8038-CP Schedule A Specified Tax Credit Bonds Interest Limit Computation

Verify & Print Form

Specified Tax Credit Bonds Credit Computation

Schedule A
(Form 8038-CP)
(Rev. December 2022)

OMB No. 1545-0047

Complete for Form 8038-CP, line 17c, bond types 102, 103, 104, and 105.
Attach to Form 8038-CP.
Go to www.irs.gov/Form8038CP for instructions and the latest information.

Department of the Treasury
Internal Revenue Service
Issuer’s name

Employer identification number (EIN)

Interest payment date (MM/DD/YYYY)

Report number (from Form 8038-CP, line 10)

Complete the eligible interest computation using the table below. Complete the following table for each maturity of bonds outstanding
from Form 8038-CP, line 18, interest payment date. This schedule is to be used when claiming a credit under section 6431 for
specified tax credit bonds (new clean renewable energy bonds (NCREBs), qualified energy conservation bonds (QECBs), qualified
zone academy bonds (QZABs), and qualified school construction bonds (QSCBs)). If more lines are needed, use the additional table
on the back.
(a)
Bond maturity date

(b)
Interest payable on bond
maturity from Form 8038-CP,
line 18, interest payment date

(c)
(d)
Interest payable on bond
For NCREBs and QECBs, multiply
maturity from Form 8038-CP,
column (c) by 70% (0.70).
line 18, interest payment date
(Skip this column for QZABs and
calculated using Form 8038-CP,
QSCBs.)
line 19b, applicable credit rate

1 Total. Add amounts in column (e) above . . . . . . . . .
2 Amount from page 2, line 4 (if any) . . . . . . . . . . .
3 Add amounts on line 1 and line 2. Enter on Form 8038-CP, line 19c
For Paperwork Reduction Act Notice, see separate instructions.

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Cat. No. 74912N

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(e)
For NCREBs and QECBs, enter
the smaller of column (b) or (d).
For QZABs and QSCBs, enter
the smaller of column (b) or (c).

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Schedule A (Form 8038-CP) (Rev. 12-2022)

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Schedule A (Form 8038-CP) (Rev. 12-2022)

Complete the table below beginning with the first maturity following the maturity listed in the last row of the table on page 1.
(Continuation of table from page 1 for each maturity of bonds outstanding from Form 8038-CP, line 18, interest payment date.)
(a)
Bond maturity date

(b)
Interest payable on bond
maturity from Form 8038-CP,
line 18, interest payment date

(c)
(d)
Interest payable on bond
For NCREBs and QECBs, multiply
maturity from Form 8038-CP,
column (c) by 70% (0.70).
line 18, interest payment date
(Skip this column for QZABs and
calculated using Form 8038-CP,
QSCBs.)
line 19b, applicable credit rate

4 Total. Add amounts in column (e) above. Enter on page 1, line 2

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(e)
For NCREBs and QECBs, enter
the smaller of column (b) or (d).
For QZABs and QSCBs, enter
the smaller of column (b) or (c).

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Schedule A (Form 8038-CP) (Rev. 12-2022)