NOT PRINT DO NOT PRINT Form 8877 (Rev. 1-2006) General Instructions Section references are to the Internal Revenue Code unless otherwise noted. Purpose of Form Owners of certain low-income housing buildings use Form 8877 to request the annual income recertification waiver provided for in section 42(g)(8)(B). See Rev. Proc. 2004-38, 2004-27 I.R.B., for more information on obtaining the waiver. You can find Rev. Proc. 2004-38 at www.irs.gov/pub/irs-irbs/irb04-27.pdf. Who May File The owner.
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How to fill out the IRS Form 8877 online
Filling out the IRS Form 8877 is essential for owners of low-income housing buildings seeking a waiver of the annual income recertification requirement. This guide provides clear, step-by-step instructions for completing the form online, ensuring that you provide all necessary information accurately.
Follow the steps to complete the IRS Form 8877 online
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- In Part I, provide the name of the building or project along with the building owner's name. Ensure you include the street address, city, state, and ZIP code for both the building and the owner.
- Enter the building identification number (BIN) and taxpayer identification number in the appropriate fields.
- Confirm your certification by checking the three statements provided. You must declare that you are applying for the annual income recertification waiver and that the building is a 100% low-income building.
- Sign your name in the 'Signature of building owner' field, include your title, type or print your name, and insert the date.
- If necessary, provide your telephone number and list any additional BINs in the same format on an attached statement.
- Complete Part II, entitled 'Consent of Disclosure to Monitoring Agency', by repeating the building and owner details as required.
- Sign the 'Signature of building owner' field again in Part II, type or print your name, and include the date.
- Once all fields are completed, review the form for accuracy. You can then save changes, download, print, or share the completed form as needed.
Begin filling out the IRS Form 8877 online today to ensure compliance with low-income housing regulations.
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