Federal housing law
Internal Revenue Bulletin 2004-41
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Contents
- 7 chapters · 107 sections
- Jurisdiction
- United States
Contents
▸HIGHLIGHTS OF THIS ISSUE
▸Bulletin No. 2004-41 October 12, 2004
- The IRS Mission
▸Introduction
Overview- Actions Relating to Decisions of the Tax Court
▸Part I. Rulings and Decisions Under the Internal Revenue Code of 1986
Overview- Section 42.—Low-Income Housing Credit
- Section 280G.—Golden Parachute Payments
- Section 382.—Limitation on Net Operating Loss Carryforwards and Certain Built-In Losses Follow…
- Section 412.—Minimum Funding Standards
- Section 467.—Certain Payments for the Use of Property or Services
- Section 468.—Special Rules for Mining and Solid Waste Reclamation and Closing Costs
- Section 482.—Allocation of Income and Deductions Among Taxpayers
- Section 483.—Interest on Certain Deferred Payments
- Section 642.—Special Rules for Credits and Deductions
- Section 807.—Rules for Certain Reserves
- Section 846.—Discounted Unpaid Losses Defined
- Section 1274.—Determi- nation of Issue Price in the Case of Certain Debt Instru- ments Issued …
- Section 7872.—Treatment of Loans With Below-Market Interest Rates
- Section 1288.—Treatment of Original Issue Discount on Tax-Exempt Obligations
- Section 7520.—Valuation Tables
- Part III. Administrative, Procedural, and Miscellaneous
- SECTION 1. PURPOSE
- SECTION 2. BACKGROUND
- SECTION 3. SAFE HARBORS UNDER
- SECTION 4. RULES FOR GENDEROR SMOKER-BASED TABLES
- SECTION 5. ISSUE DATE OF
- SECTION 6. EFFECT UPON OTHER
- SECTION 7. REQUEST FOR
- SECTION 8. PROCEDURAL
- SECTION 1. PURPOSE
- SECTION 2. CURRENT LISTED
- SECTION 4. EFFECT ON OTHER
- SECTION 3. TRANSACTIONS NO
▸Rev. Proc. 2004-58
Overview- • Using official or acceptable substitute forms to furnish information to recipients.
- • The IRS operates a central call site to answer questions related to information returns,
- • For other tax information related to business returns or accounts, call 1-800-829-4933. If
- • Use of an account number is no longer optional for 2004 returns filed. An account number
- • Form 1099-B: New boxes have been added relating to broker reporting under reissued
- • Form 1099-DIV: The boxes for post-May 5 capital gain distributions and qualified 5-year
- • Form 1099-SA and Form 5498-SA: The Medicare Prescription Drug, Improvement, and
- • Electronic payee statements are permitted for all Forms 1099, 1098, and 5498 (see Section
- • Only chemically backed paper is acceptable for Copy A. Front and back chemically treated
- • Carbon-coated forms are not permitted. • Chemically transferred images must be black.
- • MacBeth PCM-II . The tested Print Contrast Signal (PCS) values when using the MacBeth
- • Kidder 082A . The tested PCS values when using the Kidder 082A tester on the Infra Red
- • Alternative testers . Alternative testers must be approved by the Government so that tested
- • It is printed in the OCR ink color prescribed for the form, and • No part of the indicia is …
- • The name of the appropriate form recipient must be shown on the first or second name line
- • No descriptive information or other name may precede the form recipient's name. • Only one f…
- • Trust's employer identification number (EIN) in the recipient's TIN area, • Trust's name on …
- • Use dollar signs ($), ampersands (&), asterisks ( ), commas (,), or other special characters
- • Fold Forms 1096, 1098, 1099, or 5498 mailed to the IRS. Mail these forms flat in an ap
- • Staple Forms 1096 to the transmitted returns. Any staple holes near the return code number
- • Type other information on Copy A. • Cut or separate the individual forms on the sheet of for…
- • All copies must be clearly legible, • All copies must be able to be photocopied, and • Fadin…
- • All information pertaining to a particular type of payment must be located and blocked
- • The composite form recipient statement must prominently display the tax year, form num
- • Any information required by the official IRS forms that would otherwise be repeated in
- • A composite statement is an acceptable substitute only if the type of payment and the recip
- • Substitute payments in lieu of dividends reported in Box 8 of Form 1099-MISC may be
- • Form 1099-B information may be reported on a composite form with the forms specified
- • Forms 1099-A and 1099-C transactions, if related, may be combined on Form 1099-C. • Royaltie…
- • Form 1098
- • Form 1098-E -“This is important tax information and is being furnished to the Internal
- 4.3.2 Required Legends for Forms • Forms 1099-A, 1099-C, and 1099-CAP:
- • Forms 1099-B, 1099-DIV, 1099-G, 1099-INT, 1099-MISC, 1099-OID, 1099-PATR, and
- • Forms 1099-H:
- • Form 1099-LTC:
- • Form 1099-R:
- • Form 1099-S:
- • Form 1099-SA:
- • Form W-2G:
- • Form 5498-“This information is being furnished to the Internal Revenue Service.”
- • Form 5498-SA -“The information in boxes 1 through 6 is being furnished to the Internal
- • Form 1098 - Copy B “For Payer”; Copy C “For Recipient.”
- • Form 1098-E - Copy B “For Borrower”; Copy C “For Recipient.” • Form 1098-T - Copy B “For Stu…
- • Form 1099-MISC - Copy 1 “For State Tax Department”; Copy B “For Recipient”; Copy
- • Form 1099-R - Copy 1 “For State, City, or Local Tax Department”; Copy B “Report this
- • Form 1099-S - Copy B “For Transferor”; Copy C “For Filer.” • Form 5498 - Copy B “For Partici…
- • If the recipient does not consent to receive the statement electronically, a paper copy will
- • The scope and duration of the consent. For example, whether the consent applies to every
- • How to obtain a paper copy after giving consent. • How to withdraw the consent. The consent …
- • Procedures to update the recipient’s information. • A description of the hardware and softwa…
- • Post, on or before the January 31 due date, the applicable statement on a website accessible
- • Inform the recipient, electronically or by mail, of the posting and how to access and print
- • The term “Recipient’s U.S. TIN” for an individual means the social security number (SSN)
- • Withholding agents are requested to type or machine print whenever possible, provide qual
- • The “VOID,” “CORRECTED,” and “PRO-RATA BASIS REPORTING” boxes must be
- • Substitute forms prepared in continuous or strip form must be burst and stripped to conform
- • OMB approves all IRS tax forms that are subject to the Act. Each IRS form contains
- • Each IRS form (or its instructions) states:
- • For Copy A, the OMB number must appear exactly as shown on the official IRS form. • For any …
- • The Internet. • CD-ROM. • GPO Superintendent of Documents Bookstores.
- • Do not add the text line “Do Not Cut or Separate Forms on This Page” to the bottom form.
- Part IV. Items of General Interest
- Definition of Terms