1211 Form 8874-B (PDF) — verbatim text

Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/f8874b.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).

8874-B Form (Rev. December 2011) Department of the Treasury Internal Revenue Service		Notice of Recapture Event for New Markets Credit		OMB No. 1545-2066
1Name of qualified community development entity (CDE)	1Name of qualified community development entity (CDE)	1Name of qualified community development entity (CDE)	2EIN of qualified CDE	2EIN of qualified CDE
3Name of taxpayer with qualified equity investment subject to recapture	3Name of taxpayer with qualified equity investment subject to recapture	3Name of taxpayer with qualified equity investment subject to recapture	4TIN of taxpayer with qualified equity investment subject to recapture	4TIN of taxpayer with qualified equity investment subject to recapture
5Date of qualified equity investment (mm/dd/yyyy)	5Date of qualified equity investment (mm/dd/yyyy)	5Date of qualified equity investment (mm/dd/yyyy)	6Amount of qualified equity investment	6Amount of qualified equity investment
7Date of recapture event (mm/dd/yyyy)	7Date of recapture event (mm/dd/yyyy)	7Date of recapture event (mm/dd/yyyy)	8Amount of New Markets Credit captured	8Amount of New Markets Credit captured
9Reason for recapture CDE ceased to be a CDE The proceeds of the investment ceased to be used in a manner that satisfies the substantially-all requirement The investment is redeemed or otherwise cashed out by the CDE
10aAggregate decrease in credit: Year 1
bAggregate decrease in credit: Year 2
cAggregate decrease in credit: Year 3
dAggregate decrease in credit: Year 4
eAggregate decrease in credit: Year 5
fAggregate decrease in credit: Year 6
gAggregate decrease in credit: Year 7
Please Sign Here	Under penalties of perjury, I declare that the recapture event identified above occurred on the date identified above. ▲ Signature of authorized official of CDE Date Type or print name	Under penalties of perjury, I declare that the recapture event identified above occurred on the date identified above. ▲ Signature of authorized official of CDE Date Type or print name	Under penalties of perjury, I declare that the recapture event identified above occurred on the date identified above. ▲ Signature of authorized official of CDE Date Type or print name	Under penalties of perjury, I declare that the recapture event identified above occurred on the date identified above. ▲ Signature of authorized official of CDE Date Type or print name

Form 8874-B (Rev. 12-2011) Page 2

General Instructions¶

Section references are to the Internal Revenue Code unless otherwise noted.

Purpose of Form

CDEs must provide notification to any taxpayer holder of a qualified equity investment (including prior holders) that a recapture event has occurred. This form is used to make the notification as required under Regulations section 1.45D-1(g)(2)(i)(B).

Where To File

Department of the Treasury Internal Revenue Service Center Philadelphia, PA 19255-0549

When To File

The original signed form must be provided by the CDE to the taxpayer holder no later than 60 days after the date the CDE becomes aware of the recapture event. Send a copy of the form to the IRS at the address listed above. Keep a copy for your records.

A separate notice must be provided for each qualified equity investment for which a recapture event occurred.

Exceptions & meaning →

Additional Information¶

For more details, see Form 8874, New Markets Credit, section 45D, Regulations section 1.45D-1, and www.cdfifund.gov.

Paperwork Reduction Act Notice

We ask for the information on this form to carry out the Internal Revenue laws of the United States. You are required to give us the information. We need it to ensure that you are complying with these laws and to allow us to figure and collect the right amount of tax.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax returns and return information are confidential, as required by section 6103.

The time needed to complete and file this form will vary depending on individual circumstances. The estimated average time is: Recordkeeping . . . . . . . . . . 5 hr., 1 min. Learning about the law or the form . . . . . . . . . . . . 12 min. Preparing and sending the form to the IRS . . . . . . . . . . 17 min. If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler, we would be happy to hear from you. You can email us at: taxforms@irs.gov . Enter “Form 8874-B Comment” on the subject line. Or write to: Internal Revenue Service, Tax Products Coordinating Committee, SE:W:CAR:MP:T:M:S, 1111 Constitution Ave. NW, IR-6526, Washington, DC 20224. Do not send the form to this address. Instead, see Where To File above.

Exceptions & meaning →