SCHEDULE A 

(Form 8610) 

(Rev. December 2023) 

Carryover Allocation of 

Low-Income Housing Credit 

Department of the Treasury 

Internal Revenue Service 

Attach to Form 8610. 

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

OMB No. 1545-0990 

Name of housing credit agency Employer identification number of agency 

Address of housing credit agency Check box if housing credit 

agency granted carryover 

allocation relief under Rev. 

Proc. 2014-49 . . . .

Check box if amended 

carryover allocation . . . .

FOR IRS USE ONLY 

1a Name of building owner receiving carryover allocation 

1b Address of building owner receiving carryover allocation 

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 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

4 Date of carryover allocation 

5 Amount of carryover allocation . . . . . . . . . . . . . . . . . . . . . . . 5 

6 If a binding agreement (see instructions) was entered into, enter the maximum applicable credit 

percentage for: 

a Acquisition cost . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6a %

b Rehabilitation expenses . . . . . . . . . . . . . . . . . . . . . . . . . 6b %

c New construction expenses . . . . . . . . . . . . . . . . . . . . . . . . 6c %

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 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). 

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.

For Paperwork Reduction Act Notice, see the instructions for Form 8610. Cat. No. 30065T Schedule A (Form 8610) (Rev. 12-2023)