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Ever north Rural Ventures Markets Tax Credit ProgramIntake FormEvernorth Rural Ventures (ERV), a qualified, rural Community Development Entity, uses its New Markets Tax Credit (MTC) allocation to
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Obtain a copy of the new markets tax form from the IRS website or tax preparation software.
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Who needs form new markets tax?

01
Individuals or businesses who have invested in qualifying businesses located in low-income communities may need to fill out form new markets tax in order to claim the tax credit.

What is The New Markets Tax Credit in Rural America Form?

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Form New Markets Tax Credit (Form 8874) is used by taxpayers to claim the New Markets Tax Credit on their federal income tax return.
Taxpayers who have made qualified equity investments and are eligible for the New Markets Tax Credit must file Form 8874.
Taxpayers must provide information about qualified equity investments, qualified low-income community investments, and other relevant details on Form 8874.
The purpose of Form 8874 is to allow taxpayers to claim the New Markets Tax Credit, which incentivizes investment in low-income communities.
Taxpayers must report details about their qualified equity investments, the amount of the New Markets Tax Credit claimed, and other information as required by the IRS.
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