Form 8586 Low-Income Housing Credit

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Version A, Cycle 1

Form

8586

Low-Income Housing Credit
© Attach

Department of the Treasury
Internal Revenue Service (99)
Name(s) shown on return

Part I
1
2

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4
5

OMB No. 1545-0984

2009

to your tax return.

Attachment
Sequence No. 36a
Identifying number

f
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s
a
9
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0
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0
a
2
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D /24
6
0

Buildings Placed in Service Before 2008

Number of Forms 8609-A attached for buildings placed in service before
2008 . . . . . . . . . . . . . . . . . . . . . . ©
Has there been a decrease in the qualified basis of any buildings accounted for on line 1 since
Yes
No
the close of the preceding tax year?
If “Yes,” enter the building
identification numbers (BINs) of the buildings that had a decreased basis. If you need more
space, attach a schedule.

(i)
(ii)
(iii)
(iv)
Current year credit from attached Form(s) 8609-A for buildings placed in service before 2008
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . .
Low-income housing credit for buildings placed in service before 2008 from partnerships, S
corporations, estates, and trusts . . . . . . . . . . . . . . . . . . . . .
Add lines 3 and 4. Estates and trusts, go to line 6; partnerships and S corporations, report this
amount on Schedule K; all others, report this amount on Form 3800, line 1d . . . . . . .

6

Amount allocated to beneficiaries of the estate or trust (see instructions) .

7

Estates and trusts. Subtract line 6 from line 5. Report this amount on Form 3800, line 1d

Part II
8
9

11
12

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4
5

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6

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7

Buildings Placed in Service After 2007

Number of Forms 8609-A attached for buildings placed in service after
2007 . . . . . . . . . . . . . . . . . . . . . . . ©
Has there been a decrease in the qualified basis of any buildings accounted for on line 8 since
Yes
No
the close of the preceding tax year?
If “Yes,” enter the building
identification numbers (BINs) of the buildings that had a decreased basis. If you need more
space, attach a schedule.
(i)

10

.

3

(ii)

(iii)

(iv)

Current year credit from attached Form(s) 8609-A for buildings placed in service after 2007
(see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . .
Low-income housing credit for buildings placed in service after 2007 from partnerships, S
corporations, estates, and trusts . . . . . . . . . . . . . . . . . . . . .
Add lines 10 and 11. Partnerships and S corporations, report this amount on Schedule K; all
others, continue to line 13 . . . . . . . . . . . . . . . . . . . . . . .

10
11
12

13

Low-income housing credit included on line 12 from passive activities (see instructions) .

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14

Subtract line 13 from line 12

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14

15

Low-income housing credit allowed for 2009 from a passive activity (see instructions)

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Carryforward of low-income housing credit to 2009 (see instructions) .

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18

Carryback of low-income housing credit from 2010 (see instructions) . . . . . . . . .
Add lines 14 through 17. Estates and trusts, go to line 19; all others, report this amount on Form
3800, line 29d . . . . . . . . . . . . . . . . . . . . . . . . . . .

17

19

Amount allocated to beneficiaries of the estate or trust (see instructions) .

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19

20

Estates and trusts. Subtract line 19 from line 18. Report this amount on Form 3800, line 29d .

20

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For Paperwork Reduction Act Notice, see instructions.

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Cat. No. 63987I

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Form 8586 (2009)