Independent form guide. BrieflyGo is not affiliated with or endorsed by IRS, USCIS, SSA, DOL, or any U.S. government agency. Official forms are sourced from public government websites.
Official form guide
Form 8329: Lender's Information Return for Mortgage Credit Certificates (MCCs)
IRS Form 8329 is Lender's Information Return for Mortgage Credit Certificates (MCCs), used by lenders to report MCC activity. Lenders must file this form by January 31 following the close of the calendar year.
Need help with Form 8329?
Open it in the AI Editor for field guidance, checks, and PDF export.
Need help? AI Editor guides you through every field of Form 8329.
Start filling →Form Overview
IRS Form 8329 - Lender's Information Return for Mortgage Credit Certificates (MCCs)
IRS Form 8329 is Lender's Information Return for Mortgage Credit Certificates (MCCs), used by lenders to report MCC activity. Lenders must file this form by January 31 following the close of the calendar year.
Risk Radar
Scan points- 1If reporting >5 MCCs, ensure all attached statement amounts total correctly on Line 6 of the main Form 8329.
- 2Failing to enter the correct Lender's Employer Identification Number in Part I.
- 3Not listing all MCC holders on one line in Part III(a) when multiple exist per certificate.
- 4Using a P.O. box number instead of a physical address in Part III(b).
- 5Entering the loan date instead of the official Date of Issue in Part IV(d).
Plain English
This form tells the IRS about mortgage credit certificates (MCCs) a lender has issued. It summarizes how much credit was given out and who received it during the tax year. Filing Form 8329 ensures the IRS tracks these specific mortgage benefits correctly for reporting purposes.
Submission Date
- Filing date: 2012-10-22 00:00:00
- Preparation window: collect IDs, supporting records, and signatures in advance.
- Final review: verify names, dates, and required fields before submission.
AI co-pilot
Fill it faster. Catch mistakes before you file.
What this form is for
- Use this form when a lender makes a loan that is a certified indebtedness amount on any Mortgage Credit Certificate (MCC).
- Do not use it when you are an issuing authority reporting information, unless that issuer is also acting as the lender.
- Check Form 8329 instead when you must report more than five recipients of MCCs and need to use a transmittal document.
Form selector
Use this form or another form?
Reporting on more than 5 MCC Recipients
You must draw an 'X' across the first 5 lines of Parts III and IV when using one Form 8329 as a transmittal document.
✓ Check how to total all amounts in Part IV, column (g) on your transmittal form.
Use additional Forms 8329 as statements
Preparing the return without charging the organization
If you charge the organization, you must sign the return as an authorized representative of the lender.
✓ Check Part II for the Issuer’s details if you are preparing it for a specific issuer.
The preparer should not sign the return unless they are 'Certain others who prepare the return' specified by the IRS.
Reporting on a reissued MCC
Do not simply enter the original loan date; use the date of the reissued certificate.
✓ Check the instructions to ensure the "Reissued
Enter the date preceded by the word 'Reissued' in Column (d) of Part IV.
Deadline or filing window
Lenders must file Form 8329 by January 31 following the close of the calendar year when certified indebtedness loans were made. The IRS may grant an extension if reasonable cause exists for late filing.
Checklist
What you need before filling it out
Lender's Name & EIN
Lender’s name and Employer identification number (Part I) · Part I of Form 8329
Recipient Address
The full address for each recipient listed in Part III(a)-(c). Do not use a P.O. box number. · Part III, Column (b)
Date of Issue (MCC)
Date the issuing authority issued the certificate for the amount listed in column (e). · Part IV, Column (d)
Total MCC Amount
The aggregate amount from Part IV, column (g), which is entered on Line 6. · Part IV, Line 6
Penalty Amount
A $200 penalty per form not filed by the due date; maximum penalty of $2,000. · Penalty section (p.2)
MCC Credit Rate
The specific percentage rate for each MCC issued. · Part IV, Column (f)
Before you submit
- 1Verify that all five recipients listed in Part III have their required information entered.
- 2Confirm that for every recipient line, the property's full address (no P.O. box) is provided.
- 3Check Part IV, Column (d) to ensure you are entering the issuance date, not the loan or approval date.
- 4If reporting more than 5 recipients, verify that all attached statements are included and totaled correctly on Line 6 of the transmittal form.
- 5Ensure that for each MCC, the amount in Part IV, Column (g) is calculated as Column (e) x Column (f).
- 6Confirm that the lender's name and EIN are accurately listed in Part I.
- 7Verify the filing deadline date is January 31 following the close of the calendar year.
How to file this form
- 1Complete Part I by entering your Lender’s Name, EIN, and address details.
- 2Fill out Parts II (Issuing Authority) and III (Recipients), ensuring all addresses exclude P.O. box numbers.
- 3Calculate and complete Part IV, matching each MCC's Date of Issue (d), Certified Indebtedness Amount (e), Certificate Credit Rate (f), and final Issued Amount (g).
- 4If reporting more than 5 recipients, draw an 'X' across the first five lines of Parts III and IV before totaling all amounts on Line 6.
- 5Sign Form 8329 with an authorized representative of the lender.
- 6Mail the completed form to the Department of the Treasury, Internal Revenue Service Center in Ogden, UT 84201.
Known limitations
- 1A separate Form 8329 must be filed for each issue of MCCs for which the lender made mortgage loans during the calendar year.
- 2Each issue of MCCs corresponds to the MCC program relating to the nonissued bond amount that was the subject of the election made on the election date (Part II).
- 3The residence qualifying for the MCC must be a single-family residence expected to become the principal residence of the mortgagor within a reasonable time after financing is provided.
- 4The residence must also be located in the jurisdiction of the authority issuing the certificate, as per section 25(c)(2) requirements.
Field map
Compact field-by-field guide
General Info
2 items
Full legal name and taxpayer identification number (SSN or EIN).
Current mailing address.
Details
2 items
Complete all applicable sections of this form according to the official IRS instructions.
Enter the relevant dollar amount if this form involves tax calculation.
Certification
1 items
Read and acknowledge any certifications required by this form.
Signatures
1 items
Sign and date. Unsigned forms cannot be processed.
Almost done reviewing the fields?
Fillable formOpen in Editor->The current edition on file is Revision October 2012, which was published in 01/09. The form directs users to www.irs.gov/form8329 for the latest information regarding developments.
What changed or needs a fresh check
- Edition date — confirm the revision date reads October 2012 (or check www.irs.gov/form8329).
- Filing deadline — confirm the due date is January 31 following the close of the calendar year.
- Mailing address — confirm the IRS Center address is Ogden, UT 84201.
- Signature — confirm it must be signed by an authorized representative of the lender (unless only a paid preparer without charging is signing).
- MCC Residence Requirements — confirm the property meets both single-family residence and jurisdiction requirements as stated in Part II/p.2.
Quick Facts
Downloads
After you file
- 1Keep a copy of Form 8329 after filing it with the Department of the Treasury, Internal Revenue Service Center, Ogden, UT 84201.
- 2If an error is found, the source does not specify how to correct it, but general procedure suggests submitting a corrected form.
- 3Lenders must maintain books and records of the activity on which Form 8329 is based.
- 4The IRS may grant an extension of time if reasonable cause exists for not filing by the deadline.
Sources
- SRCInstructions p.1 — Part I requires reporting Lender’s name, EIN, and address.
- SRCInstructions p.1 — Part II requires reporting Issuer’s name, EIN, and the Election date/Nonissued bond amount.
- SRCInstructions p.1 — Part III requires listing recipients with Name(s), Address (no P.O. box), and SSN(s).
- SRCInstructions p.2 — A separate Form 8329 must be filed for each issue of MCCs during the calendar year.
- SRCInstructions p.2 — The filing deadline is January 31 following the close of the calendar year in which certified indebtedness loans were made.
- SRCInstructions p.2 — Part IV, Column (d) requires the Date of Issue of MCC; do not use loan or preliminary approval dates.
- SRCInstructions p.2 — For paid preparers, they must sign the return and enter their PTIN/address in the Paid Preparer Use Only box.
Common confusion points
When should I enter the date in Part IV, Column (d)?
Enter the date the issuing authority issued the certificate; do not use the loan date or any preliminary approval date.
→ Check that you are entering the issuance date, not the loan closing date.
What if my MCC is a reissued one?
If it is reissued, precede the date with the word 'Reissued' (e.g., 'Reissued, July 25, 2008').
→ Verify that you use the exact format: 'Reissued,' followed by the date.
What do I enter for Part III, recipient address?
Do not use a P.O. box number when listing the recipient's address in Part III(b).
→ Ensure the address line contains a physical street or mailing location, not just a PO Box number.
When must the lender file Form 8329?
The filing deadline is January 31 following the close of the calendar year in which the lender made certified indebtedness loans.
→ Confirm the current calendar year's end date and count forward to January 31st for the due date.
What does 'certified indebtedness amount' refer to?
It refers to the amount on any mortgage credit certificate (MCC) that is designated as a 'certified indebtedness amount.'
→ This term applies to the specific loan amounts covered by the MCCs being reported.
Who must sign Form 8329 if I am an employee?
Generally, anyone paid to prepare the return should sign it; a regular full-time employee (like a clerk) should not sign.
→ Check the Paid Preparer Use Only area to see who is responsible for signing.
Workflow map
Related forms and next steps
Before
Current
After
Often used with
⚠ If something goes wrong
- The IRS may grant an extension of time for Form 8329 if there is reasonable cause.
Questions about IRS Form 8329
What is IRS Form 8329 used for?
This form tells the IRS about mortgage credit certificates (MCCs) a lender has issued. It summarizes how much credit was given out and who received it during the tax year. Filing Form 8329 ensures the IRS tracks these specific mortgage benefits correctly for reporting purposes.
Who must file IRS Form 8329?
Any person who makes a loan that is a certified indebtedness amount on any MCC must file Form 8329.
What information does IRS Form 8329 require?
Part I provides lender details, Part II lists the issuing authority information, and Parts III and IV detail each recipient of an MCC along with its issue date, credit rate, and total amount issued.
When is IRS Form 8329 due?
Form 8329 must be filed by January 31 following the close of the calendar year in which the lender made certified indebtedness loans.
Where do I file IRS Form 8329?
File Form 8329 with the Department of the Treasury, Internal Revenue Service Center, Ogden, UT 84201.
How do I complete IRS Form 8329?
First, complete Part I with lender details and Part II with issuer details. Then, list recipients in Part III (up to 5) and calculate totals in Part IV. If more than five recipients exist, attach additional statements and draw an 'X' across the first 5 lines of Parts III and IV on the transmittal document before signing.
What happens if IRS Form 8329 is filed incorrectly?
Any person required to file Form 8329 may be subject to a $200 penalty for each form that is not filed by the due date; the maximum penalty is $2,000.
When should I enter the date in Part IV, Column (d)?
Enter the date the issuing authority issued the certificate; do not use the loan date or any preliminary approval date. Check that you are entering the issuance date, not the loan closing date.
Source transparency
Copyright & Licensing - US Government Forms
BrieflyGo links to and explains official public form sources. We are not a government agency, and this page is for general form guidance, not legal advice.
Understand the agreement before you sign it.
Review risky clauses in plain English, fix the document, and keep it moving toward signature.