What Is Form 8586: Low-Income Housing Credit - TurboTax Tax Tips & Videos

General business tax credits provide incentives for business activities beneficial to the American public or the economy in general. Owners of rental buildings in low-income housing projects may qualify for the low-income housing credit, which is part of the general business tax credit, using Form 8586 to calculate the amount of the credit.

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Tax Tips for Low-Income Filers - TurboTax Tax Tips & Videos