The scope of this guide is limited to guidelines for preparing Form 8823 for submission to the IRS. Taxpayers are responsible for evaluating the tax consequences of noncompliance with IRC §42.
The scope of this guide is limited to guidelines for IRS examiners conducting audits of taxpayers owning IRC §42, low-income housing projects.
Chapter 5 of the HUD Handbook 4350.3 contains that which is required in determining the eligibility of households to reside in properties with LIHTC.
Acceptable Forms of Verificaiton