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This version of the form is not currently in use and is provided for reference only. Download this version of
Form FTB3521
for the current year.
Form FTB3521 Low-Income Housing Credit - California
What Is Form FTB3521?
This is a legal form that was released by the California Franchise Tax Board - a government authority operating within California. Check the official instructions before completing and submitting the form.
FAQ
Q: What is Form FTB 3521?
A: Form FTB 3521 is a tax form used in California for claiming the Low-Income Housing Credit.
Q: What is the purpose of Form FTB 3521?
A: The purpose of Form FTB 3521 is to claim the Low-Income Housing Credit for eligible properties in California.
Q: Who needs to file Form FTB 3521?
A: Anyone who wants to claim the Low-Income Housing Credit in California needs to file Form FTB 3521.
Q: What is the Low-Income Housing Credit?
A: The Low-Income Housing Credit is a tax credit designed to encourage the development of affordable housing for low-income individuals and families.
Q: What information is required on Form FTB 3521?
A: Form FTB 3521 requires information about the eligible property, including the address, number of housing units, and the income limits for tenants.
Q: Are there any eligibility requirements for claiming the Low-Income Housing Credit?
A: Yes, there are specific eligibility requirements that must be met in order to claim the Low-Income Housing Credit. These requirements include having a qualified low-income building, meeting the income limits for tenants, and receiving an allocation of the credit from the California Tax Credit Allocation Committee.
Q: Is there a deadline for filing Form FTB 3521?
A: Yes, the deadline for filing Form FTB 3521 is generally the 15th day of the 4th month following the close of the taxable year.
Q: Is there a fee for filing Form FTB 3521?
A: No, there is no fee for filing Form FTB 3521.
Form Details:
- Released on January 1, 2017;
- The latest edition provided by the California Franchise Tax Board;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form FTB3521 by clicking the link below or browse more documents and templates provided by the California Franchise Tax Board.
Download Form FTB3521 Low-Income Housing Credit - California
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