Form 3521 - California Low-Income Housing Credit - 2015

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TAXABLE YEAR

CALIFORNIA FORM

2015

Low-Income Housing Credit

3521

Attach to your California tax return.



Name(s) as shown on your California tax return

SSN or ITIN

CA Corporation no

FEIN

Building identification number (BIN). If more than one building, attach a list of all BINs for this credit.

California Secretary of State (SOS) file number

Part I Available Credit

1 Has the eligible basis of any project or building decreased since you received form CTCAC 3521A from the California Tax Credit Allocation Committee?



Yes

No If “Yes,” complete Part III before continuing. See General Information C.

2 Current year credit. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

3 Enter any affiliated corporation or pass-through low-income housing credits from other entities below. See instructions.

If you

Current year

(a)

(b)

(c)

(d)

are a

low-income housing

Name of entity passing

Identification numbers –

BIN

Total amount of affiliated

credits from –

through the credit –

California corporation,

corporation or pass-through

FEIN, etc.

credit(s)

Corporation

FTB 3521, line 10

of the affiliated

corporation

S corporation

Schedule K-1

shareholder

(100S), line 13a

Beneficiary

Schedule K-1 (541),

line 13d

Partner or

Schedule K-1 (565,

LLC member

568), line 15b

Total pass-through low-income housing credit. Add the amounts in column (d) . . . . . . . . . . . . . . . . . . . . . . 3

4 Current year low-income housing credit. Add line 2 and line 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

5 Enter the amount of low-income housing credit on line 4 that is from passive activities.

If none of the amount on line 4 is from passive activities, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

6 Subtract line 5 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

7 Enter the allowable low-income housing credit from passive activities. See instructions. . . . . . . . . . . . . . . . 7

8 Low-income housing credit carryover from prior year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

9 Add line 6 through line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

10 Corporations only: Amount of low-income housing credit allocated to affiliated corporations: See instructions.

Corporation name

California corporation number

Amount of credit allocated

Total amount of low-income housing credit allocated. If you are not a corporation, enter -0- . . . . . . . . . . . . 10

11 Total available low-income housing credit. Subtract line 10 from line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11

FTB 3521 2015 Side 1

7301153

For Privacy Notice, get FTB 1131 ENG/SP.