IRS Releases PLR Regarding Student Exceptions

Monday, September 29, 2003 - 1:45am

The Internal Revenue Service (IRS) today released Private Letter Ruling 200339022 regarding the student exceptions under §42(i)(3)(D) of the Internal Revenue Code (IRC) for the purposes of determining whether a tenant’s unit can be treated as a low-income unit under IRC §42(i)(3)(A). Click here for a copy of the ruling.