This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 8038 for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury on September 1, 2018. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 8038?
A: IRS Form 8038 is an information return for tax-exempt private activity bond issues.
Q: Who needs to file IRS Form 8038?
A: Anyone who issues tax-exempt private activity bonds needs to file IRS Form 8038.
Q: What is the purpose of filing IRS Form 8038?
A: The purpose of filing IRS Form 8038 is to report information about tax-exempt private activity bond issues to the Internal Revenue Service (IRS).
Q: What information is required on IRS Form 8038?
A: IRS Form 8038 requires information about the issuer of the bonds, the amount of the bonds, the projects financed by the bonds, and other relevant details.
Q: When is IRS Form 8038 due?
A: IRS Form 8038 is generally due within 180 days after the close of the calendar year in which the bonds were issued.
Q: Are there any penalties for not filing IRS Form 8038?
A: Yes, there can be penalties for not filing IRS Form 8038, including monetary penalties and potential loss of tax-exempt status for the bonds.
Q: Can IRS Form 8038 be filed electronically?
A: Yes, IRS Form 8038 can be filed electronically using the IRS's Modernized e-File system.
Q: Is IRS Form 8038 required for all types of bonds?
A: No, IRS Form 8038 is specifically for tax-exempt private activity bonds.
Q: What is a tax-exempt private activity bond?
A: A tax-exempt private activity bond is a bond issued by a government entity to finance private projects that serve a public purpose, such as affordable housing or infrastructure development.
Form Details:
Download a fillable version of IRS Form 8038 through the link below or browse more documents in our library of IRS Forms.