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Click ‘Get Form’ to open the 3521 low-income housing form in the editor.
Begin by entering your name(s) as shown on your California tax return, along with your SSN, CA Corporation number, or FEIN in the designated fields.
In Part I, assess if the eligible basis of any project has decreased since receiving form CTCAC 3521A. Select 'Yes' or 'No' accordingly.
For the current year credit, refer to the instructions and input the amount in line 2. If applicable, enter any affiliated corporation credits in line 3.
Continue filling out lines 4 through 11 by adding or subtracting amounts as instructed to determine your total available low-income housing credit.
If necessary, complete Part II for carryover computations and Part III for basis recomputations based on your specific situation.
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10 Corporations only: Amount of low-income housing credit allocated to affiliated corporations. See instructions. Corporation name. California corporationRead more
H.R. 3521 - Public Housing Asset Management Improvement Act
The increase of the threshold for exemption from asset management, from 250 to 500 public housing units, would directly contradict a fundamental element of the
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