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Ca form low income 2026
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- Click ‘Get Form’ to open it in the editor.
- Begin by entering your name(s) as shown on your California tax return, along with your SSN, ITIN, CA Corporation number, or FEIN in the designated fields.
- For Part I, indicate if the eligible basis of any project has decreased since you received form CTCAC 3521A. Select 'Yes' or 'No' and complete Part III if applicable.
- Fill in the current year credit amount in line 2 and any affiliated corporation credits in line 3. Ensure all calculations are accurate for lines 4 through 11 to determine your total available low-income housing credit.
- If applicable, complete Part II for carryover computation by entering amounts on lines 12a and 12b. Calculate the credit carryover available for future years on line 13.
- If necessary, complete Part III for basis recomputations by providing details for each building involved.
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Related links
by R Ozer-Bearson 2025 Cited by 1 Since 2020, over 160,000 homes in. California that were formerly identi- fied as unsubsidized affordable housing are no longer affordable to low-income.Read more
Attach to your California tax return. Name(s) as shown on your California tax return. D SSN or ITIN D CA Corporation no. D FEIN.Read more
Section 42(a) provides for a credit for investment in certain low-income housing buildings. Taxpayer elected on Form 8609, Low-Income Housing Credit Allocation