Form 8038-CP – Availability of Electronic Filing; Mandatory Electronic Filing for Certain Filers in 2024
Internal Revenue Service (IRS) sent this bulletin at 03/27/2023 01:47 PM EDT
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Form 8038-CP – Availability of Electronic Filing; Mandatory Electronic Filing for Certain Filers in 2024 As part of ongoing efforts to improve service for the tax-advantaged bond community, the IRS accepts electronic filing of Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds. Form 8038-CP is used to claim credit payments under Internal Revenue Code section 6431 relating to interest on build America bonds, recovery zone economic development bonds, new clean renewable energy bonds, qualified energy conservation bonds, qualified zone academy bonds, and qualified school construction bonds. Electronic filing ensures that returns are filed using the current versions of Form 8038-CP (January 2022) and the accompanying Schedule A (December 2022) and can reduce filing errors. Use of a prior version of the form and filing errors delay processing. See the Form Instructions for Form 8038-CP and Schedule A (Form 8038-CP) (December 2022), under General Information, for information on how to get faster payments and avoid common mistakes. Under Treasury Regulations published February 23, 2023(26 CFR Section 301.6011-11), electronic filing of Forms 8038-CP filed after December 31, 2023 is mandatory for certain filers. Electronic filing of Form 8038-CP must be done through an authorized e-file provider. The IRS maintains a list of authorized Form 8038-CP e-file providers at IRS.gov/Efile. Additional information regarding Form 8038-CP is available from the IRS on the Form 8038-CP Corner. The tax-exempt bond community can find answers to many questions at IRS.gov/bonds. If you’re unable to find answers to account-specific questions, call Customer Account Services at 877-829-5500. If you know someone who wants to subscribe to the TEB Community Update, forward this message to them to subscribe. To subscribe to other IRS news, click IRS Newsletters or IRS Social Media. This message was distributed automatically from the TEB Community Update mailing list. Please do not reply to this message. |
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