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Tax Credit Percentages 2022

  30% 70%
December
Rev. Rul. 2022-22
3.43% 8.00%
November
Rev. Rul. 2022-20
3.39% 7.91%
October
Rev. Rul. 2022-18
3.33% 7.78%
September
Rev. Rul. 2022-17
3.30% 7.70%
August
Rev. Rul. 2022-14
3.32% 7.75%
July
Rev. Rul. 2022-12
3.31% 7.72%
June
Rev. Rul. 2022-10
3.30% 7.70%
May
Rev. Rul. 2022-09
3.26% 7.60%
April
Rev. Rul. 2022-08
3.20% 7.47%
March
Rev. Rul. 2022-04
3.19% 7.44%
February
Rev. Rul. 2022-03
3.16% 7.38%
January
Rev. Rul. 2022-01
3.15% 7.36%

 

*Note:

Under Section 42(b)(2), the applicable percentage for LIHTC allocations made before Jan. 1, 2015, shall not be less than 9%. As extended by H.R. 8, the American Taxpayer Relief Act, this fixed rate applies only to allocations, it does not apply to forward commitments. For more information see IRS Notice 2008-106, which provides guidance on applying the 9% floor, the Housing and Economic Recovery Act of 2008, which set the 9% minimum tax credit percentage rate for the 70% credit, or H.R. 5771, the Tax Increase Prevention Act of 2014, which amended and extended the provision. TheProtecting Americans from Tax Hikes Act of 2015 permanently extended the minimum low-income housing tax credit rate for non-federally subsidized buildings.  

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