SECTION 4. PROCEDURE FOR

MAKING ELECTION

.01 A taxpayer who seeks to make the election provided by section 3004(i)(2)(B)(ii) of the Act must submit a letter to the Internal Revenue Service containing the following information:

(1) The taxpayer’s name, address, and taxpayer identification number;

(2) A statement affirming that the taxpayer reasonably expects that the building will continue to be operated as a qualified low-income building (within the meaning of § 42) for the remainder of the building’s compliance period;

(3) A declaration stating: “Under penalties of perjury, I declare that I have examined this letter and the representations made therein, and to the best of my knowl

26 CFR 601.105: Examination of returns and claims for refund, credit, or abatement; determination of correct tax liability. (Also Part I, § 42.)

Rev. Proc. 2008–60