----

----

| Pennsylvania                                                   | 23- 3080409                             |
|----------------------------------------------------------------|-----------------------------------------|
| (State or other jurisdiction of incorporation or organization) | (I.R.S. Employer Identification Number) |

| Large accelerated filer  ̈                 | Accelerated filer  ̈    |
|------------------------------------------------|-----------------------------|
| Non-accelerated filer  ̈                   | Smaller reporting company T |
| (Do not check if a smaller reporting company.) |                        |

----

----

----

|      | PART I                                                                                |      |
|-----------|---------------------------------------------------------------------------------------|-----------|
| Item 1.   | Financial Statements                                                                  |   3  |
| Item 2.   | Management's Discussion and Analysis of Financial Condition and Results of Operations |   14 |
| Item 3.   | Quantitative and Qualitative Disclosures About Market Risk                            |   18 |
| Item 4T.  | Controls and Procedures                                                               |   19 |
|      | PART II                                                                               |      |
| Item 1.   | Legal Proceedings                                                                     |   19 |
| Item 1 A. | Risk Factors                                                                          |   19 |
| Item 2.   | Unregistered Sales of Equity Securities and Use of Proceeds                           |   19 |
| Item 3.   | Defaults Upon Senior Securities                                                       |   19 |
| Item 4.   | Submission of Matters to a Vote of Securities Holders                                 |   19 |
| Item 5.   | Other Information                                                                     |   19 |
| Item 6.   | Exhibits                                                                              |   19 |

----

| Commonwealth Income & Growth Fund IV                                                                                                                                                |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Condensed Balance Sheets                                                                                                                                                                |   |
|                                                                                                                                                                                    |   |   |   |
|                                                                                                                                                                                    |   |   | June 30, |   |   |   |  December 31, |   |
|                                                                                                                                                                                    |   |   |  2010 |   |   |   |  2009 |   |
|                                                                                                                                                                                    |   |   |  (unaudited) |   |   |   |   |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |
| ASSETS                                                                                                                                                                                  |   |   |   |   |   |   |   |   |
| Cash and cash equivalents                                                                                                                                                               |   |   | $ | 210,449 |   |   |   | $ | 154,079 |   |
| Lease income receivable, net of reserve of  approximately $32,000 and $280,000 at June 30, 2010 and December 31, 2009, respectively                                           |   |   | 48,294 |   |   |   |   | 36,475 |   |
| Accounts receivable, other affiliated partnerships                                                                                                                                      |   |   |   | 6,778 |   |   |   |   | 6,825 |   |
| Refundable deposits                                                                                                                                                                     |   |   |   | 1,130 |   |   |   |   | 1,130 |   |
| Prepaid expenses                                                                                                                                                                        |   |   |   | 646 |   |   |   |   | 91 |   |
|                                                                                                                                                                                    |   |   |   | 267,297 |   |   |   |   | 198,600 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Net investment in finance leases                                                                                                                                                        |   |   |   | 5,491 |   |   |   |   | 6,678 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Technology equipment, at cost                                                                                                                                                           |   |   |   | 3,359,271 |   |   |   |   | 5,489,325 |   |
| Accumulated depreciation                                                                                                                                                                |   |   |   | (2,789,477 | ) |   |   |   | (4,904,218 | ) |
|                                                                                                                                                                                    |   |   |   | 569,794 |   |   |   |   | 585,107 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Equipment acquisition costs and deferred expenses, net of accumulated amortization of approximately $18,000 and  $37,000 at June 30, 2010 and December 31, 2009, respectively |   |   | 14,929 |   |   |   |   | 14,791 |   |
| Prepaid acquisition fees                                                                                                                                                                |   |   |   | 46,642 |   |   |   |   | 52,006 |   |
|                                                                                                                                                                                    |   |   |   | 61,571 |   |   |   |   | 66,797 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Total assets                                                                                                                                                                            |   |   | $ | 904,153 |   |   |   | $ | 857,182 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES AND PARTNERS' CAPITAL                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| LIABILITIES                                                                                                                                                                             |   |   |   |   |   |   |   |   |   |   |
| Accounts payable                                                                                                                                                                        |   |   | $ | 98,377 |   |   |   | $ | 81,537 |   |
| Accounts payable, General Partner                                                                                                                                                       |   |   |   | 293,139 |   |   |   |   | 293,076 |   |
| Accounts payable, Commonwealth Capital Corp.                                                                                                                                            |   |   |   | 424,032 |   |   |   |   | 489,618 |   |
| Other accrued expenses                                                                                                                                                                  |   |   |   | 8,772 |   |   |   |   | 28,785 |   |
| Unearned lease income                                                                                                                                                                   |   |   |   | 36,415 |   |   |   |   | 51,821 |   |
| Notes payable                                                                                                                                                                           |   |   |   | 106,448 |   |   |   |   | 67,243 |   |
| Total liabilities                                                                                                                                                                       |   |   |   | 967,183 |   |   |   |   | 1,012,080 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| PARTNERS' CAPITAL                                                                                                                                                                       |   |   |   |   |   |   |   |   |   |   |
| General Partner                                                                                                                                                                         |   |   |   | 1,000 |   |   |   |   | 1,000 |   |
| Limited Partners                                                                                                                                                                        |   |   |   | (64,030 | ) |   |   |   | (155,898 | ) |
| Total Partners' Capital                                                                                                                                                                 |   |   |   | (63,030 | ) |   |   |   | (154,898 | ) |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| Total Liabilities and Partners' Capital                                                                                                                                                 |   |   | $ | 904,153 |   |   |   | $ | 857,182 |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
|                                                                                                                                                                                    |   |   |   |   |   |   |   |   |   |   |
| see accompanying notes to condensed financial statements                                                                                                                                |   |   |

----

| Commonwealth Income & Growth Fund IV                                                      |               |
|-----------------------------------------------------------------------------------------------|--------------------|
| Condensed Statements of Operations                                                            |               |
| (unaudited)                                                                                   |               |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                          | Three Months Ended |   | Six Months Ended |   |
|                                                                                          | June 30,           |   | June 30, |   |
|                                                                                          |               |   | 2010 |   |   |   |  2009 |   |   |   |  2010 |   |   |   |  2009 |   |
| Revenue                                                                                       |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Lease                                                                                         |               |   | $ | 136,364 |   |   |   | $ | 225,650 |   |   |   | $ | 276,205 |   |   |   | $ | 464,888 |   |
| Interest and other                                                                            |               |   |   | 1,687 |   |   |   |   | 173 |   |   |   |   | 2,332 |   |   |   |   | 443 |   |
| Gain on sale of computer equipment                                                            |               |   |   | 154 |   |   |   |   | - |   |   |   |   | 32,192 |   |   |   |   | 1,262 |   |
| Total revenue                                                                                 |               |   |   | 138,205 |   |   |   |   | 225,823 |   |   |   |   | 310,729 |   |   |   |   | 466,593 |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Expenses                                                                                      |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Operating, excluding depreciation                                                             |               |   |   | 40,129 |   |   |   |   | 52,917 |   |   |   |   | 73,446 |   |   |   |   | 98,934 |   |
| Interest                                                                                      |               |   |   | 814 |   |   |   |   | 3,345 |   |   |   |   | 1,781 |   |   |   |   | 7,127 |   |
| Depreciation                                                                                  |               |   |   | 118,789 |   |   |   |   | 136,062 |   |   |   |   | 233,983 |   |   |   |   | 278,891 |   |
| Amortization of equipment acquisition costs and deferred expenses                             |               |   | 2,733 |   |   |   |   | 5,336 |   |   |   |   | 5,225 |   |   |   |   | 10,781 |   |
| Bad debt expense                                                                              |               |   |   | 207 |   |   |   |   | 10,000 |   |   |   |   | 207 |   |   |   |   | 10,000 |   |
| Loss on sale of computer equipment                                                            |               |   |   | - |   |   |   |   | 7,710 |   |   |   |   | - |   |   |   |   | - |   |
| Total expenses                                                                                |               |   |   | 162,672 |   |   |   |   | 215,370 |   |   |   |   | 314,642 |   |   |   |   | 405,733 |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss)                                                                             |               |   | $ | (24,467 | ) |   |   | $ | 10,453 |   |   |   | $ | (3,913 | ) |   |   | $ | 60,860 |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) allocated to Limited Partners                                               |               |   | $ | (24,467 | ) |   |   | $ | 10,453 |   |   |   | $ | (3,913 | ) |   |   | $ | 60,860 |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net income (loss) per equivalent Limited Partnership unit                                     |               |   | $ | (0.03 | ) |   |   | $ | 0.01 |   |   |   | $ | (0.01 | ) |   |   | $ | 0.08 |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted average number of equivalent limited partnership units outstanding during the period |               |   | 749,400 |   |   |   |   | 749,400 |   |   |   |   | 749,400 |   |   |   |   | 749,400 |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|                                                                                          |               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| see accompanying notes to condensed financial statements                                      |               |   |

----

|                                                     |   |    |   |   |    |   |    |    |   |   |     |   |   |   |     |
|----------------------------------------------------------|--------|---------|--------|--------|---------|--------|---------|---------|--------|--------|----------|--------|--------|--------|----------|
| Commonwealth Income & Growth Fund IV                 |   |
| Condensed Statements of Partners' Capital (Deficit)      |   |
| For the six months ended June 30, 2010                   |   |
| (unaudited)                                              |   |
|                                                     |   |    |   |   |    |   |    |    |   |   |     |   |   |   |     |
|                                                     |   |    |   |   |    |   |    |    |   |   |     |   |   |   |     |
|                                                     |   | General |   |   | Limited |   |    |    |   |   |     |   |   |   |     |
|                                                     |   | Partner |   |   | Partner |   |    | General |   |   | Limited  |   |   |   |     |
|                                                     |   | Units   |   |   | Units   |   |    | Partner |   |   | Partners |   |   | Total  |     |
| Balance, January 1, 2010                                 |   |    | 50     |   |    |   | 749,400 |    |   | $      | 1,000    |   |   | $      | (155,898 | ) |   | $ | (154,898 | ) |
| Net (loss)                                               |   |    | -      |   |    |   | -       |    |   |   | -        |   |   |   | (3,913   | ) |   |   | (3,913 | ) |
| Forgiveness, payables                                    |   |    | -      |   |    |   | -       |    |   |   | -        |   |   |   | 130,000  |   |   |   | 130,000 |   |
| Capital contributions- CCC                               |   |    | -      |   |    |   | -       |    |   |   | -        |   |   |   | 151,067  |   |   |   | 151,067 |   |
| Distributions                                            |   |    | -      |   |    |   | -       |    |   |   | -        |   |   |   | (185,286 | ) |   |   | (185,286 | ) |
| Balance, June 30, 2010                                   |   |    | 50     |   |    |   | 749,400 |    |   | $      | 1,000    |   |   | $      | (64,030  | ) |   | $ | (63,030 | ) |
|                                                     |   |    |   |   |    |   |    |    |   |   |     |   |   |   |     |   |   |   |   |   |
|                                                     |   |    |   |   |    |   |    |    |   |   |     |   |   |   |     |   |   |   |   |   |
|                                                     |   |    |   |   |    |   |    |    |   |   |     |   |   |   |     |   |   |   |   |   |
| see accompanying notes to condensed financial statements |   |    |   |   |    |   |    |    |   |

----

| Commonwealth Income & Growth Fund IV                 |             |
|----------------------------------------------------------|------------------|
| Condensed Statements of Cash Flow                        |             |
| (unaudited)                                              |             |
|                                                     |             |   |   |   |   |   |   |   |
|                                                     | Six Months ended |   | Six Months ended |   |
|                                                     | June 30,         |   | June 30, |   |
|                                                     | 2010             |   | 2009 |   |
|                                                     |             |   |   |   |   |   |   |   |
| Net cash provided by operating activities                |             |   | $ | 208,247 |   |   |   | $ | 268,525 |   |
|                                                     |             |   |   |   |   |   |   |   |   |   |
| Investing activities:                                    |             |   |   |   |   |   |   |   |   |   |
| Capital Expenditures                                     |             |   |   | (1,009 | ) |   |   |   | (32,717 | ) |
| Payments from finance leases                             |             |   |   | 1,644 |   |   |   |   | - |   |
| Net proceeds from the sale of computer equipment         |             |   |   | 32,774 |   |   |   |   | 15,715 |   |
| Net cash (used in) provided by investing activities      |             |   |   | 33,409 |   |   |   |   | (17,002 | ) |
|                                                     |             |   |   |   |   |   |   |   |   |   |
| Financing activities:                                    |             |   |   |   |   |   |   |   |   |   |
| Distributions to partners                                |             |   |   | (185,286 | ) |   |   |   | (185,286 | ) |
| Net cash (used in) financing activities                  |             |   |   | (185,286 | ) |   |   |   | (185,286 | ) |
|                                                     |             |   |   |   |   |   |   |   |   |   |
| Net increase in cash and cash equivalents                |             |   |   | 56,370 |   |   |   |   | 66,237 |   |
|                                                     |             |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents beginning of period            |             |   |   | 154,079 |   |   |   |   | 952 |   |
|                                                     |             |   |   |   |   |   |   |   |   |   |
| Cash and cash equivalents end of period                  |             |   | $ | 210,449 |   |   |   | $ | 67,189 |   |
|                                                     |             |   |   |   |   |   |   |   |   |   |
|                                                     |             |   |   |   |   |   |   |   |   |   |
|                                                     |             |   |   |   |   |   |   |   |   |   |
| see accompanying notes to condensed financial statements |             |   |

----

----

----

----

----

----

|                               |   | Amount |
|------------------------------------|--------|--------|
| Six months ended December 31, 2010 |   | $      | 257,000 |
| Year Ended December 31, 2011       |   |   | 157,000 |
| Year Ended December 31, 2012       |   |   | 78,000 |
| Year Ended December 31, 2013       |   |   | 7,000 |
|                               |   | $      | 499,000 |
|                               |   |   |   |

|                                                        |   | Amount |
|-------------------------------------------------------------|--------|--------|
| Total minimum lease payments to be received                 |   | $      | 5,500 |
| Estimated residual value of leased equipment (unguaranteed) |   |   | 1,000 |
| Less: unearned income                                       |   |   | (1,000) |
| Net investment in direct finance leases                     |   | $      | 5.500 |

|                               |   | Amount |
|------------------------------------|--------|--------|
| Six months ended December 31, 2010 |   | $      | 2,000 |
| Year Ended December 31, 2011       |   |   | 3,000 |
| Year Ended December 31, 2012       |   |   | 500 |
|                               |   | $      | 5,500 |

| Six months ended June 30,                                                                                                                                                                                                                                                                                                                                                                                        | 2010    | 2009    |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                             |    |    |
|                                                                                                                                                                                                                                                                                                                                                                                                             |    |    |
| Reimbursable expenses                                                                                                                                                                                                                                                                                                                                                                                            |    |    |
| Reimbursable expenses, which are charged to the partnership by CCC in connection with the administration and operation of the Partnership, are allocated to the Partnership based upon several factors including, but not limited to, the number of investors, compliance issues, and the number of existing leases. See "Summary of Significant Accounting Policies - Reimbursable Expenses,” above.      | $45,000 | $55,000 |
|                                                                                                                                                                                                                                                                                                                                                                                                             |    |    |
| Equipment acquisition fee                                                                                                                                                                                                                                                                                                                                                                                        |    |    |
| The General Partner earned an equipment acquisition fee of 4% of the purchase price of each item of equipment purchased, as compensation for the negotiation of the acquisition of the equipment and lease thereof, or sale under a conditional sales contract. At June 30, 2010, the remaining balance of prepaid acquisition fees was approximately $47,000, which is expected to be earned in future periods. | $5,000  | $6,000  |
|                                                                                                                                                                                                                                                                                                                                                                                                             |    |    |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
| Equipment management fee                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
| The General Partner is entitled to be paid a monthly fee equal to the lesser of (i) the fees which would be charges by and independent third party for similar services for similar equipment or (ii) the sum of (a) two percent of (1) the gross lease revenues attributable to equipment which is subject to full payout net leases which contain net lease provisions plus (2) the purchase price paid on conditional sales contracts as received by the Partnership and (b) 5% of the gross lease revenues attributable to equipment which is subject to operating leases and 2% of the gross lease revenues attributable to equipment which is subject to finance leases. For six months ended June 30, 2010 total equipment management fees of approximately $14,000 were earned but were waived by the General Partner. For the six months ended June 30, 2009, total equipment management fees of approximately $23,000 were earned but waived by the General Partner. | $-     | $ -    |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
| Equipment liquidation fee                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |
| With respect to each item of equipment sold by the General Partner (other than in connection with a conditional sales contract), a fee equal to the lesser of (i) 50% of the competitive equipment sale commission or (ii) three percent of the sales price for such equipment is payable to the General Partner. The payment of such fee is subordinated to the receipt by he limited partners of (i) a return of their net capital contributions and a 10% per annum cumulative return, compounded daily, on adjusted capital contribution and (ii) the net disposition proceeds form such sale in accordance with the Partnership Agreement. Such fee will be reduced to the extent any liquidation of resale fees are paid to unaffiliated parties.For the six months ended June 30, 2010, such fees were waived by the General Partner. | $-     | $1,000 |

|                                                                                                                                                                                     |   | June 30, 2010 |    |   | December 31, 2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|---------|--------|-------------------|--------|
|                                                                                                                                                                                     |   |          |    |   |              |   |
| Installment notes payable to bank; interest at 5.75% due in quarterly installments ranging from $2,528 to $5,083, including interest, with final payments from January through July 2011 |   | $             | 46,000  |   |              | $      | 67,000 |   |
|                                                                                                                                                                                     |   |          |    |   |              |   |   |   |
| Installment note payable to bank; interest at 7.50% due in monthly installments ranging of $6,632, including interest, with final payment in October 2012                                |   |          | 60,000  |   |              |   | - |   |
|                                                                                                                                                                                     |   | $             | 106,000 |   |              | $      | 67,000 |   |

|                               |   | Amount |
|------------------------------------|--------|--------|
| Six months ended December 31, 2010 |   | $      | 34,000 |
| Year ended December 31, 2011       |   |   | 47,000 |
| Year ended December 31, 2012       |   |   | 25,000 |
|                               |   | $      | 106,000 |
|                               |   |   |   |

----

| Six months ended June 30                                                                                                                |   | 2010   |   |   | 2009   |
|-----------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|
| Lease revenue net of interest expense on notes payable realized as a result of  direct payment of principal by lessee to bank |   | $      | 28,000 |   |   | $ | 129,000 |
|                                                                                                                                    |   |   |   |   |   |   |   |

| Six months ended June 30,                                                       |   | 2010   |    |   | 2009   |
|---------------------------------------------------------------------------------|--------|--------|---------|--------|--------|
| Forgiveness of related party payables recorded as a capital contribution        |   | $      | 130,000 |   |   | $ | 79,000 |
| Capital Contribution- equipment transfer from CCC                               |   | $      | 151,000 |   |   | $ | 111,000 |
| Debt assumed in connection with purchase of technology equipment                |   | $      | 67,000  |   |   | $ | - |
| Equipment acquisition fees earned by General Partner upon purchase of equipment |   | $      | 5,000   |   |   | $ | 6,000 |
|                                                                            |   |   |    |   |   |   |   |

----

----

----

----

----

| Part II:                                                                                      | OTHER INFORMATION                                           |
|--------------------------------------------------------------------------------------------------------------------------------------------|-------------------------------------------------------------|
|                                                                                                                                       |                                                        |
| Item 1.                                                                                                                          | Legal Proceedings                                           |
|                                                                                                                                       | N/A                                                         |
|                                                                                                                                       |                                                        |
| Item 1A                                                                                                                                    | Risk Factors                                                |
|                                                                                                                                       | N/A                                                         |
|                                                                                                                                       |                                                        |
| Item 2.                                                                                       | Unregistered Sales of Equity Securities and Use of Proceeds |
|                         | N/A                                                         |
|                                                                                                                                       |                                                        |
| Item 3.                                                                                       | Defaults Upon Senior Securities                             |
|                         | N/A                                                         |
|                                                                                                                                       |                                                        |
| Item 4.                                                                                                                                    | Submission of Matters to a Vote of Securities Holders       |
|                                                                                                                                       | N/A                                                         |
|                                                                                                                                       |                                                        |
| Item 5.                                                                                                                                    | Other Information                                           |
|                                                                                                                                       | N/A                                                         |
|                                                                                                                                       |                                                        |
| Item 6.                                                                                                                                    | Exhibits                                                    |

31.1 THE RULE 15d-14(a) CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

31.2 THE RULE 15d-14(a) CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

32.1 SECTION 1350 CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER

32.2 SECTION 1350 CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER

|            | COMMONWEALTH INCOME & GROWTH FUND IV                         |
|-----------------|------------------------------------------------------------------|
|            | BY: COMMONWEALTH INCOME & GROWTH FUND, INC., General Partner |
|            |                                                             |
|            |                                                             |
| August 16, 2010 | By: /s/ Kimberly A. Springsteen-Abbott                           |
| Date            | Kimberly A. Springsteen-Abbott                                   |
|            | Chief Executive Officer                                          |
|            |                                                             |
|            |                                                             |
| August 16, 2010 | By: /s/ Lynn A. Franceschina                                     |
| Date            | Lynn A. Franceschina                                             |
|            | Executive Vice President, Chief Operating Officer                |
|            |                                                             |