Federal Tax Day - Current, L.1, Code Sec. 42: Extension Granted to File Amended Form 8609 (LTR 202634004), (Aug 24, 2026)

A taxpayer was granted an extension of time to file an amended Form 8609, Low-Income Housing Credit Allocation and Certification, to make the average income minimum set-aside election under Code Sec. 42(g)(1)(C). The taxpayer intended to make the election, as evidenced by contemporaneous documents, but inadvertently failed to do so on the Form 8609 submitted to the IRS. The taxpayer was granted 120 days to file the amended form.

IRS Letter Ruling 202634004