IRS Seeks Feedback on Routine Tax Credit Form
Published Date: 7/9/2026
Notice
Summary
The IRS wants your thoughts on a form that helps track special investments called New Markets Credits, which support community projects. If you’re a business or group involved in these investments, this could affect you. Comments are due by September 8, 2026, so the IRS can make sure the form is clear and not too much work to fill out.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
CDEs must notify investors using Form 8874-A
Community Development Entities (CDEs) must notify any taxpayer who acquires a qualified equity investment at its original issue that the investment is a qualified equity investment entitling the taxpayer to claim the New Markets Credit. The notification is made using Form 8874-A under Regulations section 1.45D-1(g)(2)(i)(A).
Estimated paperwork burden and comment deadline
The IRS estimates 500 responses for Form 8874-A, with an average time per response of 5 hours and 24 minutes, for a total annual burden of 2,700 hours. The agency is soliciting comments on this information collection and must receive written comments by September 8, 2026.
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