Student Financial Aid Won't Count in Tenant Household Income Under Form 8823 Guide Revision

摘要

The Internal Revenue Service is revising its guide for Form 8823 low-income housing tax credit noncompli-ance reports by housing credit agencies to exclude student financial assistance from household income, except for tenants receiving Section 8.rnIRS officials announced the change, which is subject to approval by IRS attorneys, at a recent National Council of State Housing Agencies (NCSHA) conference.