Automated Tax Credit - Tax Debt Resolution
Glossary

Form 8038-B – Information Return for Build America Bonds and Recovery Zone Economic Development Bonds

What is Form 8038-B - Information Return for Build America Bonds and Recovery Zone Economic Development Bonds?

Form 8038-B, officially called “Information Return for Build America Bonds and Recovery Zone Economic Development Bonds,” is an IRS form that tax-exempt entities must file to report the issuance of Build America Bonds (BABs) and Recovery Zone Economic Development Bonds. This form provides the IRS with details about these bonds, including their amount, purpose, and interest rates. Accurate filing helps the IRS track and verify the tax benefits associated with these specific bond programs.

Form 8038-B: What is it? | Tax Guide
Form 8038-B is an IRS information return used to report the issuance of certain types of bonds, primarily Build America Bonds and Recovery Zone Economic Development Bonds. It's crucial for tax-exempt entities issuing these bonds to ensure compliance.

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A stylized illustration showcasing a group of skyscrapers silhouetted against a gradient blue sky, with a prominent, slightly transparent overlay of the text “Form 8038-B.” The design should be modern, sleek, and include subtle icons representing infrastructure projects (like a bridge or wind turbine) and financial growth (upward-trending arrows). Include a magnifying glass over the text to represent a closer examination of the information within the form. The color palette should focus on blues and grays to evoke professionalism and trust.

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