SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-K/A

[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended March 31, 2006 or

( )   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______

BOSTON CAPITAL TAX CREDIT FUND V L.P.
(Exact name of registrant as specified in its charter)

Delaware	14-1897569
(State or other jurisdiction	(I.R.S. Employer
of incorporation or organization)	Identification No.)

One Boston Place, Suite 2100, Boston, Massachusetts  02108
(Address of principal executive offices)           (Zip Code)

Registrant's telephone number, including area code (617)624-8900

Securities registered pursuant to Section 12(b) of the Act:

Title of each class - Name of each exchange on which registered

None

Securities registered pursuant to Section 12(g) of the Act:

Title of class

None

Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes [ ]    No [ X ]

Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes [ ]    No [ X ]

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes [ ] No [ X ]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of "accelerated filer and large accelerated filer" in Rule 12b-2 of the Exchange Act.

Large accelerated filer[ ] Accelerated filer[ ] Non-accelerated filer[ X ]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes [ ] No [ X ]

This amendment is being filed solely to attach Exhibit 99.1 (Significant Subsidiary 2004 Financial Statement), which was inadvertently omitted from the initial filing of this report.

DOCUMENTS INCORPORATED BY REFERENCE

The following documents of the Fund are incorporated by reference:

Form 10-K
Parts	Document
Parts I, III
as supplemented	Prospectus
Parts II, IV	Form 8-K filed with the Securities and Exchange Commission on October 21, 2003
	Form 8-K filed with the Securities and Exchange Commission on January 1, 2004
	Form 8-K filed with the Securities and Exchange Commission on January 1, 2004
	Form 8-K filed with the Securities and Exchange Commission on January 1, 2004
	Form 8-K filed with the Securities and Exchange Commission on January 27, 2004
	From 8-K filed with the Securities and Exchange Commission on March 22, 2004
	From 8-K filed with the Securities and Exchange Commission on March 26, 2004
	Form 8-K filed with the Securities and Exchange Commission on October 1, 2004 Form 8-K filed with the Securities and Exchange Commission on January 31, 2004 Form 8-K filed with the Securities and Exchange Commission on May 28, 2004 Form 8-K filed with the Securities and Exchange Commission on December 1, 2004 Form 8-K filed with the Securities and Exchange Commission on August 1, 2005 Form 8-K filed with the Securities and Exchange Commission on October 1, 2005 Form 8-K filed with the Securities and Exchange Commission on October 1, 2005
	Form 8-K filed with the Securities and Exchange Commission on December 1, 2005 Form 8-K filed with the Securities and Exchange Commission on February 1, 2006

BOSTON CAPITAL TAX CREDIT FUND V L.P.

FORM 10-K ANNUAL REPORT FOR THE YEAR ENDED MARCH 31, 2006

TABLE OF CONTENTS

PART I

Item 1.	Business
Item 1A.	Risk Factors
Item 1B.	Unresolved Staff Comments
Item 2.	Properties
Item 3.	Legal Proceedings
Item 4.	Submission of Matters to a Vote of Security Holders

PART II

Item 5.	Market for the Fund's Limited Partnership Interests and Related
		Partner Matters and Issuer Purchases of Partnership Interests
Item 6.		Selected Financial Data
Item 7.	Management's Discussion and Analysis of Financial
		Condition and Results of Operations
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk
Item 8.	Financial Statements and Supplementary Data
Item 9.	Changes in and Disagreements with Accountants on
		Accounting and Financial Disclosure
Item 9A.	Controls and Procedures
Item 9B.	Other Information

PART III

Item 10.	Directors and Executive Officers of the Fund
Item 11.	Executive Compensation
Item 12.	Security Ownership of Certain Beneficial Owners
		and Management and Related Partner Matters
Item 13.	Certain Relationships and Related Transactions
Item 14.	Principal Accounting Fees and Services

PART IV

Item 15. Exhibits, Financial Statement Schedules

EX-13	Financial Statements Independent Auditor's Reports
EX-31.(A)	Section 302 Certification
EX-31.(B)	Section 302 Certification
EX-32.(A)	Section 906 Certification
EX-32.(B)	Section 906 Certification
EX-99.1	Significant Subsidiary 2004 Financial Statement

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant has caused this Amendment No. 1 to Annual Report on Form 10-K to be signed on its behalf by the undersigned, thereunto duly authorized.

	Boston Capital Tax Credit Fund V L.P.
	By:	Boston Capital Associates V LLC,General Partner
Date:
April 11, 2007		By:	/s/ John P. Manning John P. Manning
			Managing Member

Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below by the following persons on behalf of the
Fund and in the capacities and on the dates indicated:

DATE:	SIGNATURE:	TITLE:
April 11, 2007	/s/ John P. Manning	Director, President (Principal Executive Officer), Boston Capital Partners II Corp.; Director, President (Principal Executive Officer) BCTC V Assignor Corp.
	John P. Manning
April 11, 2007	/s/ Marc N. Teal Marc N. Teal	Sr. Vice President, Chief Financial Officer (Principal Financial and Accounting Officer), Boston Capital Partners II Corp.; Sr. Vice President, Chief Financial Officer (Principal Financial and Accounting Officer) BCTC V Assignor Corp.