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IRS Form 8038-GC

July 7, 2023
August 2, 2023

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Q. Our university has entered into a three-year lease agreement with a corporate vendor and they are saying we need to file an IRS form 8038-GC (Information Return for Small Tax-Exempt Governmental Bond Issues, Leases, and Installment Sales). Is IRS Form 8038-GC something you can advise about if we have general questions about the form as we complete it? This is a new tax form for us. A. (Answered by IOFM's third-party tax experts) The IRS states in regard to Form 8038-GC: "Issuers of…

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