Summary of Changes

IRS - OMB REVIEW REQUEST FORM
Request for OMB review of currently approved document:
Date:

Name: Janice Martin

07/24/2009

Office Symbols: SE:W:CAR:MP:T:I:P
Phone Number:

202-283-2640

Summary of Changes
1. P.L. 111-5, section 1541, added new IRC section 853A, which allows RICs to make an election to distribute tax
credit bond credits to shareholders. For the reporting of the tax credit bond credits, we added boxes 10a and 10b to
the form. We also added under the Instructions for Recipients, text for boxes 10a and 10b.
2. Under IRC section 54A(h), REITS that hold qualified tax credit bonds distribute credits to shareholders

Impact on Approved Collection
Public
Law No.

Regulation
No.

Other
Code
References

SAMPLE:
PL 109-567

PL 111-5

REG-345675-08

RP 2009-134

+/- 5

Change In IRS Form
& Instructions
No. of Filers
Words

+/- 20,000

+/- 500

Attachments

+/- 1

+70

*Please insert how this new (PL, REG, or other), document will affect the currently approved collection.

IRS - OMB REVIEW REQUEST FORM
Request for OMB review of currently approved document:
Date:

(Continued)

Name: Janice Martin

07/24/2009

Office Symbols: SE:W:CAR:MP:T:I:P
Phone Number:

Additional Information:

2

202-283-2640