Form 8874-A Notice of Qualified Equity Investment for New Markets Cr

Form

8874-A

Notice of Qualified Equity Investment for
New Markets Credit

(March 2007)

OMB No. 1545-2065

Department of the Treasury
Internal Revenue Service

1

Name of qualified community development entity (CDE)

2

EIN of qualified CDE

3

If applicable, name of parent taxpayer with whom CDE
files a consolidated tax return

4

If applicable, EIN of parent taxpayer with whom CDE files
a consolidated tax return

5

Name of taxpayer making qualified equity investment

6

TIN of taxpayer making qualified equity investment

7

Date of qualified equity investment (mm/dd/yyyy)

8

Amount of qualified equity investment

9

/
Total allowable credit

/

10 a Allowable credit: Year 1
b Allowable credit: Year 2
c Allowable credit: Year 3
d Allowable credit: Year 4
e Allowable credit: Year 5
f Allowable credit: Year 6
g Allowable credit: Year 7
Under penalties of perjury, I declare that the qualified equity investment identified above was received by the CDE identified above.

Please
Sign
Here

©

Signature of authorized official of CDE

Date

Type or print name

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 49311G

Form

8874-A

(3-2007)

Form 8874-A (3-2007)

Page

2

General Instructions

Paperwork Reduction Act Notice

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

We ask for the information on this form to carry out the
Internal Revenue laws of the United States. You are
required to give us the information. We need it to
ensure that you are complying with these laws and to
allow us to figure and collect the right amount of tax.
You are not required to provide the information
requested on a form that is subject to the Paperwork
Reduction Act unless the form displays a valid OMB
control number. Books or records relating to a form or
its instructions must be retained as long as their
contents may become material in the administration of
any Internal Revenue law. Generally, tax returns and
return information are confidential, as required by
section 6103.
The time needed to complete and file this form will
vary depending on individual circumstances. The
estimated average time is:
Recordkeeping
4 hr., 32 min.
Learning about the
law or the form
12 min.
Preparing and sending
the form to the IRS
16 min.
If you have comments concerning the accuracy of
these time estimates or suggestions for making this
form simpler, we would be happy to hear from you.
You can write to the Internal Revenue Service, Tax
Products Coordinating Committee,
SE:W:CAR:MP:T:T:SP, 1111 Constitution Ave. NW,
IR-6406, Washington, DC 20224. Do not send the form
to this address. Instead, see Where To File above.

Purpose of Form
CDEs must provide notice to any taxpayer who acquires
a qualified equity investment in a CDE at its original
issue that the equity investment is a qualified equity
investment entitling the taxpayer to claim the new
markets credit. This form is used to make the
notification as required under Regulations section
1.45D-1(g)(2)(i)(A).

Where To File
Attn: LIHC Unit
DP 607 South, Philadelphia Campus
Internal Revenue Service
P.O. Box 331
Bensalem, PA 19020

When To File
The original signed form must be provided by the CDE
to the taxpayer no later than 60 days after the date the
taxpayer makes the investment in the CDE. Send a
copy of the form to the IRS at the address listed above.
Keep a copy for your records.
A separate form must be provided for each qualified
equity investment.

Additional Information
For more details, see Form 8874, New Markets Credit,
Pub. 954, Tax Incentives for Distressed Communities,
section 45D, Regulations section 1.45D-1, or
www.cdfifund.gov.