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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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