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The Social Security Administration began issuing retroactive lump sum payments in March and increasing monthly payments in April for some public-sector retirees.
We’ll review how the limits have changed for 2025 and explain how to apply them. We’ll also discuss how an owner’s minimum set-aside election on IRS Form 8609 determines which income limits apply to a LIHTC property.
Some owners may have mistakenly included all flex card benefits as income, possibly leading to income certifications that may have exceeded the maximum income limit.
