Electronic Filing of Form 8038-CP is available; Mandatory Electronic Filing for Certain Filers in 2024
Internal Revenue Service (IRS) sent this bulletin at 10/17/2023 03:15 PM EDT
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Electronic Filing of Form 8038-CP is available; 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 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 and the accompanying Schedule A. Electronic filing can also reduce filing errors. See the Instructions for Form 8038-CP and Schedule A (Form 8038-CP), under General 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 on the following page: Tax Year 2023 Other Tax Exempt Entities Modernized e-File (MeF) Providers – Form 8038-CP. For more information about electronically filing Form 8038-CP as well as updates and FAQs, visit: Recent Updates to Form 8038-CP and Processing Changes 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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