Massachusetts Low-Income Housing Credit Allotment
Extracted from PDF file 2020-massachusetts-form-certificate-lihc.pdf, last modified February 2020
Low-Income Housing Credit AllotmentMassachusetts Department of Revenue Certificate LIHC Low-Income Housing Credit Allotment For calendar year 2020 or taxable year beginning Name of recipient 2020 and ending Federal Identification number Social Security number City/Town State Phone number Name of project Building Identification number Street address Zip Street address City/Town State Zip Name of project owner Federal Identification number Phone number Street address City/Town State Zip Phone number Taxpayer’s credit share This statement is issued by the owner of a project that is eligible to claim the Massachusetts Low-Income Housing Credit (LIHC) to each recipient to whom the owner has allocated a portion of the LIHC in accordance with the organizational documents governing the owner. The recipient should enter the amount of the credit being received from the project on the LIHC line of the appropriate tax return. Retain this statement with your records. Allotment information 11 Amount of allotment credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 12 Date of filing of Election of Early Tax Credit (if applicable)
More about the Massachusetts Form Certificate LIHC Corporate Income Tax Tax Credit TY 2020
This is a form that should be completed by those who live in low income housing.
We last updated the Low-Income Housing Credit Allotment in March 2021, so this is the latest version of Form Certificate LIHC, fully updated for tax year 2020. You can download or print current or past-year PDFs of Form Certificate LIHC directly from TaxFormFinder. You can print other Massachusetts tax forms here.
Other Massachusetts Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 355-ES-2019||Corporate Estimated Tax Payment Vouchers|
|Form 2||Fiduciary Income Tax Return|
|Form 355-7004||Corporate Extension Worksheet|
|Form 3M||Income Tax Return for Clubs and Other Organizations|
|Schedule IDD||Income Distribution Deduction|
Massachusetts usually releases forms for the current tax year between January and April. We last updated Massachusetts Form Certificate LIHC from the Department of Revenue in March 2021.
Form Certificate LIHC is a Massachusetts Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Massachusetts Form Certificate LIHC
We have a total of eight past-year versions of Form Certificate LIHC in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Massachusetts Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.