Form 8038-TC is historical. The Tax Cuts and Jobs Act repealed the authority to issue tax-credit bonds and direct-pay bonds. The repeal applies to qualified forestry conservation bonds, new clean renewable energy bonds, qualified energy conservation bonds, qualified zone academy bonds, and qualified school construction bonds issued after December 31, 2017. Current revision Form 8038-TC PDF Instructions for Form 8038-TC (Print Version PDF) Recent developments None at this time. Other items you may find useful All Form 8038-TC Revisions Notice 2009-15, Credit Rates on Tax Credit Bonds Notice 2010-35, Direct Payment Subsidy Option for Certain Qualified Tax Credit Bonds and Build America Bonds Other Current Products Related About Form 8912, Credit to Holders of Tax Credit Bonds Series 8038 Tax Exempt Bond Forms