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Instructions for Recipient
Issuers of certain tax credit bonds or their agents, and recipients of hyphen and then an account number or other unique identifying
Form 1097-BTC from the bond issuer or agent who are further number.
distributing the credit, such as brokers, nominees, mutual funds, or If no CUSIP number is available, the account number, or other
partnerships, must report to you on at least a quarterly basis, and file unique identifying number by which the bond transaction is tracked by
with the IRS annually on a separate Form 1097-BTC, the amount of the issuer, is shown in box 2b.
tax credit you are allowed for each month of the calendar year (see C—CUSIP number
instructions).
Recipient's taxpayer identification number (TIN). For your A—Account number
protection, this form may show only the last four digits of your TIN O—Any other identifier
(social security number (SSN), individual taxpayer identification Box 2b. Shows the unique identifier assigned by the Form 1097-BTC
number (ITIN), adoption taxpayer identification number (ATIN), or issuer, limited to 39 alphanumeric characters.
employer identification number (EIN)). However, the issuer has Shows the codes for tax credit bonds that are reported on
reported your complete TIN to the IRS. Box 3.
separate Forms 1097-BTC:
You will not receive a separate fourth quarter report. The 101—Clean renewable energy bond
credits for the fourth quarter will be reported together with
▲! the annual aggregate total amount of allowable credits 199—Other
CAUTION provided to you by February 18, 2020. Boxes 5a–5l. These boxes show the amount of the credit you are
Note: The first three quarters reported on the annual report are allowed for the month during the calendar year.
duplicative amounts previously reported. You are allowed to take the You may be entitled to claim a credit against your income tax
credit amount from each quarter only once. liabilities, subject to certain limitations under section 54A(c).
The checkbox shows if the filer is the issuer of the bond or its agent, Additionally, clean renewable energy bond credits received from a
or is an entity or a person that received or should have received this pass-through entity are limited to the income received from the pass-
form and is making a further distribution of the credit. through entity. New clean renewable energy bond and qualified
energy conservation bond credits are limited to 70% of the credit
Box 1. Shows the aggregate total of credits allowed for the calendar amounts determined under section 54A(b); the credit reported on
year. Form 1097-BTC is the credit amount after the 70% limit has been
Box 2a. Indicates if the unique identification number is your account applied. For more information, see Form 8912.
number, the CUSIP number of the bond, or another identifier. For Box 6. May show any additional information provided by the form
filings of Form 1097-BTC by the issuer of the bond or its agent (as issuer.
indicated by the first checkbox being checked), the first nine Future developments. For the latest information about
characters of the unique identifier in box 2b must be the CUSIP developments related to Form 1097-BTC and its instructions, such as
number, if available. For further identification, if necessary or desired legislation enacted after they were published, go to
by the issuer, the CUSIP number can be followed by an optional www.irs.gov/Form1097BTC.
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