Form 8610, Annual Low-Income Housing Credit Agencies Report, Schedule A (Form 8610), Carryover Allocation of Low-Income Housing Credit

SCHEDULE A
(Form 8610)

Carryover Allocation of
Low-Income Housing Credit

(Rev. December 2007)
Department of the Treasury
Internal Revenue Service

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OMB No. 1545-0990

Attach to Form 8610.
Employer identification number of agency

Name of housing credit agency

Address of housing credit agency

Check box if housing credit
agency granted carryover
allocation relief under Rev.
Proc. 2007-54

Check box if amended
carryover allocation
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1a

Name of building owner receiving carryover allocation

1b

Address of building owner receiving carryover allocation

3

Check if the carryover allocation is:

4
5
6

/
/
Date of carryover allocation ©
Amount of carryover allocation
If a binding agreement (see instructions) was entered into, enter the maximum applicable credit
percentage for:

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building based or

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

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project based

a Acquisition cost
b Rehabilitation expenses
c New construction expenses
7

Enter the number of BINs covered by this carryover allocation (also complete line 8 on page 2)

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

What’s New
If a housing credit agency has granted
any project relief for carryover
allocations discussed in section 5 of
Rev. Proc. 2007-54, the agency must
attach to Form 8610 a copy of Schedule
A (Form 8610) for the projects for which
it has approved relief, and check the
corresponding checkbox on Schedule A
(Form 8610). For more information, see
Major Disaster Declarations Issued After
July 1, 2007, later.
The IRS will revise this December
2007 revision only when necessary.
Continue to use this revision until a new
revision is issued.

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

Major Disaster Declarations
Issued After July 1, 2007
If a housing credit agency has granted
any project relief for carryover
allocations discussed in section 5 of
Rev. Proc. 2007-54, 2007-31 I.R.B. 293,

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FOR IRS USE ONLY

5

6a
6b
6c
7

the agency must attach to Form 8610 a
copy of the Schedule A (Form 8610) for
the projects for which it has approved
relief. These attached copies of Schedule
A (Form 8610) must have the box
checked that indicates the housing credit
agency granted carryover allocation relief
under Rev. Proc. 2007-54. The housing
credit agency should only include
Schedules A (Form 8610) for projects
receiving approval of the carryover
allocation relief since the agency last
filed Form 8610. The information from
these particular Schedules A (Form 8610)
are not included on any line in Part I or
Part II of Form 8610.

Lines 6a, b, and c

Specific Instructions

BINs for Buildings Included
in the Carryover Allocation

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.

Line 5
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).

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

Cat. No. 30065T

%
%
%

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

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.
Schedule A (Form 8610) (Rev. 12-2007)

Schedule A (Form 8610) (Rev. 12-2007)

8

Page

2

Enter BINs of buildings included in this carryover allocation

Schedule A (Form 8610) (Rev. 12-2007)