IRS Seeks Feedback on Housing Credit Form Overhaul
Published Date: 1/20/2026
Notice
Summary
The IRS wants your thoughts on two important tax forms, Form 8609 and Form 8609-A, which help track low-income housing credits. If you or your business deals with these forms, now’s the time to speak up before March 23, 2026. Your feedback can help make these forms easier to use and less time-consuming, saving everyone some hassle (and maybe some money) down the road!
Analyzed Economic Effects
3 provisions identified: 1 benefits, 2 costs, 0 mixed.
10‑Year Low‑Income Housing Credit
If you own a residential low-income rental building, you are allowed a low-income housing credit for each qualified building over a 10-year credit period under section 42 of the Internal Revenue Code.
Form 8609 Allocation Filing Burden
Form 8609 is used to obtain a housing credit allocation and to certify required information; a separate Form 8609 must be issued for each building in a multiple‑building project. The IRS estimates 33,000 responses, an average of 12 hours and 58 minutes per response, and a total annual burden of 428,265 hours. Comments on the collection are requested by March 23, 2026.
Annual 15‑Year Compliance Filing
Building owners must file Form 8609-A each year of the 15‑year compliance period to report compliance and calculate the low-income housing credit; file one Form 8609-A for allocations tied to acquisition of an existing building and a separate Form 8609-A for allocations tied to rehabilitation expenditures.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Start a Free Government Policy Watch to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in