Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 22, 2024 8:39:28 PM

How do I know which Property GEOID to use? When I look it up, there are several listed.

How do I know which Property GEOID to use? When I look it up, there are several listed.

0 1 97
1 Replies
Expert Alumni
Feb 23, 2024 1:22:34 PM

Section 5.01 of Administrative Notice 2024-20, as long at you are within the boundaries, you are eligible. So you can use any of the eligible GEIODs.

 

SECTION 5. DETERMINING WHETHER A PROPERTY IS LOCATED IN AN ELIGIBLE CENSUS TRACT .01 Eligible Census Tracts. (1) Appendix A lists the eligible low-income community census tracts using the 13 2011-2015 NMTC tracts with the 2015 census tract boundaries. Appendix A can be found at https://www.irs.gov/pub/irs-drop/appendix-a-list-of-2015-census-tractboundary-30c-eligible-tracts-v2-1-4-2024.pdf. Appendix B lists the eligible low-income community census tracts using the 2016-2020 NMTC tracts and 2020 non-urban census tracts, both with the 2020 census tract boundaries. Appendix B can be found at https://www.irs.gov/pub/irs-drop/appendix-b-list-of-2020-census-tract-boundary-30celigible-tracts-v2-1-4-2024.pdf.