What is the purpose of IRS Form 8038-CP?

IRS Form 8038-CP, Return for Credit Payments to Issuers of Qualified Bonds, is used to claim refundable tax credits payable to issuers of:

• Qualified Build America Bonds (BABs)
• Recovery Zone Economic Development Bonds (RZEDBs) under sections 54 AA, 1400U-2, and 6431 of the Internal Revenue Code
• Specified Tax Credit Bonds (STCBs) under Code sections 54A and 6431(f)