This document contains official instructions for IRS Form 8609 , Low-Income Housing Credit Allocation and Certification - a tax form released and collected by the Internal Revenue Service (IRS), a subdivision of the U.S. Department of the Treasury. An up-to-date fillable IRS Form 8609 is available for download through this link.
Q: What is IRS Form 8609?
A: IRS Form 8609 is used for low-income housing credit allocation and certification.
Q: Who needs to file IRS Form 8609?
A: Developers of qualified low-income housing projects need to file IRS Form 8609.
Q: What is the purpose of IRS Form 8609?
A: The purpose of IRS Form 8609 is to claim the low-income housing credit.
Q: What information is required on IRS Form 8609?
A: IRS Form 8609 requires information about the low-income housing project, the eligible basis, and the qualified basis.
Q: When is the deadline to file IRS Form 8609?
A: The deadline to file IRS Form 8609 is usually the same as the deadline to file the tax return for the year in which the project is placed in service.
Q: Are there any penalties for not filing IRS Form 8609?
A: Yes, there are penalties for not filing IRS Form 8609 or for filing the form late.
Q: Can I electronically file IRS Form 8609?
A: No, IRS Form 8609 cannot be filed electronically. It must be filed by mail.
Instruction Details:
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