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2014 LOW INCOME HOUSING TAX CREDIT PROGRAM APPLICATION North Dakota Housing Finance Agency 2624 Vermont Avenue PO Box 1535 Bismarck, ND 585021535 www.ndhfa.orgEqual Housing OpportunityNORTH DAKOTA

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How to fill out 2014 low-income housing tax

01

Gather all necessary documents and information such as your income statements, rental information, and tax forms.

02

Fill out the appropriate forms for the low-income housing tax credit, such as Form 8586.

03

Provide accurate and detailed information about your eligibility, income, and the low-income housing property.

04

Attach any supporting documents required by the tax authorities.

05

Double-check your filled-out form for any mistakes or missing information.

06

Submit your completed form to the designated tax authority.

07

Follow any additional instructions provided by the tax authority for any follow-up actions or documentation.

08

Keep a copy of the filled-out form and all supporting documents for your records.

09

Consult with a tax professional or seek help from the tax authority if you have any questions or concerns during the process.

Who needs 2014 low-income housing tax?

01

Individuals or families who meet the low-income criteria and are renting or managing low-income housing properties may need to fill out the 2014 low-income housing tax form.

02

Property owners or managers who receive low-income housing tax credits may also need to complete this form to report their eligibility and ensure compliance with tax regulations.

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What is low-income housing tax credit?

The low-income housing tax credit is a tax incentive program that encourages investment in affordable housing for low-income individuals and families.

Who is required to file low-income housing tax credit?

Developers and owners of affordable housing properties are required to file for the low-income housing tax credit.

How to fill out low-income housing tax credit?

To fill out the low-income housing tax credit, developers and property owners must complete Form 8609 and submit it to the appropriate state agency.

What is the purpose of low-income housing tax credit?

The purpose of the low-income housing tax credit is to incentivize the development of affordable housing for low-income individuals and families.

What information must be reported on low-income housing tax credit?

The low-income housing tax credit requires reporting on the number of affordable units, rent levels, and tenant income eligibility.

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