WASHINGTON — The Treasury Department Tuesday released interim guidance detailing how issuers, bondholders, and other market participants should “strip” the tax credits from tax-credit bonds and how that information should be reported to the Internal Revenue Service.

The 28-page notice outlines the steps issuers need to take to make bonds strippable, how to account for those strips, as well as the extensive information that will eventually have to be reported on tax forms, including two new ones, for the IRS to ensure the credits are properly and legitimately claimed.

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