Instructions for IRS Form 8912 Credit to Holders of Tax Credit Bonds

IRS Form 8912 Credit to Holders of Tax Credit Bonds

This document contains official instructions for IRS Form 8912 , Credit to Holders of Tax Credit Bonds - 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 8912 is available for download through this link.

FAQ

Q: What is IRS Form 8912?A: IRS Form 8912 is a form used to claim the credit for holders of tax credit bonds.

Q: Who needs to file IRS Form 8912?A: Individuals and entities that hold tax credit bonds and are eligible for the credit need to file IRS Form 8912.

Q: What is the purpose of IRS Form 8912?A: The purpose of IRS Form 8912 is to claim the credit for holders of tax credit bonds.

Q: What information is required to complete IRS Form 8912?A: To complete IRS Form 8912, you will need the information related to your tax credit bonds, such as the bond issuer, the issue date, the credit amount, and any previous credits claimed.

Q: Can I file IRS Form 8912 electronically?A: Yes, you can file IRS Form 8912 electronically if you are filing your tax return electronically.

Q: Do I need to attach any supporting documents with IRS Form 8912?A: Yes, you may need to attach supporting documents, such as a copy of the Form 1097-BTC received from the bond issuer.

Q: What is the deadline to file IRS Form 8912?A: The deadline to file IRS Form 8912 is usually the same as the deadline to file your federal income tax return, which is April 15th.

Q: What should I do if I made a mistake on IRS Form 8912?A: If you made a mistake on IRS Form 8912, you should correct it by filing an amended form (Form 8912) with the correct information.

Q: What happens after I file IRS Form 8912?A: After you file IRS Form 8912, the IRS will process your form and determine if you are eligible for the credit.