Section 02 - Form 8038-CP

Section 02 Alpha Designators, Title, Location and Field Lengths are listed below:

Field

Title

Form 8038-CP

Field lengths

02NM1

Issuer Name

Part II, line 7

35

02EIN

Part II EIN

Part II, line 8

9

02ADD

Street Address

Street Address

35

02CTY

City

Part II, line 11

22

02ST

State Code

Part II, line 11

2

02ZIP

ZIP Code

Part II, line 11

12

0217A

Variable and Fixed Check Box

Part III, line 17a

1

0217B

Issue Price Amount

Part II, line 17b

15

0217C

Type of Bond Code

Part II, line 17c

3

0218

Interest Payment Date

Part III, line 18

8

0219A

Interest Payable on Interest Payment Date Amount

Part III, line 19a

15

0219B

Applicable Credit Rate

Part III, line 19b

4

0219C

Interest Payable to Bondholders Based on Applicable Credit Rate

Part III, line 19c

15

0220A

Build America Bonds Amount

Part III, line 20a

15

0220B

Recovery Zone Economic Dev Bonds Amount

Part III, line 20b

15

0220C

New Clean Renewable Energy Bond

Part III, line 20c

15

0220D

Qualified Energy Conservation Bonds

Part III, line 20d

15

0220E

Qualified Zone Academy Bonds

Part III, line 20e

15

0220F

Qualified School Construction Bonds

Part III, line 20f

15

0221A

Net Increase Amount

Part III, line 21a

15

0221B

Net Decrease Amount

Part III, line 21b

15

0221C

Net Increase/Decease Explanation Code

Part III, line 21c

3

0222

Credit Payable Amount

Part III, line 22

15

0223A

Change to Debt Service Schedule Check Boxes

Part III, line 23a

1

0223B

Debt Service Schedule Explanation Code

Part III, line 23b

3

0224A

Interest Payments Current Check Boxes

Part III, line 24a

1

0224B

Explanation Code

Part III, 24b

3

0225

Final Interest Check Box

Part III line 25

1

0226

Schedule A, line 3 amount

Schedule A, line 3

15

02SIG

Signature Code

Part III, right margin of signature block

1

02PRE

Preparer Code

To the right of Prep SSN or PTIN

1

02PSN

Preparer SSN/ PTN

Preparer's SSN or PTIN box

9

02PEN

Preparer EIN

Firm's EIN box

9

02CBT

Preparer Telephone No.

Firm's Phone No. box

10

Field 02NM1 is the Name of the Entity Issuing the Bond (not the name of the entity receiving the benefit of the financing), located in Part II, line 7 and is 35 positions.

A zero, N/A, dash, or none are not acceptable entries.

The first position isn't alpha or numeric.

Any characters are not alpha, numeric, ampersand, or hyphen or blank.

There are two consecutive blanks followed by valid characters.

Correct any coding or transcription errors.

Compare Field 02NM1 entry with the entry on the return.

If

Then

"SAME" was entered on Field 02NM1 (Part II, line 7),

enter the Issuer's name from Field 01NME (Part I, line 1) in Field 02NM1.

the issuer’s name exceeds 35 characters,

enter only the first 35 characters.

blank, and Field 02EIN (Part II, line 8) matches Field 01EIN (Part I, line 2) and/or Field 02ADD (Part II, line 9) and Fields 02CTY, 02ST and 02ZIP (Part II, lines 11) address matches Field 01ADD (Part I, line 3) and Field 01CTY, 01ST and 01ZIP (Part I, line 4),

enter the issuer’s name in Field 01NME (Part I, line 1) to Field 02NM1 (Part II, line 7).

blank and Field 02EIN (Part II, line 8) doesn't match Field (01EIN) (Part I, line 2),

research EIN in Field 02EIN (Part II, line 8) to determine the Issuer's name for Field 02NM1 (Part II, line 7) entry (02NM1).

Part II entity can’t be determined,

SSPND 490.

Contact SPP&O Analyst via secure e-mail. Refer to IRM 3.12.26.10(3) above for routing procedures.

Field 02EIN is the EIN, located in Part II, line 8 and is 9 positions.

A zero, N/A, dash, or none aren’t acceptable entries.

The field isn't present or isn't all numeric.

The EIN is all zeros or all nines.

The first two digits are 00, 07-09, 17-19, 28, 29, 49, 78, 79 or 89.

Correct any coding or transcription errors.

If

Then

Field 02NM1 (Part II, line 7) contains "SAME" ,

enter the EIN in Field 01EIN (Part I, line 2) in Field 02EIN (Part II, line 8).

blank, and Field 02NM1 (Part II, line 7) matches Field 01NME (Part I, line 1) and/or Field 02ADD (Part II, line 9) and Fields 02CTY, Field 02ST, Field 02ZIP (line 11) match Field 01ADD and Fields 01CTY, 01ST, 01ZIP (Part I, lines 3 and 4),

enter the EIN in Field 01EIN (Part I, line 1) in Field 02EIN (Part II, line 8).

blank or you can’t perfect it,

SSPND 490.

Contact SPP&O Analyst via secure e-mail. Refer to IRM 3.12.26.10 (3) above for routing procedures.

Field 02ADD is the Street characters, located in Part II, line 9 and is 35 positions.

It’s blank.

The first position is blank.

Any characters are not alpha, numeric, blank, hyphen (-), and slash (/).

There are two consecutive blanks followed by valid characters.

A Major City Code (MCC) is present in Field 01CTY and a street address isn't present.

A zero, N/A, dash, or none are NOT acceptable entries.

Correct any coding or transcription errors.

Refer to the street address on the return.

If

Then

Field 02NM1 issuer's name (Part II, line 7) contains "SAME" ,

enter the address in Field 01ADD (Part I, line 3) to Field 02ADD, (Part II, line 9).

blank, and Field 02NM1 (Part II, line 7) matches Field 01NME (Part I, line 1, and/or Field 02EIN (Part II, line 8) matches Field 01EIN (Part I, line 2),

enter the address in Field 01ADD (Part I, line 3) to Field 02ADD (Part II, line 9).

the address on the return is illegible,

refer to the envelope and attachments to determine the taxpayer’s correct address,

you can’t perfect it,

delete Fields 02ADD, 02CTY, 02ST and 02ZIP.

the MCC is valid, and the street address is present and legible on the return,