Instructions For Form 1097-Btc - Bond Tax Credit

Instructions for Recipient

A—account number

Issuers of certain tax credit bonds or their agents must

report to you on at least a quarterly basis, and file with

O—any other identifier

the IRS annually on a separate Form 1097-BTC, the

Box 2b. Shows the unique identifier assigned by the

amount of tax credit you are allowed for each month of

Form 1097-BTC Issuer and is limited to 39

the calendar year (see instructions).

alphanumeric characters.

You will not receive a separate fourth quarter

Box 3. Shows the codes for tax credit bonds that are

report. The credits for the fourth quarter will be

reported on separate Forms 1097-BTC:

reported together with the annual aggregate

CAUTION

total amount of allowable credits provided to

101 - Clean renewable energy bond, and

you by February 18, 2014.

199 - Other

Note. The first three quarters reported on the annual

Boxes 5a–5l. Shows the amount of the credit you are

report are duplicative amounts previously reported. You

allowed for the month during the calendar year.

are allowed to take the credit amount from each quarter

only once.

You may be entitled to claim a credit against your

The check box shows if the filer is the issuer of the

income tax liabilities, subject to certain limitations under

bond or its agent, or is an entity or a person that

section 54A(c).

received or should have received this form and is

Additionally, clean renewable energy bond credits

making a further distribution of the credit.

received from a pass-through entity are limited to the

Box 1. Shows the aggregate total of credits allowed for

income received from the pass-through entity. New

the calendar year.

clean renewable energy bond and qualified energy

conservation bond credits are limited to 70% of the

Box 2a. Indicates if the unique identification number is

credit amounts allowed; the credit reported on Form

your account number, the CUSIP number of the bond,

1097-BTC is the credit amount after the 70% limit has

or another identifier. For filings of Form 1097-BTC by

been applied. For more information, see Form 8912,

the issuer of the bond or its agent (as indicated by the

Credit to Holders of Tax Credit Bonds.

first checkbox being checked), the first nine characters

of the unique identifier in box 2b must be the CUSIP

Box 6. May show any additional information provided

number. For further identification, if necessary or

by the form issuer.

desired by the issuer, the CUSIP number can be

Future developments. For the latest information about

followed by an optional hyphen and then an account

developments related to Form 1097-BTC and its

number or other unique identifying number.

instructions, such as legislation enacted after they were

C—CUSIP number

published, go to

Instructions For Form 1097-Btc - Bond Tax Credit - 2013

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