Tax Credit Percentages 2021
30% | 70% | |
December Rev. Rul. 2021-23 |
3.15% | 7.36% |
November Rev. Rul. 2021-21 |
3.14% | 7.34% |
October Rev. Rul. 2021-18 |
3.13% | 7.30% |
September Rev. Rul. 2021-16 |
3.13% | 7.30% |
August Rev. Rul. 2021-14 |
3.14% | 7.33% |
July Rev. Rul. 2021-12 |
3.15% | 7.35% |
June Rev. Rul. 2021-09 |
3.15% | 7.35% |
May Rev. Rul. 2021-08 |
3.16% | 7.37% |
April Rev. Rul. 2021-07 |
3.14% | 7.33% |
March Rev. Rul. 2021-05 |
3.11% | 7.26% |
February Rev. Rul. 2021-04 |
3.10% | 7.23% |
January Rev. Rul. 2021-01 |
3.09% | 7.21% |
Note:
Under Section 42(b)(2), the applicable percentage for buildings placed in service after July 30, 2008, shall not be less than 9%. As extended by H.R. 8, the American Taxpayer Relief Act, this fixed rate applies only to allocations, it does not apply to forward commitments. For more information see IRS Notice 2008-106, which provides guidance on applying the 9% floor, the Housing and Economic Recovery Act of 2008, which set the 9% minimum tax credit percentage rate for the 70% credit, or H.R. 5771, the Tax Increase Prevention Act of 2014, which amended and extended the provision. TheProtecting Americans from Tax Hikes Act of 2015 permanently extended the minimum low-income housing tax credit rate for non-federally subsidized buildings.
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