Access the latest Washington Report: Read More

IRS Revenue Ruling 2020-4 (Income Limits Computation for Average Income Test)

Published on January 30, 2020
IRS Revenue Ruling 2020-4 (Income Limits Computation for Average Income Test)

The IRS Revenue Ruling 2020-4 provides guidance on the calculation for Housing Credit income limits at 20, 30, 40, 50, 60, 70, and 80 percent of area median income, for purposes of the Housing Credit Average Income Test under Section 42(g)(1)(C).

View Document