made to use an Proc. 2021-43, 2021-51 I.R.B. 882.
The information from these particular applicable percentage for a month other
Schedules A (Form 8610) is not included than the month in which the property is
on any line in Part I or Part II of Form placed in service.
8610.
For Paperwork Reduction Act Notice, see the instructions for Form 8610. Cat. No. 30065T Schedule A (Form 8610) (Rev. 12-2023)