This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 8038-CP 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 January 1, 2020. Check the official IRS-issued instructions before completing and submitting the form.
Q: What is IRS Form 8038-CP?
A: IRS Form 8038-CP is a form used to report credit payments made to issuers of qualified bonds.
Q: Who needs to file IRS Form 8038-CP?
A: The issuers of qualified bonds who made credit payments need to file IRS Form 8038-CP.
Q: What are credit payments?
A: Credit payments are payments made by the issuers of qualified bonds as reimbursement for any credit claimed by bondholders.
Q: What are qualified bonds?
A: Qualified bonds are tax-exempt bonds issued by state and local governments to fund certain projects.
Q: What information is required on IRS Form 8038-CP?
A: IRS Form 8038-CP requires information about the issuer, bond series, credit payments made, and bondholder information.
Q: When is IRS Form 8038-CP due?
A: IRS Form 8038-CP is due on or before the 15th day of the 2nd calendar month following the calendar quarter in which the credit payment was made.
Q: Do I need to attach any supporting documents with IRS Form 8038-CP?
A: Yes, you may need to attach supporting documents such as a copy of the bond indenture or loan agreement.
Q: Are there any penalties for not filing IRS Form 8038-CP?
A: Yes, there are penalties for not filing or late filing of IRS Form 8038-CP. It is important to comply with the filing deadline to avoid penalties.
Form Details:
Download a fillable version of IRS Form 8038-CP through the link below or browse more documents in our library of IRS Forms.