SCH A (Form 8610) Carryover Allocation of Low-Income Housing Credit

SCHEDULE A
(Form 8610)
(Rev. December 2022)
Department of the Treasury
Internal Revenue Service

Carryover Allocation of
Low-Income Housing Credit

OMB No. 1545-0990

Attach to Form 8610.
Go to www.irs.gov/Form8610 for the latest information.

Name of housing credit agency

Employer identification number of agency

Address of housing credit agency

Check box if amended
carryover allocation . .

Check box if housing credit
agency granted carryover
allocation relief under Rev.
Proc. 2014-49 . . . .

1a

Name of building owner receiving carryover allocation

1b

Address of building owner receiving carryover allocation

.

.

FOR IRS USE ONLY

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

3 a Check if the carryover allocation is:
Building based or
Project based
b If the carryover allocation is subject to the nonprofit set-aside
under section 42(h)(5), you must check “Yes.” Otherwise, you
must check “No” . . . . . . . . . . . . . . .
Yes
No
c For calendar year 2021 or 2022 carryover allocations, if the building is located in a qualified disaster zone and designated for
purposes of section 42(h)(1)(E) to receive a placed-in-service date extension of 1 year, you must check this box . . . .
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:
a Acquisition cost . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b Rehabilitation expenses . . . . . . . . . . . . . . . . . . . . . . . . .
c New construction expenses . . . . . . . . . . . . . . . . . . . . . . . .

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

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

Major Disaster Declarations
If a housing credit agency has granted any
project relief for carryover allocations
discussed in section 6 of Rev. Proc.
2014-49, 2014-37 I.R.B. 535, 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.
2014-49. 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) is not
included on any line in Part I or Part II of
Form 8610.

Specific Instructions
Line 3c
Check the box for a 2021 or 2022 credit
allocation if the building is located in a
qualified disaster zone and designated for
purposes of section 42(h)(1)(E) to receive a

placed-in-service extension of 1 year
(including also a 1-year extension for
purposes of the 10% requirement in
section 42(h)(1)(E)(ii)).
Note: The term “qualified disaster zone”
means “that portion of any qualified
disaster area which was determined by the
President, during the period beginning on
January 1, 2020, and ending on the date
which is 60 days after the date of the
enactment of this Act, to warrant individual
or individual and public assistance from the
Federal Government under the Robert T.
Stafford Disaster Relief and Emergency
Assistance Act by reason of the qualified
disaster with respect to such disaster
area.” See section 301 of the Taxpayer
Certainty and Disaster Act of 2020 (Division
EE of P.L. 116-260). See Notice 2021-45,
2021-31 I.R.B. 170, for state populations
residing in qualified disaster zones.

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 3a, enter the amount of credit allocated
to the building under section 42(h)(1)(E). If
you checked the “project based” box on
line 3a, 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

5
6a
6b
6c

%
%
%

Lines 6a, 6b, and 6c
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.
The applicable percentage cannot be
less than 9% for any building that (1) is not
federally subsidized, and (2) is placed in
service after July 30, 2008. See section
42(b)(2) and Notice 2008-106, 2008-49
I.R.B. 1239.
The applicable percentage cannot be
less than 4% for any new or existing
federally subsidized building that is placed
in service by the taxpayer after December
31, 2020. For the minimum 4% rate to
apply, a building must also receive an
allocation of housing credit dollar amount
after December 31, 2020, or have a portion
of the building financed with an obligation
described in section 42(h)(4)(A) that is
issued after December 31, 2020. See
section 42(b)(3) and section 201(b) of the
Taxpayer Certainty and Disaster Act of
2020 (Division EE of P.L. 116-260), and
also Rev. Rul. 2021-20, 2021-51 I.R.B. 875,
and Rev. Proc. 2021-43, 2021-51 I.R.B.
882.
Schedule A (Form 8610) (Rev. 12-2022)