Form 8038-B

Form 8038-B

A form that the issuer of certain taxable state or local bonds files with the IRS to receive tax credits or direct payments for issue. Under the American Recovery and Reinvestment Act, qualified bonds may be used to provide construction and similar jobs to Americans. These bond issuers receive credit or direct payment.
References in periodicals archive ?
For Calendar Year 2010, issuers of BABs and RZEDs were required to file Form 8038-B, Information Return for Build America Bonds and Recovery Zone Economic Development Bonds, and issuers of specified tax credit bonds were required to file Form 8038-TC, Information Return for Tax Credit Bonds and Specified Tax Credit Bonds.
For calendar year 2010, issuers of Build America Bonds were required to file IRS Form 8038-B, Information Return for Build America Bonds and Recovery Zone Economic Development Bonds.
For Calendar Year 2010, issuers of recovery zone exempt facility bonds were required to file IRS Form 8038-B, Information Return for Build America Bonds and Recovery Zone Economic Development Bonds.
3) Issuers of Build America Bonds and recovery zone economic development bonds were instructed to file Form 8038-B, Information Return for Build America Bonds and Recovery Zone Economic Development Bonds.