Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds – Mandatory Electronic Filing for Most Filers in 2024, Electronic Filing Resources

Internal Revenue Service (IRS) sent this bulletin at 01/25/2024 03:52 PM EST

Bookmark and Share

IRS.gov Banner
Tax Exempt Bonds Community Update January 25, 2024

TEB Links

TEB Home Page

Voluntary Closing Agreement Program

IRM

Forms & Publications

Webinars

Form 8038 Resources

Other IRS Resources

IRS News

Contact My Local Office

Forms & Instructions

Frequently Asked Questions

Taxpayer Advocate

Filing Options

Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds – Mandatory Electronic Filing for Most Filers in 2024, Electronic Filing Resources

Electronic filing (e-file) of Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds, is mandatory under Treasury Regulations (T.D.9972) published February 2023 if the filer is required to file 10 or more returns of any type in a calendar year. Form 8038-CP is used to claim credit payments under Internal Revenue Code (IRC) 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
  • qualified school construction bonds

Resources for e-filing Form 8038-CP:

Form 8038 Corner webpage includes links to:

Recent updates concerning 8038-CP processing, including e-file
The updates include answers to frequently asked questions about how and when to e-file, reminders, report numbers and more.

Instructions for Form 8038-CP and Schedule A, revised December 2023

Informational Video: Electronic filing of Form 8038-CP

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.