Schedule A (Form 8 Carryover Allocation of Low-Income Housing Credit

SCHEDULE A
(Form 8610)

OMB No. 1545-0990

Carryover Allocation of
Low-Income Housing Credit

Department of the Treasury
Internal Revenue Service

©

2006

Attach to Form 8610.

Name and address of housing credit agency

Employer identification number of agency

Check box if this is an amended
carryover allocation
1

Name and address of building owner receiving carryover allocation

3

Check if the carryover allocation is:

4

Date of carryover allocation

5

Amount of carryover allocation

6

If a binding agreement (see instructions) was entered into, enter the maximum applicable credit
percentage for:

7

©

©

building based or

/

/

2

©

Taxpayer identification number of building owner (include dash or dashes)

©

project based

5

a Acquisition cost

6a

%

b Rehabilitation expenses

6b

%

c New construction expenses

6c

%

7

Enter the number of BINs covered by this carryover allocation

Enter BINs of buildings included in this carryover allocation

For Paperwork Reduction Act Notice, see the instructions for Form 8610.

Cat. No. 30065T

Schedule A (Form 8610) (2006)

Schedule A (Form 8610) (2006)

Page

General Instructions

Line 5

Section references are to the
Internal Revenue Code unless
otherwise noted.

Enter the amount of carryover
allocation. If you checked the
“building based” box on line 3, enter
the amount of credit allocated to the
building under section 42(h)(1)(E). If
you checked the “project based”
box on line 3, enter the amount of
credit allocated to all the buildings in
the project under section 42(h)(1)(F).

Purpose of Form
State housing credit agencies use
Schedule A (Form 8610) to report
carryover allocations.

Specific Instructions
Line 4
Enter the date of allocation. This is
the date the authorized official of the
state housing agency signs and
dates the carryover allocation
document.

Lines 6a, b, and c
Complete these lines only if both of
the following apply.
● There is a binding agreement
between the housing credit agency
and the building owner for a specific
housing credit dollar amount.
● An election is made to use an
applicable percentage for a month
other than the month in which the
property is placed in service.

2

See Regulations sections 1.42-6
and 1.42-8 for requirements that
must be met.

BINs for Buildings Included
in the Carryover Allocation
Enter the building identification
number (BIN) for each building
covered by this carryover allocation.
If the carryover allocation was made
under section 42(h)(1)(E) for a single
building, enter only one BIN. If a
carryover allocation was made under
section 42(h)(1)(F) on a project basis
that includes more than one
building, enter the BIN for each
building covered by the carryover
allocation. If the carryover allocation
covers more buildings than spaces
provided, attach a statement
reporting the additional BINs.