10-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

(Mark One)

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

For the quarterly period ended September 30, 2020
or
( )   TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______ to _______

Commission file number        0-26200

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

Delaware	04-3208648
(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)

                   (617) 624-8900                   

(Registrant's telephone number, including area code)

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

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
None	None	None

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 ý No 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ý No 

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

Large accelerated filer □	Accelerated Filer □
Non-accelerated filer ý	Smaller Reporting Company ý
	Emerging Growth Company □

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. 

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

Yes  No ý

BOSTON CAPITAL TAX CREDIT FUND IV L.P.

QUARTERLY REPORT ON FORM 10-Q
FOR THE QUARTER ENDED JUNE 30, 2020

TABLE OF CONTENTS

PART I FINANCIAL INFORMATION
			Pages
	Item 1. Condensed Financial Statements
		Condensed Balance Sheets			4-31
		Condensed Statements of Operations			32-87
		Condensed Statements of Changes in  Partners' Capital (Deficit)			88-115
		Condensed Statements of Cash Flows			116-143
		Notes to Condensed Financial Statements			144-179
	Item 2. Management's Discussion and Analysis of          Financial Condition and Results of Operations			179-208
	Item 3. Quantitative and Qualitative Disclosures About         Market Risk			209
	Item 4. Controls and Procedures			209
PART II OTHER INFORMATION
	Item 1. Legal Proceedings			210
	Item 1A. Risk Factors			210
	Item 2. Unregistered Sales of Equity Securities and         Use of Proceeds			210
	Item 3. Defaults Upon Senior Securities			210
	Item 4. Mine Safety Disclosures			210
	Item 5. Other Information			210
	Item 6. Exhibits			210
	Signatures			211

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		6,319,194		6,622,109
Other assets		28,738		15,088
	$	6,347,932	$	6,637,197
LIABILITIES
Accounts payable and accrued expenses	$	25,218	$	16,000
Accounts payable affiliates (Note C)		12,999,648		13,107,778
Capital contributions payable		1,039		1,039
		13,025,905		13,124,817
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  83,651,080 issued and 82,926,053 outstanding as of September 30, 2020 and March 31, 2020.		(6,231,282)		(6,042,833)
General Partner		(446,691)		(444,787)
		(6,677,973)		(6,487,620)
	$	6,347,932	$	6,637,197

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 20

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,866,700 issued and 3,828,200 outstanding as of September 30, 2020 and March 31, 2020.		(754,767)		(754,767)
General Partner		754,767		754,767
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 21

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  1,892,700 issued and 1,879,500 outstanding as of September 30, 2020 and March 31, 2020.		(898,231)		(898,231)
General Partner		898,231		898,231
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 22

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,564,400 issued and 2,550,145 outstanding as of September 30, 2020 and March 31, 2020.		(2,448,362)		(2,448,362)
General Partner		2,448,362		2,448,362
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 23

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,336,727 issued and 3,303,327 outstanding as of September 30, 2020 and March 31, 2020.		(224,264)		(224,264)
General Partner		224,264		224,264
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 24

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,169,878 issued and 2,150,053 outstanding as of September 30, 2020 and March 31, 2020.		173,404		173,404
General Partner		(173,404)		(173,404)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 25

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,026,109 issued and 3,016,809 outstanding as of September 30, 2020 and March 31, 2020.		219,815		219,815
General Partner		(219,815)		(219,815)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 26

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		539,061		576,004
Other assets		-		-
	$	539,061	$	576,004
LIABILITIES
Accounts payable and accrued expenses	$	165	$	-
Accounts payable affiliates (Note C)		4,282		-
Capital contributions payable		-		-
		4,447		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,995,900 issued and 3,929,074 outstanding as of September 30, 2020 and March 31, 2020.		847,610		888,586
General Partner		(312,996)		(312,582)
		534,614		576,004
	$	539,061	$	576,004

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 27

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,460,700 issued and 2,431,350 outstanding as of September 30, 2020 and March 31, 2020.		133,264		133,264
General Partner		(133,264)		(133,264)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 28

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  4,000,738 issued and 3,979,139 outstanding as of September 30, 2020 and March 31, 2020.		275,140		275,140
General Partner		(275,140)		(275,140)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 29

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		140,305		157,446
Other assets		-		-
	$	140,305	$	157,446
LIABILITIES
Accounts payable and accrued expenses	$	159	$	-
Accounts payable affiliates (Note C)		3,119,380		3,105,875
Capital contributions payable		785		785
		3,120,324		3,106,660
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,991,800 issued and 3,923,225 outstanding as of September 30, 2020 and March 31, 2020.		(2,611,572)		(2,581,075)
General Partner		(368,447)		(368,139)
		(2,980,019)		(2,949,214)
	$	140,305	$	157,446

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 30

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,651,000 issued and 2,621,200 outstanding as of September 30, 2020 and March 31, 2020.		(883,119)		(883,119)
General Partner		883,119		883,119
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 31

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  4,417,857 issued and 4,375,757 outstanding as of September 30, 2020 and March 31, 2020.		353,529		353,529
General Partner		(353,529)		(353,529)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 32

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		180,351		193,203
Other assets		-		-
	$	180,351	$	193,203
LIABILITIES
Accounts payable and accrued expenses	$	163	$	-
Accounts payable affiliates (Note C)		113,775		83,511
Capital contributions payable		-		-
		113,938		83,511
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  4,754,198 issued and 4,715,798 outstanding as of September 30, 2020 and March 31, 2020.		472,113		514,959
General Partner		(405,700)		(405,267)
		66,413		109,692
	$	180,351	$	193,203

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 33

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		543,367		561,941
Other assets		-		-
	$	543,367	$	561,941
LIABILITIES
Accounts payable and accrued expenses	$	89	$	-
Accounts payable affiliates (Note C)		9,777		-
Capital contributions payable		-		-
		9,866		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,636,533 issued and 2,606,833 outstanding as of September 30, 2020 and March 31, 2020.		753,946		782,102
General Partner		(220,445)		(220,161)
		533,501		561,941
	$	543,367	$	561,941

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 34

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		120,747		148,344
Other assets		-		-
	$	120,747	$	148,344
LIABILITIES
Accounts payable and accrued expenses	$	122	$	-
Accounts payable affiliates (Note C)		2,459,128		2,445,674
Capital contributions payable		-		-
		2,459,250		2,445,674
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,529,319 issued and 3,477,719 outstanding as of September 30, 2020 and March 31, 2020.		(2,014,728)		(1,973,967)
General Partner		(323,775)		(323,363)
		(2,338,503)		(2,297,330)
	$	120,747	$	148,344

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 35

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,300,463 issued and 3,277,913 outstanding as of September 30, 2020 and March 31, 2020.		223,088		223,088
General Partner		(223,088)		(223,088)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 36

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,106,838 issued and 2,083,704 outstanding as of September 30, 2020 and March 31, 2020.		148,221		148,221
General Partner		(148,221)		(148,221)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 37

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,512,500 issued and 2,489,100 outstanding as of September 30, 2020 and March 31, 2020.		205,359		205,359
General Partner		(205,359)		(205,359)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 38

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,543,100 issued and 2,536,200 outstanding as of September 30, 2020 and March 31, 2020.		188,889		188,889
General Partner		(188,889)		(188,889)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 39

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,292,151 issued and 2,288,351 outstanding as of September 30, 2020 and March 31, 2020.		196,043		196,043
General Partner		(196,043)		(196,043)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 40

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		-		-
Other assets		-		-
	$	-	$	-
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		-		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,630,256 issued and 2,611,356 outstanding as of September 30, 2020 and March 31, 2020.		216,900		216,900
General Partner		(216,900)		(216,900)
		-		-
	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 41

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		376,940		352,239
Other assets		-		-
	$	376,940	$	352,239
LIABILITIES
Accounts payable and accrued expenses	$	2,599	$	-
Accounts payable affiliates (Note C)		2,704,207		2,647,829
Capital contributions payable		-		-
		2,706,806		2,647,829
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,891,626 issued and 2,867,676 outstanding as of September 30, 2020 and March 31, 2020.		(2,057,399)		(2,023,466)
General Partner		(272,467)		(272,124)
		(2,329,866)		(2,295,590)
	$	376,940	$	352,239

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 42

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		1,556,143		1,607,893
Other assets		11,300		11,300
	$	1,567,443	$	1,619,193
LIABILITIES
Accounts payable and accrued expenses	$	88	$	-
Accounts payable affiliates (Note C)		19,260		-
Capital contributions payable		254		254
		19,602		254
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,744,262 issued and 2,716,362 outstanding as of September 30, 2020 and March 31, 2020.		1,773,300		1,843,687
General Partner		(225,459)		(224,748)
		1,547,841		1,618,939
	$	1,567,443	$	1,619,193

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 43

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		1,480,476		1,416,291
Other assets		13,650		-
	$	1,494,126	$	1,416,291
LIABILITIES
Accounts payable and accrued expenses	$	15,996	$	-
Accounts payable affiliates (Note C)		19,371		-
Capital contributions payable		-		-
		35,367		-
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  3,637,987 issued and 3,617,987 outstanding as of September 30, 2020 and March 31, 2020.		1,765,692		1,723,649
General Partner		(306,933)		(307,358)
		1,458,759		1,416,291
	$	1,494,126	$	1,416,291

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 44

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		307,766		321,693
Other assets		-		-
	$	307,766	$	321,693
LIABILITIES
Accounts payable and accrued expenses	$	93	$	4,000
Accounts payable affiliates (Note C)		423,301		362,671
Capital contributions payable		-		-
		423,394		366,671
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,701,973 issued and 2,687,173 outstanding as of September 30, 2020 and March 31, 2020.		122,977		192,920
General Partner		(238,605)		(237,898)
		(115,628)		(44,978)
	$	307,766	$	321,693

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 45

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		555,295		859,371
Other assets		-		-
	$	555,295	$	859,371
LIABILITIES
Accounts payable and accrued expenses	$	5,640	$	12,000
Accounts payable affiliates (Note C)		1,921,963		2,351,836
Capital contributions payable		-		-
		1,927,603		2,363,836
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  4,014,367 issued and 3,996,467 outstanding as of September 30, 2020 and March 31, 2020.		(1,004,923)		(1,135,758)
General Partner		(367,385)		(368,707)
		(1,372,308)		(1,504,465)
	$	555,295	$	859,371

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

Series 46

		September 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		518,743		427,684
Other assets		3,788		3,788
	$	522,531	$	431,472
LIABILITIES
Accounts payable and accrued expenses	$	104	$	-
Accounts payable affiliates (Note C)		2,205,204		2,110,382
Capital contributions payable		-		-
		2,205,308		2,110,382
PARTNERS' CAPITAL (DEFICIT)
Assignees
Units of limited partnership  interest, $10 stated value per BAC;  101,500,000 authorized BACs;  2,980,998 issued and 2,965,635 outstanding as of September 30, 2020 and March 31, 2020.		(1,403,207)		(1,399,379)
General Partner		(279,570)		(279,531)
		(1,682,777)		(1,678,910)
	$	522,531	$	431,472

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

		2020		2019
Income
Interest income	$	2,375	$	88,130
Other income		69,667		104,513
		72,042		192,643
Gain on disposition of Operating Partnerships		343,992		6,966,046
Expenses
Professional fees		153,825		314,129
Fund management fee, net (Note C)		165,087		341,092
General and administrative expenses		96,081		122,855
		414,993		778,076
NET INCOME (LOSS)	$	1,041	$	6,380,613
Net income (loss) allocated to  assignees	$	1,030	$	6,316,810
Net income (loss) allocated to general partner	$	11	$	63,803
Net income (loss) per BAC	$	.00	$	.08

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 20

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 21

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 22

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 23

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 24

		2020		2019
Income
Interest income	$	-	$	894
Other income		-		-
		-		894
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		13,776
Fund management fee, net (Note C)		-		10,299
General and administrative expenses		-		5,732
		-		29,807
NET INCOME (LOSS)	$	-	$	(28,913)
Net income (loss) allocated to  assignees	$	-	$	(28,624)
Net income (loss) allocated to general partner	$	-	$	(289)
Net income (loss) per BAC	$	-	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 25

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 26

		2020		2019
Income
Interest income	$	169	$	1,312
Other income		-		-
		169		1,312
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		12,751		16,317
Fund management fee, net (Note C)		4,282		13,938
General and administrative expenses		8,861		8,365
		25,894		38,620
NET INCOME (LOSS)	$	(25,725)	$	(37,308)
Net income (loss) allocated to  assignees	$	(25,468)	$	(36,935)
Net income (loss) allocated to general partner	$	(257)	$	(373)
Net income (loss) per BAC	$	(.01)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 27

		2020		2019
Income
Interest income	$	-	$	19,771
Other income		-		15,472
		-		35,243
Gain on disposition of Operating Partnerships		-		776,922
Expenses
Professional fees		-		11,510
Fund management fee, net (Note C)		-		3,635
General and administrative expenses		-		5,736
		-		20,881
NET INCOME (LOSS)	$	-	$	791,284
Net income (loss) allocated to  assignees	$	-	$	783,372
Net income (loss) allocated to general partner	$	-	$	7,912
Net income (loss) per BAC	$	-	$	.32

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 28

		2020		2019
Income
Interest income	$	-	$	1,764
Other income		-		-
		-		1,764
Gain on disposition of Operating Partnerships		-		7,100
Expenses
Professional fees		-		13,529
Fund management fee, net (Note C)		-		7,296
General and administrative expenses		-		7,829
		-		28,654
NET INCOME (LOSS)	$	-	$	(19,790)
Net income (loss) allocated to  assignees	$	-	$	(19,592)
Net income (loss) allocated to general partner	$	-	$	(198)
Net income (loss) per BAC	$	-	$	(.00)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 29

		2020		2019
Income
Interest income	$	55	$	610
Other income		-		-
		55		610
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		8,276		15,795
Fund management fee, net (Note C)		6,651		7,260
General and administrative expenses		8,852		6,672
		23,779		29,727
NET INCOME (LOSS)	$	(23,724)	$	(29,117)
Net income (loss) allocated to  assignees	$	(23,487)	$	(28,826)
Net income (loss) allocated to general partner	$	(237)	$	(291)
Net income (loss) per BAC	$	(.01)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 30

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 31

		2020		2019
Income
Interest income	$	-	$	6,536
Other income		-		-
		-		6,536
Gain on disposition of Operating Partnerships		-		31,431
Expenses
Professional fees		-		19,370
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		7,738
		-		27,108
NET INCOME (LOSS)	$	-	$	10,859
Net income (loss) allocated to  assignees	$	-	$	10,751
Net income (loss) allocated to general partner	$	-	$	108
Net income (loss) per BAC	$	-	$	.00

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 32

		2020		2019
Income
Interest income	$	65	$	1,125
Other income		10,008		4,320
		10,073		5,445
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		9,526		15,115
Fund management fee, net (Note C)		8,632		19,794
General and administrative expenses		8,867		8,155
		27,025		43,064
NET INCOME (LOSS)	$	(16,952)	$	(37,619)
Net income (loss) allocated to  assignees	$	(16,782)	$	(37,243)
Net income (loss) allocated to general partner	$	(170)	$	(376)
Net income (loss) per BAC	$	(.00)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,

(Unaudited)

Series 33

		2020		2019
Income
Interest income	$	238	$	937
Other income		10,008		14,427
		10,246		15,364
Gain on disposition of Operating Partnerships		-		1,442,632
Expenses
Professional fees		8,001		13,772
Fund management fee, net (Note C)		3,277		13,316
General and administrative expenses		8,455		6,383
		19,733		33,471
NET INCOME (LOSS)	$	(9,487)	$	1,424,525
Net income (loss) allocated to  assignees	$	(9,393)	$	1,410,280
Net income (loss) allocated to general partner	$	(94)	$	14,245
Net income (loss) per BAC	$	(.00)	$	.54

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 34

		2020		2019
Income
Interest income	$	49	$	825
Other income		-		2,100
		49		2,925
Gain on disposition of Operating Partnerships		-		257,500
Expenses
Professional fees		11,904		12,207
Fund management fee, net (Note C)		3,727		11,496
General and administrative expenses		8,630		6,010
		24,261		29,713
NET INCOME (LOSS)	$	(24,212)	$	230,712
Net income (loss) allocated to  assignees	$	(23,970)	$	228,405
Net income (loss) allocated to general partner	$	(242)	$	2,307
Net income (loss) per BAC	$	(.01)	$	.07

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 35

		2020		2019
Income
Interest income	$	-	$	13,538
Other income		-		2,180
		-		15,718
Gain on disposition of Operating Partnerships		-		141,000
Expenses
Professional fees		-		10,813
Fund management fee, net (Note C)		-		9,847
General and administrative expenses		-		5,943
		-		26,603
NET INCOME (LOSS)	$	-	$	130,115
Net income (loss) allocated to  assignees	$	-	$	128,814
Net income (loss) allocated to general partner	$	-	$	1,301
Net income (loss) per BAC	$	-	$	.04

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 36

		2020		2019
Income
Interest income	$	-	$	10,538
Other income		-		-
		-		10,538
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		12,135
Fund management fee, net (Note C)		-		2,739
General and administrative expenses		-		6,011
		-		20,885
NET INCOME (LOSS)	$	-	$	(10,347)
Net income (loss) allocated to  assignees	$	-	$	(10,244)
Net income (loss) allocated to general partner	$	-	$	(103)
Net income (loss) per BAC	$	-	$	(.00)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 37

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 38

		2020		2019
Income
Interest income	$	-	$	9,160
Other income		-		5,700
		-		14,860
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		12,832
Fund management fee, net (Note C)		-		(258)
General and administrative expenses		-		5,515
		-		18,089
NET INCOME (LOSS)	$	-	$	(3,229)
Net income (loss) allocated to  assignees	$	-	$	(3,196)
Net income (loss) allocated to general partner	$	-	$	(33)
Net income (loss) per BAC	$	-	$	(.00)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 39

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 40

		2020		2019
Income
Interest income	$	-	$	637
Other income		-		6,639
		-		7,276
Gain on disposition of Operating Partnerships		-		2,554,005
Expenses
Professional fees		-		17,624
Fund management fee, net (Note C)		-		19,612
General and administrative expenses		-		5,498
		-		42,734
NET INCOME (LOSS)	$	-	$	2,518,547
Net income (loss) allocated to  assignees	$	-	$	2,493,362
Net income (loss) allocated to general partner	$	-	$	25,185
Net income (loss) per BAC	$	-	$	.95

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 41

		2020		2019
Income
Interest income	$	138	$	878
Other income		886		1,302
		1,024		2,180
Gain on disposition of Operating Partnerships		46,500		-
Expenses
Professional fees		12,851		18,902
Fund management fee, net (Note C)		25,564		31,714
General and administrative expenses		8,609		5,881
		47,024		56,497
NET INCOME (LOSS)	$	500	$	(54,317)
Net income (loss) allocated to  assignees	$	495	$	(53,774)
Net income (loss) allocated to general partner	$	5	$	(543)
Net income (loss) per BAC	$	.00	$	(.02)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 42

		2020		2019
Income
Interest income	$	612	$	4,826
Other income		-		4,715
		612		9,541
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		14,817		21,209
Fund management fee, net (Note C)		19,260		23,338
General and administrative expenses		8,533		5,708
		42,610		50,255
NET INCOME (LOSS)	$	(41,998)	$	(40,714)
Net income (loss) allocated to  assignees	$	(41,578)	$	(40,306)
Net income (loss) allocated to general partner	$	(420)	$	(408)
Net income (loss) per BAC	$	(.02)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 43

		2020		2019
Income
Interest income	$	593	$	5,746
Other income		364		4,988
		957		10,734
Gain on disposition of Operating Partnerships		97,800		195,000
Expenses
Professional fees		15,992		24,014
Fund management fee, net (Note C)		12,676		20,125
General and administrative expenses		8,785		6,184
		37,453		50,323
NET INCOME (LOSS)	$	61,304	$	155,411
Net income (loss) allocated to  assignees	$	60,691	$	153,857
Net income (loss) allocated to general partner	$	613	$	1,554
Net income (loss) per BAC	$	.02	$	.04

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 44

		2020		2019
Income
Interest income	$	106	$	4,319
Other income		11,054		11,961
		11,160		16,280
Gain on disposition of Operating Partnerships		-		1,560,456
Expenses
Professional fees		11,676		14,791
Fund management fee, net (Note C)		27,041		37,351
General and administrative expenses		8,497		5,658
		47,214		57,800
NET INCOME (LOSS)	$	(36,054)	$	1,518,936
Net income (loss) allocated to  assignees	$	(35,693)	$	1,503,747
Net income (loss) allocated to general partner	$	(361)	$	15,189
Net income (loss) per BAC	$	(.01)	$	.56

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 45

		2020		2019
Income
Interest income	$	137	$	3,625
Other income		8,199		8,725
		8,336		12,350
Gain on disposition of Operating Partnerships		199,692		-
Expenses
Professional fees		30,940		31,242
Fund management fee, net (Note C)		13,068		59,591
General and administrative expenses		8,904		7,853
		52,912		98,686
NET INCOME (LOSS)	$	155,116	$	(86,336)
Net income (loss) allocated to  assignees	$	153,564	$	(85,473)
Net income (loss) allocated to general partner	$	1,552	$	(863)
Net income (loss) per BAC	$	.04	$	(.02)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Three Months Ended September 30,
(Unaudited)

Series 46

		2020		2019
Income
Interest income	$	213	$	1,089
Other income		29,148		21,984
		29,361		23,073
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		17,091		19,176
Fund management fee, net (Note C)		40,909		49,999
General and administrative expenses		9,088		5,984
		67,088		75,159
NET INCOME (LOSS)	$	(37,727)	$	(52,086)
Net income (loss) allocated to  assignees	$	(37,349)	$	(51,565)
Net income (loss) allocated to general partner	$	(378)	$	(521)
Net income (loss) per BAC	$	(.01)	$	(.02)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

		2020		2019
Income
Interest income	$	7,895	$	157,936
Other income		118,008		212,121
		125,903		370,057
Gain on disposition of Operating Partnerships		430,992		11,850,663
Expenses
Professional fees		217,040		327,696
Fund management fee, net (Note C)		371,686		585,774
General and administrative expenses		158,522		226,337
		747,248		1,139,807
NET INCOME (LOSS)	$	(190,353)	$	11,080,913
Net income (loss) allocated to  assignees	$	(188,449)	$	10,970,106
Net income (loss) allocated to general partner	$	(1,904)	$	110,807
Net income (loss) per BAC	$	(.00)	$	.13

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 20

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 21

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 22

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 23

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 24

		2020		2019
Income
Interest income	$	-	$	1,683
Other income		-		1,680
		-		3,363
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		14,433
Fund management fee, net (Note C)		-		18,242
General and administrative expenses		-		10,515
		-		43,190
NET INCOME (LOSS)	$	-	$	(39,827)
Net income (loss) allocated to  assignees	$	-	$	(39,429)
Net income (loss) allocated to general partner	$	-	$	(398)
Net income (loss) per BAC	$	-	$	(.02)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 25

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 26

		2020		2019
Income
Interest income	$	844	$	2,437
Other income		-		420
		844		2,857
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		18,168		16,974
Fund management fee, net (Note C)		8,564		26,876
General and administrative expenses		15,502		15,175
		42,234		59,025
NET INCOME (LOSS)	$	(41,390)	$	(56,168)
Net income (loss) allocated to  assignees	$	(40,976)	$	(55,606)
Net income (loss) allocated to general partner	$	(414)	$	(562)
Net income (loss) per BAC	$	(.01)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 27

		2020		2019
Income
Interest income	$	-	$	40,073
Other income		-		15,472
		-		55,545
Gain on disposition of Operating Partnerships		-		776,922
Expenses
Professional fees		-		12,167
Fund management fee, net (Note C)		-		8,890
General and administrative expenses		-		10,571
		-		31,628
NET INCOME (LOSS)	$	-	$	800,839
Net income (loss) allocated to  assignees	$	-	$	792,831
Net income (loss) allocated to general partner	$	-	$	8,008
Net income (loss) per BAC	$	-	$	0.33

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 28

		2020		2019
Income
Interest income	$	-	$	2,976
Other income		-		446
		-		3,422
Gain on disposition of Operating Partnerships		-		7,100
Expenses
Professional fees		-		14,186
Fund management fee, net (Note C)		-		12,592
General and administrative expenses		-		14,207
		-		40,985
NET INCOME (LOSS)	$	-	$	(30,463)
Net income (loss) allocated to  assignees	$	-	$	(30,158)
Net income (loss) allocated to general partner	$	-	$	(305)
Net income (loss) per BAC	$	-	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 29

		2020		2019
Income
Interest income	$	250	$	1,334
Other income		-		-
		250		1,334
Gain on disposition of Operating Partnerships		9,500		-
Expenses
Professional fees		13,123		16,452
Fund management fee, net (Note C)		13,505		14,520
General and administrative expenses		13,927		12,503
		40,555		43,475
NET INCOME (LOSS)	$	(30,805)	$	(42,141)
Net income (loss) allocated to  assignees	$	(30,497)	$	(41,720)
Net income (loss) allocated to general partner	$	(308)	$	(421)
Net income (loss) per BAC	$	(.01)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 30

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 31

		2020		2019
Income
Interest income	$	-	$	10,540
Other income		-		-
		-		10,540
Gain on disposition of Operating Partnerships		-		618,900
Expenses
Professional fees		-		20,027
Fund management fee, net (Note C)		-		(59,987)
General and administrative expenses		-		14,489
		-		(25,471)
NET INCOME (LOSS)	$	-	$	654,911
Net income (loss) allocated to  assignees	$	-	$	648,362
Net income (loss) allocated to general partner	$	-	$	6,549
Net income (loss) per BAC	$	-	$	.15

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 32

		2020		2019
Income
Interest income	$	315	$	2,048
Other income		10,008		4,320
		10,323		6,368
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		14,373		16,314
Fund management fee, net (Note C)		23,764		26,588
General and administrative expenses		15,465		14,855
		53,602		57,757
NET INCOME (LOSS)	$	(43,279)	$	(51,389)
Net income (loss) allocated to  assignees	$	(42,846)	$	(50,875)
Net income (loss) allocated to general partner	$	(433)	$	(514)
Net income (loss) per BAC	$	(.01)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,

(Unaudited)

Series 33

		2020		2019
Income
Interest income	$	696	$	1,800
Other income		10,008		14,427
		10,704		16,227
Gain on disposition of Operating Partnerships		-		1,442,632
Expenses
Professional fees		12,468		14,971
Fund management fee, net (Note C)		13,054		9,214
General and administrative expenses		13,622		11,574
		39,144		35,759
NET INCOME (LOSS)	$	(28,440)	$	1,423,100
Net income (loss) allocated to  assignees	$	(28,156)	$	1,408,869
Net income (loss) allocated to general partner	$	(284)	$	14,231
Net income (loss) per BAC	$	(.01)	$	.54

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 34

		2020		2019
Income
Interest income	$	286	$	1,458
Other income		-		2,100
		286		3,558
Gain on disposition of Operating Partnerships		-		257,500
Expenses
Professional fees		16,561		12,864
Fund management fee, net (Note C)		10,454		20,861
General and administrative expenses		14,444		11,262
		41,459		44,987
NET INCOME (LOSS)	$	(41,173)	$	216,071
Net income (loss) allocated to  assignees	$	(40,761)	$	213,910
Net income (loss) allocated to general partner	$	(412)	$	2,161
Net income (loss) per BAC	$	(.01)	$	.06

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 35

		2020		2019
Income
Interest income	$	-	$	25,729
Other income		-		5,963
		-		31,692
Gain on disposition of Operating Partnerships		-		141,000
Expenses
Professional fees		-		11,470
Fund management fee, net (Note C)		-		17,300
General and administrative expenses		-		11,126
		-		39,896
NET INCOME (LOSS)	$	-	$	132,796
Net income (loss) allocated to  assignees	$	-	$	131,468
Net income (loss) allocated to general partner	$	-	$	1,328
Net income (loss) per BAC	$	-	$	.04

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 36

		2020		2019
Income
Interest income	$	-	$	20,501
Other income		-		-
		-		20,501
Gain on disposition of Operating Partnerships		-		476,325
Expenses
Professional fees		-		12,792
Fund management fee, net (Note C)		-		7,911
General and administrative expenses		-		10,850
		-		31,553
NET INCOME (LOSS)	$	-	$	465,273
Net income (loss) allocated to  assignees	$	-	$	460,620
Net income (loss) allocated to general partner	$	-	$	4,653
Net income (loss) per BAC	$	-	$	.22

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 37

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 38

		2020		2019
Income
Interest income	$	-	$	12,362
Other income		-		5,700
		-		18,062
Gain on disposition of Operating Partnerships		-		1,463,974
Expenses
Professional fees		-		13,489
Fund management fee, net (Note C)		-		16,323
General and administrative expenses		-		10,188
		-		40,000
NET INCOME (LOSS)	$	-	$	1,442,036
Net income (loss) allocated to  assignees	$	-	$	1,427,616
Net income (loss) allocated to general partner	$	-	$	14,420
Net income (loss) per BAC	$	-	$	.56

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 39

		2020		2019
Income
Interest income	$	-	$	-
Other income		-		-
		-		-
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		-
Fund management fee, net (Note C)		-		-
General and administrative expenses		-		-
		-		-
NET INCOME (LOSS)	$	-	$	-
Net income (loss) allocated to  assignees	$	-	$	-
Net income (loss) allocated to general partner	$	-	$	-
Net income (loss) per BAC	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 40

		2020		2019
Income
Interest income	$	-	$	1,332
Other income		-		6,639
		-		7,971
Gain on disposition of Operating Partnerships		-		2,554,005
Expenses
Professional fees		-		18,281
Fund management fee, net (Note C)		-		33,102
General and administrative expenses		-		10,152
		-		61,535
NET INCOME (LOSS)	$	-	$	2,500,441
Net income (loss) allocated to  assignees	$	-	$	2,475,437
Net income (loss) allocated to general partner	$	-	$	25,004
Net income (loss) per BAC	$	-	$	.95

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 41

		2020		2019
Income
Interest income	$	519	$	1,683
Other income		3,392		47,364
		3,911		49,047
Gain on disposition of Operating Partnerships		46,500		-
Expenses
Professional fees		18,838		19,559
Fund management fee, net (Note C)		51,792		52,295
General and administrative expenses		14,057		10,890
		84,687		82,744
NET INCOME (LOSS)	$	(34,276)	$	(33,697)
Net income (loss) allocated to  assignees	$	(33,933)	$	(33,360)
Net income (loss) allocated to general partner	$	(343)	$	(337)
Net income (loss) per BAC	$	(.01)	$	(.01)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 42

		2020		2019
Income
Interest income	$	1,529	$	9,597
Other income		-		9,569
		1,529		19,166
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		20,424		21,866
Fund management fee, net (Note C)		38,519		45,624
General and administrative expenses		13,684		10,535
		72,627		78,025
NET INCOME (LOSS)	$	(71,098)	$	(58,859)
Net income (loss) allocated to  assignees	$	(70,387)	$	(58,270)
Net income (loss) allocated to general partner	$	(711)	$	(589)
Net income (loss) per BAC	$	(.03)	$	(.02)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 43

		2020		2019
Income
Interest income	$	1,812	$	7,835
Other income		1,238		5,862
		3,050		13,697
Gain on disposition of Operating Partnerships		106,800		1,255,582
Expenses
Professional fees		22,554		24,671
Fund management fee, net (Note C)		30,254		46,236
General and administrative expenses		14,574		11,542
		67,382		82,449
NET INCOME (LOSS)	$	42,468	$	1,186,830
Net income (loss) allocated to  assignees	$	42,043	$	1,174,962
Net income (loss) allocated to general partner	$	425	$	11,868
Net income (loss) per BAC	$	.01	$	.32

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 44

		2020		2019
Income
Interest income	$	527	$	4,904
Other income		11,054		12,756
		11,581		17,660
Gain on disposition of Operating Partnerships		-		2,856,723
Expenses
Professional fees		17,283		15,448
Fund management fee, net (Note C)		51,136		85,282
General and administrative expenses		13,812		10,506
		82,231		111,236
NET INCOME (LOSS)	$	(70,650)	$	2,763,147
Net income (loss) allocated to  assignees	$	(69,943)	$	2,735,516
Net income (loss) allocated to general partner	$	(707)	$	27,631
Net income (loss) per BAC	$	(.03)	$	1.02

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 45

		2020		2019
Income
Interest income	$	506	$	7,453
Other income		31,189		31,039
		31,695		38,492
Gain on disposition of Operating Partnerships		199,692		-
Expenses
Professional fees		39,597		31,899
Fund management fee, net (Note C)		44,572		109,435
General and administrative expenses		15,061		14,278
		99,230		155,612
NET INCOME (LOSS)	$	132,157	$	(117,120)
Net income (loss) allocated to  assignees	$	130,835	$	(115,949)
Net income (loss) allocated to general partner	$	1,322	$	(1,171)
Net income (loss) per BAC	$	.03	$	(.03)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF OPERATIONS
Six Months Ended September 30,
(Unaudited)

Series 46

		2020		2019
Income
Interest income	$	611	$	2,191
Other income		51,119		48,364
		51,730		50,555
Gain on disposition of Operating Partnerships		68,500		-
Expenses
Professional fees		23,651		19,833
Fund management fee, net (Note C)		86,072		94,470
General and administrative expenses		14,374		11,119
		124,097		125,422
NET INCOME (LOSS)	$	(3,867)	$	(74,867)
Net income (loss) allocated to  assignees	$	(3,828)	$	(74,118)
Net income (loss) allocated to general partner	$	(39)	$	(749)
Net income (loss) per BAC	$	(.00)	$	(.02)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Partners' capital (deficit)   April 1, 2020	$	(6,042,833)	$	(444,787)	$	(6,487,620)
Net income (loss)		(189,479)		(1,915)		(191,394)
Partners' capital (deficit),   June 30, 2020		(6,232,312)		(446,702)		(6,679,014)
Net income (loss)		1,030		11		1,041
Partners' capital (deficit),   September 30, 2020	$	(6,231,282)	$	(446,691)	$	(6,677,973)

		Assignees		General Partner		Total
Partners' capital (deficit)   April 1, 2019	$	3,656,782	$	(587,493)	$	3,069,289
Net income (loss)		4,653,296		47,004		4,700,300
Partners' capital (deficit)   June 30, 2019		8,310,078		(540,489)		7,769,589
Net income (loss)		6,316,810		63,803		6,380,613
Partners' capital (deficit),   September 30, 2019	$	14,626,888	$	(476,686)	$	14,150,202

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 20
Partners' capital (deficit)   April 1, 2020	$	(754,767)	$	754,767	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		(754,767)		754,767		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	(754,767)	$	754,767	$	-

		Assignees		General Partner		Total
Series 20
Partners' capital (deficit)   April 1, 2019	$	(754,767)	$	754,767	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		(754,767)		754,767		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	(754,767)	$	754,767	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited

		Assignees		General Partner		Total
Series 21
Partners' capital (deficit)   April 1, 2020	$	(898,231)	$	898,231	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		(898,231)		898,231		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	(898,231)	$	898,231	$	-

		Assignees		General Partner		Total
Series 21
Partners' capital (deficit)   April 1, 2019	$	(898,231)	$	898,231	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		(898,231)		898,231		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	(898,231)	$	898,231	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited

		Assignees		General Partner		Total
Series 22
Partners' capital (deficit)   April 1, 2020	$	(2,448,362)	$	2,448,362	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		(2,448,362)		2,448,362		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	(2,448,362)	$	2,448,362	$	-

		Assignees		General Partner		Total
Series 22
Partners' capital (deficit)   April 1, 2019	$	(2,448,362)	$	2,448,362	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		(2,448,362)		2,448,362		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	(2,448,362)	$	2,448,362	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited

		Assignees		General Partner		Total
Series 23
Partners' capital (deficit)   April 1, 2020	$	(224,264)	$	224,264	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		(224,264)		224,264		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	(224,264)	$	224,264	$	-

		Assignees		General Partner		Total
Series 23
Partners' capital (deficit)   April 1, 2019	$	(224,264)	$	224,264	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		(224,264)		224,264		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	(224,264)	$	224,264	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 24
Partners' capital (deficit)   April 1, 2020	$	173,404	$	(173,404)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		173,404		(173,404)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	173,404	$	(173,404)	$	-

		Assignees		General Partner		Total
Series 24
Partners' capital (deficit)   April 1, 2019	$	577,250	$	(175,232)	$	402,018
Net income (loss)		(10,805)		(109)		(10,914)
Partners' capital (deficit)   June 30, 2019		566,445		(175,341)		391,104
Net income (loss)		(28,624)		(289)		(28,913)
Partners' capital (deficit),   September 30, 2019	$	537,821	$	(175,630)	$	362,191

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 25
Partners' capital (deficit)   April 1, 2020	$	219,815	$	(219,815)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		219,815		(219,815)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	219,815	$	(219,815)	$	-

		Assignees		General Partner		Total
Series 25
Partners' capital (deficit)   April 1, 2019	$	219,815	$	(219,815)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		219,815		(219,815)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	219,815	$	(219,815)	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 26
Partners' capital (deficit)   April 1, 2020	$	888,586	$	(312,582)	$	576,004
Net income (loss)		(15,508)		(157)		(15,665)
Partners' capital (deficit),   June 30, 2020		873,078		(312,739)		560,339
Net income (loss)		(25,468)		(257)		(25,725)
Partners' capital (deficit),   September 30, 2020	$	847,610	$	(312,996)	$	534,614

		Assignees		General Partner		Total
Series 26
Partners' capital (deficit)   April 1, 2019	$	867,237	$	(312,798)	$	554,439
Net income (loss)		(18,671)		(189)		(18,860)
Partners' capital (deficit)   June 30, 2019		848,566		(312,987)		535,579
Net income (loss)		(36,935)		(373)		(37,308)
Partners' capital (deficit),   September 30, 2019	$	811,631	$	(313,360)	$	498,271

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 27
Partners' capital (deficit)   April 1, 2020	$	133,264	$	(133,264)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		133,264		(133,264)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	133,264	$	(133,264)	$	-

		Assignees		General Partner		Total
Series 27
Partners' capital (deficit)   April 1, 2019	$	6,641,679	$	(141,445)	$	6,500,234
Net income (loss)		9,459		96		9,555
Partners' capital (deficit)   June 30, 2019		6,651,138		(141,349)		6,509,789
Net income (loss)		783,372		7,912		791,284
Partners' capital (deficit),   September 30, 2019	$	7,434,510	$	(133,437)	$	7,301,073

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 28
Partners' capital (deficit)   April 1, 2020	$	275,140	$	(275,140)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		275,140		(275,140)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	275,140	$	(275,140)	$	-

		Assignees		General Partner		Total
Series 28
Partners' capital (deficit)   April 1, 2019	$	965,536	$	(274,931)	$	690,605
Net income (loss)		(10,566)		(107)		(10,673)
Partners' capital (deficit)   June 30, 2019		954,970		(275,038)		679,932
Net income (loss)		(19,592)		(198)		(19,790)
Partners' capital (deficit),   September 30, 2019	$	935,378	$	(275,236)	$	660,142

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 29
Partners' capital (deficit)   April 1, 2020	$	(2,581,075)	$	(368,139)	$	(2,949,214)
Net income (loss)		(7,010)		(71)		(7,081)
Partners' capital (deficit),   June 30, 2020		(2,588,085)		(368,210)		(2,956,295)
Net income (loss)		(23,487)		(237)		(23,724)
Partners' capital (deficit),   September 30, 2020	$	(2,611,572)	$	(368,447)	$	(2,980,019)

		Assignees		General Partner		Total
Series 29
Partners' capital (deficit)   April 1, 2019	$	(2,513,222)	$	(367,454)	$	(2,880,676)
Net income (loss)		(12,894)		(130)		(13,024)
Partners' capital (deficit)   June 30, 2019		(2,526,116)		(367,584)		(2,893,700)
Net income (loss)		(28,826)		(291)		(29,117)
Partners' capital (deficit),   September 30, 2019	$	(2,554,942)	$	(367,875)	$	(2,922,817)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 30
Partners' capital (deficit)   April 1, 2020	$	(883,119)	$	883,119	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		(883,119)		883,119		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	(883,119)	$	883,119	$	-

		Assignees		General Partner		Total
Series 30
Partners' capital (deficit)   April 1, 2019	$	(883,119)	$	883,119	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		(883,119)		883,119		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	(883,119)	$	883,119	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 31
Partners' capital (deficit)   April 1, 2020	$	353,529	$	(353,529)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		353,529		(353,529)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	353,529	$	(353,529)	$	-

		Assignees		General Partner		Total
Series 31
Partners' capital (deficit)   April 1, 2019	$	2,313,293	$	(359,723)	$	1,953,570
Net income (loss)		637,611		6,441		644,052
Partners' capital (deficit)   June 30, 2019		2,950,904		(353,282)		2,597,622
Net income (loss)		10,751		108		10,859
Partners' capital (deficit),   September 30, 2019	$	2,961,655	$	(353,174)	$	2,608,481

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 32
Partners' capital (deficit)   April 1, 2020	$	514,959	$	(405,267)	$	109,692
Net income (loss)		(26,064)		(263)		(26,327)
Partners' capital (deficit),   June 30, 2020		488,895		(405,530)		83,365
Net income (loss)		(16,782)		(170)		(16,952)
Partners' capital (deficit),   September 30, 2020	$	472,113	$	(405,700)	$	66,413

		Assignees		General Partner		Total
Series 32
Partners' capital (deficit)   April 1, 2019	$	458,311	$	(405,839)	$	52,472
Net income (loss)		(13,632)		(138)		(13,770)
Partners' capital (deficit)   June 30, 2019		444,679		(405,977)		38,702
Net income (loss)		(37,243)		(376)		(37,619)
Partners' capital (deficit),   September 30, 2019	$	407,436	$	(406,353)	$	1,083

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 33
Partners' capital (deficit)   April 1, 2020	$	782,102	$	(220,161)	$	561,941
Net income (loss)		(18,763)		(190)		(18,953)
Partners' capital (deficit),   June 30, 2020		763,339		(220,351)		542,988
Net income (loss)		(9,393)		(94)		(9,487)
Partners' capital (deficit),   September 30, 2020	$	753,946	$	(220,445)	$	533,501

		Assignees		General Partner		Total
Series 33
Partners' capital (deficit)   April 1, 2019	$	(628,268)	$	(234,407)	$	(862,675)
Net income (loss)		(1,411)		(14)		(1,425)
Partners' capital (deficit)   June 30, 2019		(629,679)		(234,421)		(864,100)
Net income (loss)		1,410,280		14,245		1,424,525
Partners' capital (deficit),   September 30, 2019	$	780,601	$	(220,176)	$	560,425

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 34
Partners' capital (deficit)   April 1, 2020	$	(1,973,967)	$	(323,363)	$	(2,297,330)
Net income (loss)		(16,791)		(170)		(16,961)
Partners' capital (deficit),   June 30, 2020		(1,990,758)		(323,533)		(2,314,291)
Net income (loss)		(23,970)		(242)		(24,212)
Partners' capital (deficit),   September 30, 2020	$	(2,014,728)	$	(323,775)	$	(2,338,503)

		Assignees		General Partner		Total
Series 34
Partners' capital (deficit)   April 1, 2019	$	(2,186,040)	$	(325,505)	$	(2,511,545)
Net income (loss)		(14,495)		(146)		(14,641)
Partners' capital (deficit)   June 30, 2019		(2,200,535)		(325,651)		(2,526,186)
Net income (loss)		228,405		2,307		230,712
Partners' capital (deficit),   September 30, 2019	$	(1,972,130)	$	(323,344)	$	(2,295,474)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 35
Partners' capital (deficit)   April 1, 2020	$	223,088	$	(223,088)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		223,088		(223,088)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	223,088	$	(223,088)	$	-

		Assignees		General Partner		Total
Series 35
Partners' capital (deficit)   April 1, 2019	$	4,633,841	$	(238,067)	$	4,395,774
Net income (loss)		2,654		27		2,681
Partners' capital (deficit)   June 30, 2019		4,636,495		(238,040)		4,398,455
Net income (loss)		128,814		1,301		130,115
Partners' capital (deficit),   September 30, 2019	$	4,765,309	$	(236,739)	$	4,528,570

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 36
Partners' capital (deficit)   April 1, 2020	$	148,221	$	(148,221)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		148,221		(148,221)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	148,221	$	(148,221)	$	-

		Assignees		General Partner		Total
Series 36
Partners' capital (deficit)   April 1, 2019	$	2,670,150	$	(153,497)	$	2,516,653
Net income (loss)		470,864		4,756		475,620
Partners' capital (deficit)   June 30, 2019		3,141,014		(148,741)		2,992,273
Net income (loss)		(10,244)		(103)		(10,347)
Partners' capital (deficit),   September 30, 2019	$	3,130,770	$	(148,844)	$	2,981,926

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 37
Partners' capital (deficit)   April 1, 2020	$	205,359	$	(205,359)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		205,359		(205,359)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	205,359	$	(205,359)	$	-

		Assignees		General Partner		Total
Series 37
Partners' capital (deficit)   April 1, 2019	$	205,359	$	(205,359)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		205,359		(205,359)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	205,359	$	(205,359)	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 38
Partners' capital (deficit)   April 1, 2020	$	188,889	$	(188,889)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		188,889		(188,889)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	188,889	$	(188,889)	$	-

		Assignees		General Partner		Total
Series 38
Partners' capital (deficit)   April 1, 2019	$	1,702,399	$	(203,293)	$	1,499,106
Net income (loss)		1,430,812		14,453		1,445,265
Partners' capital (deficit)   June 30, 2019		3,133,211		(188,840)		2,944,371
Net income (loss)		(3,196)		(33)		(3,229)
Partners' capital (deficit),   September 30, 2019	$	3,130,015	$	(188,873)	$	2,941,142

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 39
Partners' capital (deficit)   April 1, 2020	$	196,043	$	(196,043)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		196,043		(196,043)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	196,043	$	(196,043)	$	-

		Assignees		General Partner		Total
Series 39
Partners' capital (deficit)   April 1, 2019	$	196,043	$	(196,043)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit)   June 30, 2019		196,043		(196,043)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2019	$	196,043	$	(196,043)	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 40
Partners' capital (deficit)   April 1, 2020	$	216,900	$	(216,900)	$	-
Net income (loss)		-		-		-
Partners' capital (deficit),   June 30, 2020		216,900		(216,900)		-
Net income (loss)		-		-		-
Partners' capital (deficit),   September 30, 2020	$	216,900	$	(216,900)	$	-

		Assignees		General Partner		Total
Series 40
Partners' capital (deficit)   April 1, 2019	$	(1,795,123)	$	(245,348)	$	(2,040,471)
Net income (loss)		(17,925)		(181)		(18,106)
Partners' capital (deficit)   June 30, 2019		(1,813,048)		(245,529)		(2,058,577)
Net income (loss)		2,493,362		25,185		2,518,547
Partners' capital (deficit),   September 30, 2019	$	680,314	$	(220,344)	$	459,970

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 41
Partners' capital (deficit)   April 1, 2020	$	(2,023,466)	$	(272,124)	$	(2,295,590)
Net income (loss)		(34,428)		(348)		(34,776)
Partners' capital (deficit),   June 30, 2020		(2,057,894)		(272,472)		(2,330,366)
Net income (loss)		495		5		500
Partners' capital (deficit),   September 30, 2020	$	(2,057,399)	$	(272,467)	$	(2,329,866)

		Assignees		General Partner		Total
Series 41
Partners' capital (deficit)   April 1, 2019	$	(1,995,553)	$	(271,842)	$	(2,267,395)
Net income (loss)		20,414		206		20,620
Partners' capital (deficit)   June 30, 2019		(1,975,139)		(271,636)		(2,246,775)
Net income (loss)		(53,774)		(543)		(54,317)
Partners' capital (deficit),   September 30, 2019	$	(2,028,913)	$	(272,179)	$	(2,301,092)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 42
Partners' capital (deficit)   April 1, 2020	$	1,843,687	$	(224,748)	$	1,618,939
Net income (loss)		(28,809)		(291)		(29,100)
Partners' capital (deficit),   June 30, 2020		1,814,878		(225,039)		1,589,839
Net income (loss)		(41,578)		(420)		(41,998)
Partners' capital (deficit),   September 30, 2020	$	1,773,300	$	(225,459)	$	1,547,841

		Assignees		General Partner		Total
Series 42
Partners' capital (deficit)   April 1, 2019	$	1,539,351	$	(227,822)	$	1,311,529
Net income (loss)		(17,964)		(181)		(18,145)
Partners' capital (deficit)   June 30, 2019		1,521,387		(228,003)		1,293,384
Net income (loss)		(40,306)		(408)		(40,714)
Partners' capital (deficit),   September 30, 2019	$	1,481,081	$	(228,411)	$	1,252,670

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 43
Partners' capital (deficit)   April 1, 2020	$	1,723,649	$	(307,358)	$	1,416,291
Net income (loss)		(18,648)		(188)		(18,836)
Partners' capital (deficit),   June 30, 2020		1,705,001		(307,546)		1,397,455
Net income (loss)		60,691		613		61,304
Partners' capital (deficit),   September 30, 2020	$	1,765,692	$	(306,933)	$	1,458,759

		Assignees		General Partner		Total
Series 43
Partners' capital (deficit)   April 1, 2019	$	565,339	$	(319,058)	$	246,281
Net income (loss)		1,021,105		10,314		1,031,419
Partners' capital (deficit)   June 30, 2019		1,586,444		(308,744)		1,277,700
Net income (loss)		153,857		1,554		155,411
Partners' capital (deficit),   September 30, 2019	$	1,740,301	$	(307,190)	$	1,433,111

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 44
Partners' capital (deficit)   April 1, 2020	$	192,920	$	(237,898)	$	(44,978)
Net income (loss)		(34,250)		(346)		(34,596)
Partners' capital (deficit),   June 30, 2020		158,670		(238,244)		(79,574)
Net income (loss)		(35,693)		(361)		(36,054)
Partners' capital (deficit),   September 30, 2020	$	122,977	$	(238,605)	$	(115,628)

		Assignees		General Partner		Total
Series 44
Partners' capital (deficit)   April 1, 2019	$	(2,696,719)	$	(267,086)	$	(2,963,805)
Net income (loss)		1,231,769		12,442		1,244,211
Partners' capital (deficit)   June 30, 2019		(1,464,950)		(254,644)		(1,719,594)
Net income (loss)		1,503,747		15,189		1,518,936
Partners' capital (deficit),   September 30, 2019	$	38,797	$	(239,455)	$	(200,658)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 45
Partners' capital (deficit)   April 1, 2020	$	(1,135,758)	$	(368,707)	$	(1,504,465)
Net income (loss)		(22,729)		(230)		(22,959)
Partners' capital (deficit),   June 30, 2020		(1,158,487)		(368,937)		(1,527,424)
Net income (loss)		153,564		1,552		155,116
Partners' capital (deficit),   September 30, 2018	$	(1,004,923)	$	(367,385)	$	(1,372,308)

		Assignees		General Partner		Total
Series 45
Partners' capital (deficit)   April 1, 2019	$	(1,577,434)	$	(373,168)	$	(1,950,602)
Net income (loss)		(30,476)		(308)		(30,784)
Partners' capital (deficit)   June 30, 2019		(1,607,910)		(373,476)		(1,981,386)
Net income (loss)		(85,473)		(863)		(86,336)
Partners' capital (deficit),   September 30, 2019	$	(1,693,383)	$	(374,339)	$	(2,067,722)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Six Months Ended September 30, 2020 and 2019
(Unaudited)

		Assignees		General Partner		Total
Series 46
Partners' capital (deficit)   April 1, 2020	$	(1,399,379)	$	(279,531)	$	(1,678,910)
Net income (loss)		33,521		339		33,860
Partners' capital (deficit),   June 30, 2020		(1,365,858)		(279,192)		(1,645,050)
Net income (loss)		(37,349)		(378)		(37,727)
Partners' capital (deficit),   September 30, 2018	$	(1,403,207)	$	(279,570)	$	(1,682,777)

		Assignees		General Partner		Total
Series 46
Partners' capital (deficit)   April 1, 2019	$	(1,297,719)	$	(278,504)	$	(1,576,223)
Net income (loss)		(22,553)		(228)		(22,781)
Partners' capital (deficit)   June 30, 2019		(1,320,272)		(278,732)		(1,599,004)
Net income (loss)		(51,565)		(521)		(52,086)
Partners' capital (deficit),   September 30, 2019	$	(1,371,837)	$	(279,253)	$	(1,651,090)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(190,353)	$	11,080,913
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		(430,992)		(11,850,663)
Changes in assets and liabilities
Increase in other assets		(13,650)		-
(Decrease) Increase in accounts    payable and accrued expenses		9,218		(9,044)
(Decrease) Increase in accounts    payable affiliates		(108,130)		(2,345,707)
Net cash provided by (used in)  operating activities		(733,907)		(3,124,501)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		430,992		11,850,561
Net cash provided by investing activities		430,992		11,850,561
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(302,915)		8,726,060
Cash and cash equivalents, beginning		6,622,109		22,926,529
Cash and cash equivalents, ending	$	6,319,194	$	31,652,589

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	25,000

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 20

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 21

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 22

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 23

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 24

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	(39,827)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(39,827)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		(39,827)
Cash and cash equivalents, beginning		-		402,018
Cash and cash equivalents, ending	$	-	$	362,191

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 25

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,

(Unaudited)

Series 26

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(41,390)	$	(56,168)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		165		-
(Decrease) Increase in accounts    payable affiliates		4,282		-
Net cash provided by (used in)  operating activities		(36,943)		(56,168)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(36,943)		(56,168)
Cash and cash equivalents, beginning		576,004		554,439
Cash and cash equivalents, ending	$	539,061	$	498,271

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 27

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	800,839
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(776,922)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		23,917
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		776,922
Net cash provided by investing activities		-		776,922
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		800,839
Cash and cash equivalents, beginning		-		6,500,234
Cash and cash equivalents, ending	$	-	$	7,301,073

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 28

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	(30,463)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(7,100)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(37,563)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		7,100
Net cash provided by investing activities		-		7,100
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		(30,463)
Cash and cash equivalents, beginning		-		690,605
Cash and cash equivalents, ending	$	-	$	660,142

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,

(Unaudited)

Series 29

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(30,805)	$	(42,141)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		(9,500)		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		159		-
(Decrease) Increase in accounts    payable affiliates		13,505		14,520
Net cash provided by (used in)  operating activities		(26,641)		(27,621)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		9,500		-
Net cash provided by investing activities		9,500		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(17,141)		(27,621)
Cash and cash equivalents, beginning		157,446		196,944
Cash and cash equivalents, ending	$	140,305	$	169,323

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 30

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 31

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	654,911
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(618,900)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		36,011
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		618,900
Net cash provided by investing activities		-		618,900
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		654,911
Cash and cash equivalents, beginning		-		1,953,570
Cash and cash equivalents, ending	$	-	$	2,608,481

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	25,000

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 32

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(43,279)	$	(51,389)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		163		-
(Decrease) Increase in accounts    payable affiliates		30,264		(11,620)
Net cash provided by (used in)  operating activities		(12,852)		(63,009)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(12,852)		(63,009)
Cash and cash equivalents, beginning		193,203		272,226
Cash and cash equivalents, ending	$	180,351	$	209,217

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 33

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(28,440)	$	1,423,100
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(1,442,632)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		89		-
(Decrease) Increase in accounts    payable affiliates		9,777		(1,099,287)
Net cash provided by (used in)  operating activities		(18,574)		(1,118,819)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		1,442,632
Net cash provided by investing activities		-		1,442,632
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(18,574)		323,813
Cash and cash equivalents, beginning		561,941		236,612
Cash and cash equivalents, ending	$	543,367	$	560,425

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 34

				2020		2019
Cash flows from operating activities:
Net income (loss)		$		(41,173)	$	216,071
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships				-		(257,500)
Changes in assets and liabilities
Increase in other assets				-		-
(Decrease) Increase in accounts    payable and accrued expenses				122		-
(Decrease) Increase in accounts    payable affiliates				13,454		23,861
Net cash provided by (used in)  operating activities				(27,597)		(17,568)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships				-		257,500
Net cash provided by investing activities				-		257,500
				-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS				(27,597)		239,932
Cash and cash equivalents, beginning				148,344		178,285
Cash and cash equivalents, ending		$		120,747	$	418,217
Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.		$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 35

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	132,796
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(141,000)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(8,204)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		141,000
Net cash provided by investing activities		-		141,000
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		132,796
Cash and cash equivalents, beginning		-		4,395,774
Cash and cash equivalents, ending	$	-	$	4,528,570

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 36

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	465,273
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(476,325)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		(4,900)
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(15,952)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		476,325
Net cash provided by investing activities		-		476,325
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		460,373
Cash and cash equivalents, beginning		-		2,541,359
Cash and cash equivalents, ending	$	-	$	3,001,732

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 37

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 38

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	1,442,036
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(1,463,974)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(21,938)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		1,463,974
Net cash provided by investing activities		-		1,463,974
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		1,442,036
Cash and cash equivalents, beginning		-		1,499,106
Cash and cash equivalents, ending	$	-	$	2,941,142

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 39

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	-
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		-
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		-
Cash and cash equivalents, beginning		-		-
Cash and cash equivalents, ending	$	-	$	-

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 40

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	2,500,441
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(2,554,005)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		-		(4,144)
(Decrease) Increase in accounts    payable affiliates		-		(1,148,217)
Net cash provided by (used in)  operating activities		-		(1,205,925)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		2,553,903
Net cash provided by investing activities		-		2,553,903
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		1,347,978
Cash and cash equivalents, beginning		-		193,344
Cash and cash equivalents, ending	$	-	$	1,541,322

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 41

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(34,276)	$	(33,697)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		(46,500)		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		2,599		-
(Decrease) Increase in accounts    payable affiliates		56,378		68,154
Net cash provided by (used in)  operating activities		(21,799)		34,457
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		46,500		-
Net cash provided by investing activities		46,500		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		24,701		34,457
Cash and cash equivalents, beginning		352,239		246,214
Cash and cash equivalents, ending	$	376,940	$	280,671

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 42

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(71,098)	$	(58,859)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		88		-
(Decrease) Increase in accounts    payable affiliates		19,260		-
Net cash provided by (used in)  operating activities		(51,750)		(58,859)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		-
Net cash provided by investing activities		-		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(51,750)		(58,859)
Cash and cash equivalents, beginning		1,607,893		1,300,483
Cash and cash equivalents, ending	$	1,556,143	$	1,241,624

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 43

			2020		2019
Cash flows from operating activities:
Net income (loss)		$	42,468	$	1,186,830
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships			(106,800)		(1,255,582)
Changes in assets and liabilities
Increase in other assets			(13,650)		-
(Decrease) Increase in accounts    payable and accrued expenses			15,996		-
(Decrease) Increase in accounts    payable affiliates			19,371		(168,259)
Net cash provided by (used in)  operating activities			(42,615)		(237,011)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships			106,800		1,255,582
Net cash provided by investing activities			106,800		1,255,582
			-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS			64,185		1,018,571
Cash and cash equivalents, beginning			1,416,291		414,540
Cash and cash equivalents, ending		$	1,480,476	$	1,433,111
Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 44

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(70,650)	$	2,763,147
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(2,856,723)
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		(3,907)		-
(Decrease) Increase in accounts    payable affiliates		60,630		(132,745)
Net cash provided by (used in)  operating activities		(13,927)		(226,321)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		2,856,723
Net cash provided by investing activities		-		2,856,723
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(13,927)		2,630,402
Cash and cash equivalents, beginning		321,693		113,020
Cash and cash equivalents, ending	$	307,766	$	2,743,422

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 45

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	132,157	$	(117,120)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		(199,692)		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		(6,360)		-
(Decrease) Increase in accounts    payable affiliates		(429,873)		3,288
Net cash provided by (used in)  operating activities		(503,768)		(113,832)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		199,692		-
Net cash provided by investing activities		199,692		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(304,076)		(113,832)
Cash and cash equivalents, beginning		859,371		916,581
Cash and cash equivalents, ending	$	555,295	$	802,749

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Six Months Ended September 30,
(Unaudited)

Series 46

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(3,867)	$	(74,867)
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		(68,500)		-
Changes in assets and liabilities
Increase in other assets		-		-
(Decrease) Increase in accounts    payable and accrued expenses		104		-
(Decrease) Increase in accounts    payable affiliates		94,822		104,598
Net cash provided by (used in)  operating activities		22,559		29,731
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		68,500		-
Net cash provided by investing activities		68,500		-
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		91,059		29,731
Cash and cash equivalents, beginning		427,684		321,175
Cash and cash equivalents, ending	$	518,743	$	350,906

Supplemental schedule of noncash investing and financing activities:
	The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$	-	$	-

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS
September 30, 2020
(Unaudited)

NOTE A - ORGANIZATION

Boston Capital Tax Credit Fund IV L.P. (the "Fund") was organized under the laws of the State of Delaware as of October 5, 1993, for the purpose of acquiring, holding, and disposing of limited partnership interests in operating partnerships which will acquire, develop, rehabilitate, operate and own newly constructed, existing or rehabilitated low-income apartment complexes ("Operating Partnerships"). Effective as of June 1, 2001 there was a restructuring and, as a result, the Fund's general partner was reorganized as follows. The general partner of the Fund continues to be Boston Capital Associates IV L.P., a Delaware limited partnership. The general partner of the general partner of the Fund is BCA Associates Limited Partnership, a Massachusetts limited partnership, whose sole general partner is C&M Management, Inc., a Massachusetts corporation and whose limited partners are Herbert F. Collins and John P. Manning. Mr. Manning is the principal of Boston Capital Partners, Inc. The limited partner of the general partner of the Fund is Capital Investment Holdings, a general partnership whose partners are various officers and employees of Boston Capital Partners, Inc. and its affiliates. The assignor limited partner is BCTC IV Assignor Corp., a Delaware corporation which is now wholly-owned by John P. Manning.

Pursuant to the Securities Act of 1933, the Fund filed a Form S-11 Registration Statement with the Securities and Exchange Commission, effective December 16, 1993, which covered the offering (the "Public Offering") of the Fund's beneficial assignee certificates ("BACs") representing assignments of units of the beneficial interest of the limited partnership interest of the assignor limited partner. The Fund registered 30,000,000 BACs at $10 per BAC for sale to the public in one or more series. On April 18, 1996, an amendment to Form S-11 which registered an additional 10,000,000 BACs for sale to the public in one or more series became effective. On April 2, 1998, an amendment to Form S-11, which registered an additional 25,000,000 BACs for sale to the public in one or more series, became effective. On August 31, 1999, an amendment to Form S-11, which registered an additional 8,000,000 BACs for sale to the public in one or more series, became effective. On July 26, 2000, an amendment to Form S-11, which registered an additional 7,500,000 BACs for sale to the public in one or more series, became effective. On July 24, 2001, an amendment to Form S-11, which registered an additional 7,000,000 BACs for sale to the public in one or more series, became effective. On July 24, 2002, an amendment to Form S-11, which registered an additional 7,000,000 BACs for sale to the public, became effective. On July 1, 2003, an amendment to Form S-11, which registered an additional 7,000,000 BACs for sale to the public, became effective.

Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing:

Series	Closing Date	BACs Sold	Equity Raised
Series 20	June 24, 1994	3,866,700	$38,667,000
Series 21	December 31, 1994	1,892,700	$18,927,000
Series 22	December 28, 1994	2,564,400	$25,644,000
Series 23	June 23, 1995	3,336,727	$33,366,000
Series 24	September 22, 1995	2,169,878	$21,697,000
Series 25	December 29, 1995	3,026,109	$30,248,000
Series 26	June 25, 1996	3,995,900	$39,959,000
Series 27	September 17, 1996	2,460,700	$24,607,000
Series 28	January 29, 1997	4,000,738	$39,999,000

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE A - ORGANIZATION (continued)

Series	Closing Date	BACs Sold	Equity Raised
Series 29	June 10, 1997	3,991,800	$39,918,000
Series 30	September 10, 1997	2,651,000	$26,490,750
Series 31	January 18, 1998	4,417,857	$44,057,750
Series 32	June 23, 1998	4,754,198	$47,431,000
Series 33	September 21, 1998	2,636,533	$26,362,000
Series 34	February 11, 1999	3,529,319	$35,273,000
Series 35	June 28, 1999	3,300,463	$33,004,630
Series 36	September 28, 1999	2,106,838	$21,068,375
Series 37	January 28, 2000	2,512,500	$25,125,000
Series 38	July 31, 2000	2,543,100	$25,431,000
Series 39	January 31, 2001	2,292,151	$22,921,000
Series 40	July 31, 2001	2,630,256	$26,269,256
Series 41	January 31, 2002	2,891,626	$28,916,260
Series 42	July 31, 2002	2,744,262	$27,442,620
Series 43	December 31, 2002	3,637,987	$36,379,870
Series 44	April 30, 2003	2,701,973	$27,019,730
Series 45	September 16, 2003	4,014,367	$40,143,670
Series 46	December 19, 2003	2,980,998	$29,809,980

The Fund concluded its public offering of BACs in the Fund on December 19, 2003.

NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES

The condensed financial statements herein as of September 30, 2020 and for the three and six months then ended have been prepared by the Fund, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. The Fund accounts for its investments in Operating Partnerships using the equity method, whereby the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. Costs incurred by the Fund in acquiring the investments in the Operating Partnerships are capitalized to the investment account.

The Fund's accounting and financial reporting policies are in conformity with generally accepted accounting principles and include adjustments in interim periods considered necessary for a fair presentation of the results of operations. Such adjustments are of a normal recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to these rules and regulations. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Fund's Annual Report on Form 10-K for the fiscal year ended March 31, 2020.

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE C - RELATED PARTY TRANSACTIONS

The Fund has entered into several transactions with various affiliates of the general partner of the Fund, including Boston Capital Holdings Limited Partnership, Boston Capital Securities, Inc., and Boston Capital Asset Management Limited Partnership as follows:

An annual fund management fee of .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the various series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the quarters ended September 30, 2020 and 2019, are as follows:

	2020	2019
Series 20	$     -	$     -
Series 21	-	-
Series 22	-	-
Series 23	-	-
Series 24	-	10,299
Series 25	-	-
Series 26	4,282	13,938
Series 27	-	7,635
Series 28	-	7,296
Series 29	6,651	7,260
Series 30	-	-
Series 31	-	-
Series 32	15,132	19,794
Series 33	9,777	13,316
Series 34	6,727	11,496
Series 35	-	9,847
Series 36	-	2,739
Series 37	-	-
Series 38	-	2,742
Series 39	-	-
Series 40	-	19,612
Series 41	27,857	34,077
Series 42	19,260	23,790
Series 43	19,371	24,400
Series 44	30,315	48,187
Series 45	38,900	59,644
Series 46	46,333	52,299
	$224,605	$368,371

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE C - RELATED PARTY TRANSACTIONS (continued)

The fund management fees paid for the six months ended September 30, 2020 and 2019 are as follows:

	2020	2019
Series 24	$      -	$   20,598
Series 26	4,282	27,876
Series 27	-	15,270
Series 28	-	14,592
Series 31	-	4,308
Series 32	-	51,208
Series 33	9,777	1,125,921
Series 35	-	20,500
Series 36	-	7,911
Series 38	-	19,323
Series 40	-	1,188,699
Series 42	19,259	47,580
Series 43	21,348	223,770
Series 45	507,673	116,000
	$562,339	$2,883,556

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS

At September 30, 2020 and 2019, the Fund has limited partnership interests in 55 and 112 Operating Partnerships, respectively, which own or are constructing apartment complexes.

The breakdown of Operating Partnerships within the Fund at September 30, 2020 and 2019 are as follows:

	2020	2019
Series 20	-	-
Series 21	-	-
Series 22	-	-
Series 23	-	-
Series 24	-	4
Series 25	-	-
Series 26	3	8
Series 27	-	2
Series 28	-	3
Series 29	4	5
Series 30	-	-
Series 31	-	-
Series 32	3	5
Series 33	2	2
Series 34	2	3
Series 35	-	1
Series 36	-	1
Series 37	-	-
Series 38	-	1
Series 39	-	-
Series 40	-	5
Series 41	7	11
Series 42	6	9
Series 43	3	11
Series 44	3	5
Series 45	11	22
Series 46	11	14
	55	112

Under the terms of the Fund's investment in each Operating Partnership, the Fund is required to make capital contributions to the Operating Partnerships. These contributions are payable in installments over several years upon each Operating Partnership achieving specified levels of construction and/or operations. The contributions payable at September 30, 2020 and 2019, are as follows:

	2020	2019
Series 29	$    785	$   785
Series 32	-	1,229
Series 42	254	254
Series 45	-	16,724
	$  1,039	$18,992

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

During the six months ended September 30, 2020 the Fund disposed of thirteen Operating Partnerships. A summary of the dispositions by Series for September 30, 2020 is as follows:

	Operating Partnership Interest Transferred	Sale of Underlying Operating Partnership	Fund Proceeds from Disposition		Gain on Disposition
Series 29	1	-	$	9,500	$	9,500
Series 41	1	-		46,500		46,500
Series 43	8	-		106,800		106,800
Series 45	1	1		199,692		199,692
Series 46	1	-		68,500		68,500
Total	12	1	$	430,992	$	430,992

During the six months ended September 30, 2019 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by Series for September 30, 2019 is as follows:

	Operating Partnership Interest Transferred	Sale of Underlying Operating Partnership	Fund Proceeds from Disposition *		Gain on Disposition
Series 27	-	1	$	776,922	$	776,922
Series 28	1	-		7,100		7,100
Series 31	-	1		618,900		618,900
Series 33	-	1		1,442,632		1,442,632
Series 34	1	-		257,500		257,500
Series 35	1	-		141,000		141,000
Series 36	-	1		476,325		476,325
Series 38	1	1		1,463,974		1,463,974
Series 40	1	1		2,553,903		2,554,005
Series 43	1	1		1,255,582		1,255,582
Series 44	-	2		2,856,723		2,856,723
Total	6	9	$	11,850,561	$	11,850,663

* Fund proceeds from disposition does not include $102, which was due to a writeoff of capital contribution payable as of September 30, 2019, for Series 40.

The gain described above is for financial statement purposes only. There are significant differences between the equity method of accounting and the tax reporting of income and losses from Operating Partnership investments. The largest difference is the ability, for tax purposes, to deduct losses in excess of the Fund's investment in the Operating Partnership. As a result, the amount of gain recognized for tax purposes may be significantly higher than the gain recorded in the financial statements.

Boston Capital Tax Credit Fund IV L.P.
NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

The Fund's fiscal year ends March 31st for each year, while all the Operating Partnerships' fiscal years are the calendar year. Pursuant to the provisions of each Operating Partnership Agreement, financial results for each of the Operating Partnerships are provided to the Fund within 45 days after the close of each Operating Partnership's quarterly period. Accordingly, the current financial results available for the Operating Partnerships are for the six months ended June 30, 2020.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

		2020	2019
Revenues
	Rental	$  10,846,001	$  17,098,171
	Interest and other	247,297	414,231
		11,093,298	17,512,402
Expenses
	Interest	1,972,450	2,779,787
	Depreciation and amortization	2,456,942	4,213,607
	Operating expenses	7,446,917	12,566,968
		11,876,309	19,560,362
NET INCOME (LOSS)		$   (783,011)	$ (2,047,960)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (775,180)	$ (2,027,484)
Net income (loss) allocated to other Partners		$     (7,831)	$    (20,476)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 20

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 21

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 22

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 23

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 24

		2020	2019
Revenues
	Rental	$         -	$   422,317
	Interest and other	-	19,531
		-	441,848
Expenses
	Interest	-	36,469
	Depreciation and amortization	-	118,903
	Operating expenses	-	354,705
		-	510,077
NET INCOME (LOSS)		$         -	$  (68,229)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (67,547)
Net income (loss) allocated to other Partners		$         -	$     (682)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 25

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 26

		2020	2019
Revenues
	Rental	$   217,139	$   605,212
	Interest and other	2,449	9,506
		219,588	614,718
Expenses
	Interest	27,332	106,883
	Depreciation and amortization	55,156	157,288
	Operating expenses	222,991	569,196
		305,479	833,367
NET INCOME (LOSS)		$  (85,891)	$ (218,649)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (85,032)	$ (216,463)
Net income (loss) allocated to other Partners		$     (859)	$   (2,186)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 27

		2020	2019
Revenues
	Rental	$         -	$   211,201
	Interest and other	-	125
		-	211,326
Expenses
	Interest	-	6,529
	Depreciation and amortization	-	67,956
	Operating expenses	-	210,794
		-	285,279
NET INCOME (LOSS)		$         -	$  (73,953)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (73,213)
Net income (loss) allocated to other Partners		$         -	$     (740)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 28

		2020	2019
Revenues
	Rental	$          -	$    263,303
	Interest and other	-	8,837
		-	272,140
Expenses
	Interest	-	64,522
	Depreciation and amortization	-	69,046
	Operating expenses	-	209,346
		-	342,914
NET INCOME (LOSS)		$          -	$   (70,774)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$          -	$   (70,068)
Net income (loss) allocated to other Partners		$          -	$      (706)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 29

		2020	2019
Revenues
	Rental	$    417,945	$    464,228
	Interest and other	12,890	43,983
		430,835	508,211
Expenses
	Interest	67,252	79,653
	Depreciation and amortization	74,363	92,325
	Operating expenses	369,978	421,661
		511,593	593,639
NET INCOME (LOSS)		$   (80,758)	$   (85,428)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (79,950)	$   (84,574)
Net income (loss) allocated to other Partners		$      (808)	$      (854)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 30

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 31

		2020	2019
Revenues
	Rental	$          -	$          -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$          -	$          -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$          -	$          -
Net income (loss) allocated to other Partners		$          -	$          -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 32

		2020	2019
Revenues
	Rental	$    585,243	$    761,862
	Interest and other	9,746	13,701
		594,989	775,563
Expenses
	Interest	88,374	125,371
	Depreciation and amortization	174,189	219,045
	Operating expenses	501,400	613,804
		763,963	958,220
NET INCOME (LOSS)		$  (168,974)	$  (182,657)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (167,284)	$  (180,830)
Net income (loss) allocated to other Partners		$    (1,690)	$    (1,827)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 33

		2020	2019
Revenues
	Rental	$   448,911	$   416,301
	Interest and other	15,830	13,138
		464,741	429,439
Expenses
	Interest	74,656	79,953
	Depreciation and amortization	96,068	100,726
	Operating expenses	345,562	307,186
		516,286	487,865
NET INCOME (LOSS)		$  (51,545)	$  (58,426)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (51,030)	$  (57,842)
Net income (loss) allocated to other Partners		$     (515)	$     (584)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 34

		2020	2019
Revenues
	Rental	$   326,724	$   408,120
	Interest and other	11,341	15,105
		338,065	423,225
Expenses
	Interest	49,965	54,704
	Depreciation and amortization	76,498	106,772
	Operating expenses	280,893	362,170
		407,356	523,646
NET INCOME (LOSS)		$  (69,291)	$ (100,421)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (68,598)	$  (99,417)
Net income (loss) allocated to other Partners		$     (693)	$   (1,004)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 35

		2020	2019
Revenues
	Rental	$         -	$   404,488
	Interest and other	-	2,157
		-	406,645
Expenses
	Interest	-	58,450
	Depreciation and amortization	-	131,653
	Operating expenses	-	218,081
		-	408,184
NET INCOME (LOSS)		$         -	$   (1,539)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$   (1,524)
Net income (loss) allocated to other Partners		$         -	$      (15)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 36

		2020	2019
Revenues
	Rental	$         -	$    88,773
	Interest and other	-	810
		-	89,583
Expenses
	Interest	-	21,196
	Depreciation and amortization	-	27,363
	Operating expenses	-	85,948
		-	134,507
NET INCOME (LOSS)		$         -	$  (44,924)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (44,475)
Net income (loss) allocated to other Partners		$         -	$     (449)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 37

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 38

		2020	2019
Revenues
	Rental	$         -	$   115,212
	Interest and other	-	887
		-	116,099
Expenses
	Interest	-	13,168
	Depreciation and amortization	-	27,635
	Operating expenses	-	99,031
		-	139,834
NET INCOME (LOSS)		$         -	$  (23,735)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (23,498)
Net income (loss) allocated to other Partners		$         -	$     (237)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 39

		2020	2019
Revenues
	Rental	$         -	$         -
	Interest and other	-	-
		-	-
Expenses
	Interest	-	-
	Depreciation and amortization	-	-
	Operating expenses	-	-
		-	-
NET INCOME (LOSS)		$         -	$         -
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$         -
Net income (loss) allocated to other Partners		$         -	$         -

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 40

		2020	2019
Revenues
	Rental	$         -	$   486,308
	Interest and other	-	9,251
		-	495,559
Expenses
	Interest	-	80,247
	Depreciation and amortization	-	122,649
	Operating expenses	-	362,884
		-	565,780
NET INCOME (LOSS)		$         -	$  (70,221)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (69,519)
Net income (loss) allocated to other Partners		$         -	$     (702)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 41

		2020	2019
Revenues
	Rental	$ 1,524,961	$ 1,780,047
	Interest and other	38,570	31,950
		1,563,531	1,811,997
Expenses
	Interest	275,662	283,344
	Depreciation and amortization	280,652	368,462
	Operating expenses	1,014,090	1,294,393
		1,570,404	1,946,199
NET INCOME (LOSS)		$   (6,873)	$ (134,202)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (6,804)	$ (132,860)
Net income (loss) allocated to other Partners		$      (69)	$   (1,342)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 42

		2020	2019
Revenues
	Rental	$   964,900	$ 1,131,169
	Interest and other	44,353	42,952
		1,009,253	1,174,121
Expenses
	Interest	187,840	217,395
	Depreciation and amortization	244,575	323,583
	Operating expenses	781,356	851,969
		1,213,771	1,392,947
NET INCOME (LOSS)		$ (204,518)	$ (218,826)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$ (202,473)	$ (216,638)
Net income (loss) allocated to other Partners		$   (2,045)	$   (2,188)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 43

		2020	2019
Revenues
	Rental	$   430,480	$ 1,312,145
	Interest and other	13,457	36,262
		443,937	1,348,407
Expenses
	Interest	31,491	113,547
	Depreciation and amortization	170,133	372,693
	Operating expenses	396,077	1,068,124
		597,701	1,554,364
NET INCOME (LOSS)		$ (153,764)	$ (205,957)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$ (152,226)	$ (203,897)
Net income (loss) allocated to other Partners		$   (1,538)	$   (2,060)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 44

		2020	2019
Revenues
	Rental	$  1,817,906	$  2,449,364
	Interest and other	20,511	51,200
		1,838,417	2,500,564
Expenses
	Interest	435,314	553,571
	Depreciation and amortization	339,618	513,484
	Operating expenses	786,743	1,447,637
		1,561,675	2,514,692
NET INCOME (LOSS)		$    276,742	$   (14,128)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$    273,975	$   (13,987)
Net income (loss) allocated to other Partners		$      2,767	$      (141)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 45

		2020	2019
Revenues
	Rental	$  1,786,650	$  3,290,532
	Interest and other	24,785	76,870
		1,811,435	3,367,402
Expenses
	Interest	270,649	404,349
	Depreciation and amortization	447,266	826,542
	Operating expenses	1,302,011	2,560,676
		2,019,926	3,791,567
NET INCOME (LOSS)		$  (208,491)	$  (424,165)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (206,406)	$  (419,923)
Net income (loss) allocated to other Partners		$    (2,085)	$    (4,242)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Six Months Ended June 30,
(Unaudited)

Series 46

		2020	2019
Revenues
	Rental	$ 2,325,142	$ 2,487,589
	Interest and other	53,365	37,966
		2,378,507	2,525,555
Expenses
	Interest	463,915	480,436
	Depreciation and amortization	498,424	567,482
	Operating expenses	1,445,816	1,529,363
		2,408,155	2,577,281
NET INCOME (LOSS)		$  (29,648)	$  (51,726)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (29,352)	$  (51,209)
Net income (loss) allocated to other Partners		$     (296)	$     (517)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership's results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

Boston Capital Tax Credit Fund IV L.P.

NOTES TO CONDENSED FINANCIAL STATEMENTS - CONTINUED
September 30, 2020

(Unaudited)

NOTE E - TAXABLE LOSS

The Fund's taxable loss is expected to differ from its loss for financial reporting purposes. This is primarily due to accounting differences in depreciation incurred by the Operating Partnerships and also differences between the equity method of accounting and the IRS accounting methods.

NOTE F - INCOME TAXES

The Fund has elected to be treated as a pass-through entity for income tax purposes and, as such, is not subject to income taxes. Rather, all items of taxable income, deductions and tax credits are passed through to and are reported by its owners on their respective income tax returns. The Fund's federal tax status as a pass-through entity is based on its legal status as a partnership. Accordingly, the Fund is not required to take any tax positions in order to qualify as a pass-through entity. The Fund is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Fund has no other tax positions, which must be considered for disclosure. Income tax returns filed by the Fund are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2016 remain open.

NOTE G - CONTINGENCY

The spread of a novel strain of coronavirus (COVID-19) has caused significant business disruptions in the United States beginning February 2020.  The economic impact of the business disruptions caused by COVID-19 is uncertain. The extent of any effects these disruptions may have on the operations and financial performance of the Partnership will depend on future developments, including possible impacts on the operations of the underlying real estate of its investments, which cannot be determined.

NOTE H - SUBSEQUENT EVENTS

Subsequent to September 30, 2020, the Fund has entered into an agreement to transfer the interest in four operating limited partnerships. The estimated transfer price and other terms for the dispositions of the operating limited partnerships have been determined. The estimated proceeds to be received for the operating limited partnerships are $207,500. The estimated gain on the transfer of the operating limited partnerships are $173,700 and are expected to be recognized in the third quarter of fiscal year ending March 31, 2021.

Item 2. Management's Discussions and Analysis of Financial Condition and
Results of Operations

This Management's Discussion and Analysis of Financial Condition and Results of Operations contains forward-looking statements including our intentions, hopes, beliefs, expectations, strategies and predictions of our future activities, or other future events or conditions. These statements are "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbors created by these acts. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including, for example, the factors identified in Part I, Item 1A. "Risk Factors" of our Annual Report on Form 10-K for the fiscal year ended March 31, 2020. Although we believe that the assumptions underlying these forward-looking statements are reasonable, any of the assumptions could be inaccurate, and there can be no assurance that the forward-looking statements included in this Report will prove to be accurate. In light of the significant uncertainties inherent in these forward-looking statements, the inclusion of this information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved.

On September 11, 2020, Boston Capital Corporation ("BCC"), Boston Capital Companion Limited Partnership ("Companion"), an affiliate of BCC, and certain other affiliates of BCC entered into a definitive agreement with Boston Financial Investment Management, L.P. ("BFIM") and BFBC Holdings GP, LLC, an affiliate of BFIM (together with BFIM, the "BFIM Parties") pursuant to which the BFIM Parties have agreed to acquire 100% of the partnership interests in Companion. Under the terms of the agreement, the BFIM Parties will, through the acquisition of Companion, acquire, among other things, 100% of the partnership interests in Boston Capital Associates IV Limited Partnership, the general partner of the Fund, and 100% of the issued and outstanding common stock of BCTC IV Assignor Corp., the assignor limited partner of the Fund. Subject to receipt of regulatory approvals and satisfaction of other customary closing conditions, the transaction is expected to close in the fourth quarter of 2020.

Liquidity

The Fund's primary source of funds was the proceeds of its Public Offering.  Other sources of liquidity include (i) interest earned on capital contributions unpaid for the six months ended September 30, 2020 or on working capital reserves, (ii) cash distributions from operations of the Operating Partnerships in which the Fund has invested and (iii) proceeds received from the dispositions of the Operating Partnership that are returned to fund reserves.  These sources of liquidity, along with the Fund's working capital reserve, are available to meet the obligations of the Partnership.  The Fund does not anticipate significant cash distributions from operations of the Operating Partnerships.

The Fund is currently accruing the fund management fee.  Fund management fees accrued during the quarter ended September 30, 2020 were $224,605 and total fund management fees accrued as of September 30, 2020 were $12,999,648. During the six months ended September 30, 2020, $562,339 of the accrued fund management fees were paid. Pursuant to the Partnership Agreement, these liabilities will be deferred until the Fund receives proceeds from sales of the Operating Partnerships that will be used to satisfy these liabilities. The Fund's working capital and sources of liquidity coupled with affiliated party liability accruals allow sufficient levels of liquidity to meet the third party obligations of the Fund.  The Fund is currently unaware of any trends that would create insufficient liquidity to meet future third party obligations of the Fund.

Capital Resources

The Fund offered BACs in the Public Offering declared effective by the Securities and Exchange Commission on December 16, 1993. The Fund received $38,667,000, $18,927,000, $25,644,000, $33,366,000, $21,697,000, $30,248,000, $39,959,000, $24,607,000, $39,999,000, $39,918,000, $26,490,750, $44,057,750, $47,431,000, $26,362,000, $35,273,000, $33,004,630, $21,068,375, $25,125,000, $25,431,000, $22,921,000, $26,629,250, $28,916,260, $27,442,620, $27,442,620, $36,379,870, $27,019,730, $40,143,670 and $29,809,980 representing 3,866,700, 1,892,700, 2,564,400, 3,336,727, 2,169,878, 3,026,109, 3,995,900, 2,460,700, 4,000,738, 3,991,800, 2,651,000, 4,417,857, 4,754,198, 2,636,533, 3,529,319, 3,300,463, 2,106,837, 2,512,500, 2,543,100, 2,292,152, 2,630,256, 2,891,626, 2,744,262, 3,637,987, 2,701,973, 4,014,367 and 2,980,998 BACs from investors admitted as BAC Holders in Series 20, Series 21, Series 22, Series 23, Series 24, Series 25, Series 26, Series 27, Series 28, Series 29, Series 30, Series 31, Series 32, Series 33, Series 34, Series 35, Series 36, Series 37, Series 38, Series 39, Series 40, Series 41, Series 42, Series 43, Series 44, Series 45 and Series 46, respectively, as of September 30, 2020.

Series 20

The Fund commenced offering BACs in Series 20 on January 21, 1994. Offers and sales of BACs in Series 20 were completed on June 24, 1994. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 24 Operating Partnerships in the amount of $27,693,970. Series 20 has since sold its interest in all 24 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 20 had released all payments of its capital contributions to the Operating Partnerships.

Series 21

The Fund commenced offering BACs in Series 21 on July 5, 1994. Offers and sales of BACs in Series 21 were completed on September 30, 1994. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 14 Operating Partnerships in the amount of $13,872,728. Series 21 has since sold its interest in all 14 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 21 had released all payments of its capital contributions to the Operating Partnerships.

Series 22

The Fund commenced offering BACs in Series 22 on October 12, 1994. Offers and sales of BACs in Series 22 were completed on December 28, 1994. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 29 Operating Partnerships in the amount of $18,758,748. Series 22 has since sold its interest in all 29 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 22 had released all payments of its capital contributions to the Operating Partnerships.

Series 23

The Fund commenced offering BACs in Series 23 on January 10, 1995. Offers and sales of BACs in Series 23 were completed on June 23, 1995. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 22 Operating Partnerships in the amount of $24,352,278. Series 23 has since sold its interest in all 22 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 23 had released all payments of its capital contributions to the Operating Partnerships.

Series 24

The Fund commenced offering BACs in Series 24 on June 9, 1995. Offers and sales of BACs in Series 24 were completed on September 22, 1995. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 24 Operating Partnerships in the amount of $15,796,309. Series 24 has since sold its interest in all 24 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 24 had released all payments of its capital contributions to the Operating Partnerships.

Series 25

The Fund commenced offering BACs in Series 25 on September 30, 1995. Offers and sales of BACs in Series 25 were completed on December 29, 1995. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 22 Operating Partnerships in the amount of $22,324,539. Series 25 has since sold its interest in all 22 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 25 had released all payments of its capital contributions to the Operating Partnerships.

Series 26

The Fund commenced offering BACs in Series 26 on January 18, 1996. Offers and sales of BACs in Series 26 were completed on June 14, 1996. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 45 Operating Partnerships in the amount of $29,401,215. Series 26 has since sold its interest in 42 of the Operating Partnerships and 3 remain.

Prior to the quarter ended September 30, 2020, Series 26 had released all payments of its capital contributions to the Operating Partnerships.

Series 27

The Fund commenced offering BACs in Series 27 on June 17, 1996. Offers and sales of BACs in Series 27 were completed on September 27, 1996. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 16 Operating Partnerships in the amount of $17,881,574. Series 27 has since sold its interest in all 16 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 27 had released all payments of its capital contributions to the Operating Partnerships.

Series 28

The Fund commenced offering BACs in Series 28 on September 30, 1996. Offers and sales of BACs in Series 28 were completed on January 31, 1997. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 26 Operating Partnership in the amount of $29,281,983. Series 28 has since sold its interest in all 26 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 28 had released all payments of its capital contributions to the Operating Partnerships.

Series 29

The Fund commenced offering BACs in Series 29 on February 10, 1997. Offers and sales of BACs in Series 29 were completed on June 20, 1997. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 22 Operating Partnerships in the amount of $29,137,877. Series 29 has since sold its interest in 18 of the Operating Partnerships and 4 remain.

During the quarter ended September 30, 2020, Series 29 did not record any releases of capital contributions. Series 29 has outstanding contributions payable to 1 Operating Partnership in the amount of $785 as of September 30, 2020. The remaining contributions will be released when the Operating Partnership has achieved the conditions set forth in its partnership agreement.

Series 30

The Fund commenced offering BACs in Series 30 on June 23, 1997. Offers and sales of BACs in Series 30 were completed on September 10, 1997. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 20 Operating Partnerships in the amount of $19,497,869. Series 30 has since sold its interest in all 20 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 30 had released all payments of its capital contributions to the Operating Partnerships.

Series 31

The Fund commenced offering BACs in Series 31 on September 11, 1997. Offers and sales of BACs in Series 31 were completed on January 18, 1998. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 27 Operating Partnerships in the amount of $32,569,100. Series 31 has since sold its interest in all 27 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 31 had released all payments of its capital contributions to the Operating Partnerships.

Series 32

The Fund commenced offering BACs in Series 32 on January 19, 1998. Offers and sales of BACs in Series 32 were completed on June 23, 1998. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 17 Operating Partnerships in the amount of $34,129,677. Series 32 has since sold its interest in 14 of the Operating Partnerships and 3 remain. The series has also purchased membership interests in Bradley Phase I of Massachusetts LLC, Bradley Phase II of Massachusetts LLC, Byam Village of Massachusetts LLC, Hanover Towers of Massachusetts LLC, Harbor Towers of Massachusetts LLC and Maple Hill of Massachusetts LLC. In December 2010, the investment general partner sold its membership interests and a gain on the sale of the membership interests has been recorded in the amount of $499,998 as of December 31, 2010. Under the terms of these Assignments of Membership Interests dated December 1, 1998, the series is entitled to various profits, losses, tax credits, cash flow, proceeds from capital transactions and capital accounts as defined in the individual Operating Partnership Agreements. The series utilized $1,092,847 of funds available to invest in Operating Partnerships for this investment.

Prior to the quarter ended September 30, 2020, Series 32 had released all payments of its capital contributions to the Operating Partnerships.

Series 33

The Fund commenced offering BACs in Series 33 on June 22, 1998. Offers and sales of BACs in Series 33 were completed on September 21, 1998. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 10 Operating Partnerships in the amount of $19,594,100. Series 33 has since sold its interest in 8 of the Operating Partnerships and 2 remain.

Prior to the quarter ended September 30, 2020, Series 33 had released all payments of its capital contributions to the Operating Partnerships.

Series 34

The Fund commenced offering BACs in Series 34 on September 22, 1998. Offers and sales of BACs in Series 34 were completed on February 11, 1999. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 14 Operating Partnerships in the amount of $25,738,978. Series 34 has since sold its interest in 12 of the Operating Partnerships and 2 remain.

Prior to the quarter ended September 30, 2020, Series 34 had released all payments of its capital contributions to the Operating Partnerships.

Series 35

The Fund commenced offering BACs in Series 35 on February 22, 1999. Offers and sales of BACs in Series 35 were completed on June 28, 1999. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 11 Operating Partnerships in the amount of $24,002,391. Series 35 has since sold its interest in all 11 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 35 had released all payments of its capital contributions to the Operating Partnerships.

Series 36

The Fund commenced offering BACs in Series 36 on June 22, 1999. Offers and sales of BACs in Series 36 were completed on September 28, 1999. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 11 Operating Partnerships in the amount of $15,277,041. Series 36 has since sold its interest in all 11 of the Operating Partnerships.

Prior to the quarter ended September 30, 2020, Series 36 had released all payments of its capital contributions to the Operating Partnerships.

Series 37

The Fund commenced offering BACs in Series 37 on October 29, 1999. Offers and sales of BACs in Series 37 were completed on January 28, 2000. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 7 Operating Partnerships in the amount of $18,735,142. Series 37 has since sold its interest in all 7 of the Operating Partnerships.

Prior to the quarter Ended September 30, 2020, Series 37 had released all payments of its capital contributions to the Operating Partnerships.

Series 38

The Fund commenced offering BACs in Series 38 on February 1, 2000. Offers and sales of BACs in Series 38 were completed on July 31, 2000. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 10 Operating Partnerships in the amount of $18,612,287. Series 38 has since sold its interest in all 10 of the Operating Partnerships. In addition, the Fund committed and used $420,296 of Series 38 net offering proceeds to acquire a membership interest in a limited liability company, which is the general partner of other operating limited partnerships, which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 38 had released all payments of its capital contributions to the Operating Partnerships.

Series 39

The Fund commenced offering BACs in Series 39 on August 1, 2000. Offers and sales of BACs in Series 39 were completed on January 31, 2001. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 9 Operating Partnerships in the amount of $17,115,492. Series 39 has since sold its interest in all 9 of the Operating Partnerships. In addition, the Fund committed and used $192,987 of Series 39 net offering proceeds to acquire a membership interest in a limited liability company, which is the general partner of other operating limited partnerships, which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 39 had released all payments of its capital contributions to the Operating Partnerships.

Series 40

The Fund commenced offering BACs in Series 40 on February 1, 2001. Offers and sales of BACs in Series 40 were completed on July 31, 2001. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 16 Operating Partnerships in the amount of $19,030,772. Series 40 has since sold its interest in all 16 of the Operating Partnerships. In addition, the Fund committed and used $578,755 of Series 40 net offering proceeds to acquire a membership interest in limited liability companies, which are the general partner of other operating limited partnerships, which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 40 had released all payments of its capital contributions to the Operating Partnerships.

Series 41

The Fund commenced offering BACs in Series 41 on August 1, 2001. Offers and sales of BACs in Series 41 were completed on January 31, 2002. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 23 Operating Partnerships in the amount of $21,278,631. Series 41 has since sold its interest in 16 of the Operating Partnerships and 7 remain. In addition, the Fund committed and used $195,249 of Series 41 net offering proceeds to acquire a membership interest in a limited liability company, which is the general partner of other operating limited partnerships, which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 41 had released all payments of its capital contributions to the Operating Partnerships.

Series 42

The Fund commenced offering BACs in Series 42 on February 1, 2002. Offers and sales of BACs in Series 42 were completed on July 31, 2002. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 23 Operating Partnerships in the amount of $20,661,120. Series 42 has since sold its interest in 17 of the Operating Partnerships and 6 remain.

During the quarter ended September 30, 2020, Series 42 did not record any releases of capital contributions. Series 42 has outstanding contributions payable to 1 Operating Partnership in the amount of $254 as of September 30, 2020. The remaining contributions will be released when the Operating Partnership has achieved the conditions set forth in its partnership agreement.

Series 43

The Fund commenced offering BACs in Series 43 on August 1, 2002. Offers and sales of BCAs in Series 43 were completed in September 30, 2002. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 23 Operating Partnerships in the amount of $26,326,543. Series 43 has since sold its interest in 20 of the Operating Partnerships and 3 remain. The Fund also committed and used $805,160 of Series 43 net offering proceeds to acquire membership interests in limited liability companies, which are the general partner of other operating limited partnerships, which own or are constructing, rehabilitating or operating apartment complexes. In addition, the Fund committed and used $268,451 of Series 43 net offering proceeds to acquire a limited partnership equity interest in a limited liability company, which is the general partner of other operating limited partnerships which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 43 had released all payments of its capital contributions to the Operating Partnerships.

Series 44

The Fund commenced offering BACs in Series 44 on January 14, 2003. Offers and sales of BACs in Series 44 were completed in April 30, 2003. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 10 Operating Partnerships in the amount of $20,248,519. Series 44 has since sold its interest in 7 of the Operating Partnerships and 3 remain. In addition, the Fund committed and used $164,164 of Series 44 net offering proceeds to acquire a limited partnership equity interest in a limited liability company, which is the general partner of other operating limited partnerships which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 44 had released all payments of its capital contributions to the Operating Partnerships.

Series 45

The Fund commenced offering BACs in Series 45 on July 1, 2003. Offers and sales of BACs in Series 45 were completed on September 16, 2003. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 31 Operating Partnerships in the amount of $30,232,512. Series 45 has since sold its interest in 20 of the Operating Partnerships and 11 remain. In addition, the Fund committed and used $302,862 of Series 45 net offering proceeds to acquire a limited partnership equity interest in a limited liability company, which is the general partner of other operating limited partnerships which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 45 had released all payments of its capital contributions to the Operating Partnerships.

Series 46

The Fund commenced offering BACs in Series 46 on September 23, 2003. Offers and sales of BACs in Series 46 were completed on December 19, 2003. The Fund has committed proceeds to pay initial and additional installments of capital contributions to 15 Operating Partnerships in the amount of $22,495,082. Series 46 has since sold its interest in 4 of the Operating Partnerships and 11 remain. In addition, the Fund committed and used $228,691 of Series 46 net offering proceeds to acquire a limited partnership equity interest in a limited liability company, which is the general partner of other operating limited partnerships which own or are constructing, rehabilitating or operating apartment complexes.

Prior to the quarter ended September 30, 2020, Series 46 had released all payments of its capital contributions to the Operating Partnerships.

Results of Operations

As of September 30, 2020 and 2019, the Fund held limited partnership interests in 55 and 112 Operating Partnerships, respectively. In each instance the apartment complex owned by the applicable Operating Partnership is eligible for the federal housing tax credit. Initial occupancy of a unit in each apartment complex which complied with the minimum set-aside test (i.e., initial occupancy by tenants with incomes equal to no more than a certain percentage of area median income) and the rent restriction test (i.e., gross rent charged tenants does not exceed 30% of the applicable income standards) is referred to as "Qualified Occupancy." Each of the Operating Partnerships and each of the respective apartment complexes are described more fully in the Prospectus or applicable report on Form 8-K. The general partner of the Fund believes that there is adequate casualty insurance on the properties.

The Fund incurred a fund management fee to Boston Capital Asset Management Limited Partnership in an amount equal to .5 percent of the aggregate cost of the apartment complexes owned by the Operating Partnerships, less the amount of various asset management and reporting fees paid by the Operating Partnerships. The fund management fees net of reporting fees incurred and the reporting fees paid by the Operating Partnerships for the three and six months ended September 30, 2020, are as follows:

	3 Months Gross Fund Management Fee	3 Months Asset Management and Reporting Fee	3 Months Fund Management Fee Net of Asset Management and Reporting Fee
Series 20	$     -	$     -	$      -
Series 21	-	-	-
Series 22	-	-	-
Series 23	-	-	-
Series 24	-	-	-
Series 25	-	-	-
Series 26	4,282	-	4,282
Series 27	-	-	-
Series 28	-	-	-
Series 29	6,651	-	6,651
Series 30	-	-	-
Series 31	-	-	-
Series 32	15,132	6,500	8,632
Series 33	9,777	6,500	3,277
Series 34	6,727	3,000	3,727
Series 35	-	-	-
Series 36	-	-	-
Series 37	-	-	-
Series 38	-	-	-
Series 39	-	-	-
Series 40	-	-	-
Series 41	27,857	2,293	25,564
Series 42	19,260	-	19,260
Series 43	19,371	6,695	12,676
Series 44	30,315	3,274	27,041
Series 45	38,900	25,832	13,068
Series 46	46,333	5,424	40,909
	$224,605	$59,518	$165,087

	6 Months Gross Fund Management Fee	6 Months Asset Management and Reporting Fee	6 Months Fund Management Fee Net of Asset Management and Reporting Fee
Series 20	$     -	$     -	$      -
Series 21	-	-	-
Series 22	-	-	-
Series 23	-	-	-
Series 24	-	-	-
Series 25	-	-	-
Series 26	8,564	-	8,564
Series 27	-	-	-
Series 28	-	-	-
Series 29	13,505	-	13,505
Series 30	-	-	-
Series 31	-	-	-
Series 32	30,264	6,500	23,764
Series 33	19,554	6,500	13,054
Series 34	13,454	3,000	10,454
Series 35	-	-	-
Series 36	-	-	-
Series 37	-	-	-
Series 38	-	-	-
Series 39	-	-	-
Series 40	-	-	-
Series 41	56,378	4,586	51,792
Series 42	38,519	-	38,519
Series 43	40,719	10,465	30,254
Series 44	60,630	9,494	51,136
Series 45	77,800	33,228	44,572
Series 46	94,822	8,750	86,072
	$454,209	$82,523	$371,686

The Fund's investment objectives do not include receipt of significant cash distributions from the Operating Partnerships in which it has invested or intends to invest. The Fund's investments in Operating Partnerships have been and will be made principally with a view towards realization of federal housing tax credits for allocation to its partners and BAC holders.

Series 20

The series did not have any properties as of September 30, 2020 and 2019.

Series 21

The series did not have any properties as of September 30, 2020 and 2019.

Series 22

The series did not have any properties as of September 30, 2020 and 2019.

Series 23

The series did not have any properties as of September 30, 2020 and 2019.

Series 24

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 24 reflects a net loss from Operating Partnerships of $- and $(68,229), respectively, which includes depreciation and amortization of $- and $118,903, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In November 2019, the investment general partners transferred their respective interests in Los Lunas Apartments Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $215,000 and cash proceeds to the investment partnerships of $277,458 and $138,542, for Series 24 and Series 42, respectively. Of the total proceeds received, $19,342 and $9,658, for Series 24 and Series 42, respectively, was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $258,116 and $128,884, for Series 24 and Series 42, respectively, were returned to cash reserves. A gain on the transfer of the Operating Partnership, net of the overhead and expense reimbursement, has been recorded in the amount of $258,116 and $128,884, for Series 24 and Series 42, respectively, as of December 31, 2019.

In November 2019, the investment general partner transferred its interest in Overton Associates Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,807,765 and cash proceeds to the investment partnership of $5,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $2,500 were returned to cash reserves held by Series 24. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $2,500 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Autumn Ridge Associates Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,368,935 and cash proceeds to the investment partnership of $20,400. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $17,900 were returned to cash reserves held by Series 24. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $17,900 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in New Hilltop Apartments, A Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,208,829 and nominal cash proceeds to the investment partnership. There were no cash proceeds available to pay expenses related to the transfer and no proceeds were returned to cash reserves held by Series 24. No gain on the transfer of the Operating Partnership of the proceeds from the transfer has been recorded as of December 31, 2019.

Series 25

The series did not have any properties as of September 30, 2020 and 2019.

Series 26

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 3 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 26 reflects a net loss from Operating Partnerships of $(85,891) and $(218,649), respectively, which includes depreciation and amortization of $55,156 and $157,288, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In November 2019, the investment general partner transferred its interest in Warrensburg Heights, Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $955,481 and cash proceeds to the investment partnership of $23,800. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $21,300 were returned to cash reserves held by Series 26. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $21,300 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in A.V.A., Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,129,910 and cash proceeds to the investment partnership of $50,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $47,500 were returned to cash reserves held by Series 26. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $47,500 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Beauregard Apartments Partnership, A L.D.H.A to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,157,847 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $7,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $16,324 were returned to cash reserves held by Series 26. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $16,324 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Southwind Apartments Partnership, A L.D.H.A to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,020,849 and cash proceeds to the investment partnership of $21,441. Of the total proceeds received, $7,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $13,941 were returned to cash reserves held by Series 26. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $13,941 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in T.R. Bobb Apartments Partnership, A L.D.H.A to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $925,142 and cash proceeds to the investment partnership of $17,868. Of the total proceeds received, $7,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $10,368 were returned to cash reserves held by Series 26. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $10,368 as of December 31, 2019.

The investment general partner will continue to monitor the following Operating Partnership because of operational or other issues. However, this Operating Partnership has exited its LIHTC compliance period and there is therefore no risk to past credit delivery.

Brookhaven Apartments Partnership, A Louisiana Partners

Series 27

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 27 reflects a net loss from Operating Partnerships of $- and $(73,953), respectively, which includes depreciation and amortization of $- and $67,956, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In September 2019, the operating general partner of Northrock Housing Associates Limited Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on September 23, 2019. The sales price of the property was $5,547,522, which included the outstanding mortgage balance of approximately $968,733 and cash proceeds to the investment partnerships of $778,672 and $1,445,882, for Series 27 and Series 33, respectively. Of the total proceeds received by the investment partnerships, $1,750 and $3,250, for Series 27 and Series 33, respectively, was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $776,922 and $1,442,632, for Series 27 and Series 33, respectively, will be returned to cash reserves. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $776,922 and $1,442,632, for Series 27 and Series 33, respectively, as of September 30, 2019. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $14,520 and $26,962 for Series 27 and Series 33, respectively, which was returned to the cash reserves.

In December 2019, the investment general partner transferred its interest in Angelou Associates, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $868,278 and cash proceeds to the investment partnership of $58,000. Of the total proceeds received, $9,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $49,000 were returned to cash reserves held by Series 27. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $49,000 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Magnolia Place Apartments Partnership, A Mississippi LP to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $500,000 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $7,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $16,324 were returned to cash reserves held by Series 27. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $16,324 as of December 31, 2019.

Series 28

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 28 reflects a net loss from Operating Partnerships of $- and $(70,774), respectively, which includes depreciation and amortization of $- and $69,046, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In September 2019, the investment general partner transferred its interest in Fairway II LDHA to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $634,665 and cash proceeds to the investment partnership of $9,600. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $7,100 were returned to cash reserves held by Series 28. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $7,100 as of September 30, 2019.

In December 2019, the investment general partner transferred its interest in Jackson Place Apartments, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,110,303 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $9,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $14,324 will be returned to cash reserves held by Series 28. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $14,324 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Maplewood Apartments Partnership, a LA Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,048,996 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $9,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $14,324 were returned to cash reserves held by Series 28. The transfer proceeds were received in January 2020 and applied against the receivable. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $14,324 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in R.V.K.Y., Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,199,792 and cash proceeds to the investment partnership of $40,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $37,500 were returned to cash reserves held by Series 28. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $37,500 as of December 31, 2019.

Series 29

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 4 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 29 reflects a net loss from Operating Partnerships of $(80,758) and $(85,428), respectively, which includes depreciation and amortization of $74,363 and $92,325, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In April 2020, the investment general partner transferred its interest in Poplarville Housing, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $356,220 and cash proceeds to the investment partnership of $12,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $9,500 were returned to cash reserves held by Series 29. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $9,500 as of June 30, 2020.

In October 2020, the investment general partner transferred its interest in Ozark Associates, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $396,535 and cash proceeds to the investment partnership of $16,000. Of the total proceeds received, $3,000 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $13,000 were returned to cash reserves held by Series 29.

In October 2020, the investment general partner of transferred its interest Westfield Apartments Partnership, A LA Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $919,015 and cash proceeds to the investment partnership of $30,000 Of the total proceeds received, $8,000 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $22,000 were returned to cash reserves held by Series 29.

The investment general partner will continue to monitor the following Operating Partnership because of operational or other issues. However, this Operating Partnership has exited its LIHTC compliance period and there is therefore no risk to past credit delivery.

The Lincoln Hotel

Series 30

The series did not have any properties as of September 30, 2020 and 2019.

Series 31

The series did not have any properties as of September 30, 2020 and 2019.

In April 2019, the operating general partner of Sencit Hampden Associates LP entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on May 10, 2019. The sales price of the property was $2,700,000, which included the outstanding mortgage balance of approximately $973,555. Of the total proceeds received by the investment partnership, $64,295 represents reporting fees due to an affiliate of the investment partnership and the balance represents proceeds from the sale. Of the remaining proceeds, $8,000 was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $587,469 will be returned to cash reserves held by Series 31. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $587,469 as of June 30, 2019. In September 2019, the investment partnership received additional proceeds equal to its share of the Operating Partnership's cash in the amount of $31,431 which was returned to the cash reserves. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $900 which was returned to the cash reserves.

Series 32

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 3 properties at September 30, 2020, all of which were at 100% Qualified Occupancy

For the six month periods ended September 30, 2020 and 2019, Series 32 reflects a net loss from Operating Partnerships of $(168,974) and $(182,657), respectively, which includes depreciation and amortization of $174,189 and $219,045, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In December 2019, the investment general partner transferred its interest in Pearlwood Apartments, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $642,620 and cash proceeds to the investment partnership of $147,500. Of the total proceeds received, $5,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $142,000 were returned to cash reserves held by Series 32. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $142,000 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Pineridge Apartments Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,141,577 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $7,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $16,324 were returned to cash reserves held by Series 32. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $16,324 as of December 31, 2019. In addition, outstanding capital contributions payable to the Operating Partnership in the amount of $1,229 for Series 32 was recorded as gain on the transfer of the Operating Partnership as of December 31, 2019.

The investment general partner will continue to monitor the following Operating Partnerships because of operational or other issues. However, these Operating Partnerships have exited their LIHTC compliance period and there is therefore no risk to past credit delivery.

Pecan Manor Apartments Partnership, A Louisiana Partnership in Commendam

Parkside Plaza, LLP

Series 33

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 2 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 33 reflects a net loss from Operating Partnerships of $(51,545) and $(58,426), respectively, which includes depreciation and amortization of $96,068 and $100,726, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In September 2019, the operating general partner of Northrock Housing Associates Limited Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on September 23, 2019. The sales price of the property was $5,547,522, which included the outstanding mortgage balance of approximately $968,733 and cash proceeds to the investment partnerships of $778,672 and $1,445,882, for Series 27 and Series 33, respectively. Of the total proceeds received by the investment partnerships, $1,750 and $3,250, for Series 27 and Series 33, respectively, was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $776,922 and $1,442,632, for Series 27 and Series 33, respectively, will be returned to cash reserves. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $776,922 and $1,442,632, for Series 27 and Series 33, respectively, as of September 30, 2019. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $14,520 and $26,962 for Series 27 and Series 33, respectively, which was returned to the cash reserves.

Series 34

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 2 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 34 reflects a net loss from Operating Partnerships of $(69,291) and $(100,421), respectively, which includes depreciation and amortization of $76,498 and $106,772, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In July 2019, the investment general partner transferred its interest in Abby Ridge, Limited to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $216,241 and cash proceeds to the investment partnership of $262,500. Of the total proceeds received, $5,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $257,500 were returned to cash reserves held by Series 34. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $257,500 as of September 30, 2019.

In December 2019, the investment general partner transferred its interest in Belmont Affordable Housing II, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $307,057 and cash proceeds to the investment partnership of $31,500. Of the total proceeds received, $4,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $27,000 were returned to cash reserves held by Series 34. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $27,000 as of December 31, 2019.

The investment general partner will continue to monitor the following Operating Partnership because of operational or other issues. However, these Operating Partnership has exited their LIHTC compliance period and there is therefore no risk to past credit delivery.

RHP 96-I, L.P.

Series 35

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 35 reflects a net loss from Operating Partnerships of $- and $(1,539), respectively, which includes depreciation and amortization of $- and $131,653, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In August 2019, the investment general partner transferred its interest in New Caney Housing II, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,027,284 and cash proceeds to the investment partnership of $150,000. Of the total proceeds received, $9,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $141,000 were returned to cash reserves held by Series 35. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $141,000 as of September 30, 2019.

In December 2019, the investment general partner transferred its interest in Tennessee Partners XII Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $2,790,885 and cash proceeds to the investment partnership of $1,422,642. Of the total proceeds received, $8,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $1,414,642 were returned to cash reserves held by Series 35. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $1,414,642 as of December 31, 2019.

Series 36

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 36 reflects a net loss from Operating Partnerships of $- and $(44,924), respectively, which includes depreciation and amortization of $- and $27,363, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In February 2019, the operating general partner of Willowbrook Apartments Partnership, A Louisiana Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on June 19, 2019. The sales price of the property was $1,625,000, which included the outstanding mortgage balance of approximately $522,219 and cash proceeds to the investment partnership of $481,325. Of the total proceeds received by the investment partnership, $5,000 was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $476,325 will be returned to cash reserves held by Series 36. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $476,325 as of June 30, 2019. In October 2019, the investment partnership received additional proceeds equal to its share of the Operating Partnership's cash in the amount of $91,333 which was returned to the cash reserves.

In December 2019, the investment general partner transferred its interest in Wingfield Apartments Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,052,315 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $9,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $14,324 were returned to cash reserves held by Series 36. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $14,324 as of December 31, 2019.

Series 37

The series did not have any properties as of September 30, 2020 and 2019.

Series 38

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 38 reflects a net loss from Operating Partnerships of $- and $(23,735), respectively, which includes depreciation and amortization of $- and $27,635, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In February 2019, the operating general partner of Willowbrook II Apartments Partnership, A Louisiana Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on June 19, 2019. The sales price of the property was $1,625,000, which included the outstanding mortgage balance of approximately $425,416 and cash proceeds to the investment partnership of $527,974. Of the total proceeds received by the investment partnership, $5,000 was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $522,974 will be returned to cash reserves held by Series 38. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $522,974 as of June 30, 2019. In October 2019, the investment partnership received additional proceeds equal to its share of the Operating Partnership's cash in the amount of $26,459 which was returned to the cash reserves.

In June 2019, the investment general partner transferred its interest in Aldine Westfield Apartments, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $2,544,775 and cash proceeds to the investment partnership of $950,000. Of the total proceeds received, $9,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $941,000 were returned to cash reserves held by Series 38. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $941,000 as of June 30, 2019.

In December 2019, the investment general partner transferred its interest in Hammond Place Apartments Partnership, A LA Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $915,109 and cash proceeds to the investment partnership of $23,824. Of the total proceeds received, $7,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $16,324 were returned to cash reserves held by Series 38. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $16,324 as of December 31, 2019.

Series 39

The series did not have any properties as of September 30, 2020 and 2019.

Series 40

As of September 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of September 30, 2020.

For the six month periods ended September 30, 2020 and 2019, Series 40 reflects a net loss from Operating Partnerships of $- and $(70,221), respectively, which includes depreciation and amortization of $- and $122,649, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In January 2019, the investment general partner transferred its interest in Sedgwick-Sundance Apartments, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,082,984 and cash proceeds to the investment partnership of $27,144. Of the total proceeds received, $9,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs and appraisal services. The remaining proceeds of approximately $17,644 were returned to cash reserves held by Series 40. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $17,644 as of March 31, 2019. In addition, equity outstanding for the Operating Partnership in the amount of $102 for Series 40 was recorded as gain on the transfer of the Operating Partnership as of September 30, 2019.

In August 2019, the investment general partner transferred its interest in Capitol Five Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,185,023 and cash proceeds to the investment partnership of $40,594. Of the total proceeds received, $4,950 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $35,644 were returned to cash reserves held by Series 40. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $35,644 as of September 30, 2019.

In September 2019, the operating general partner of Northrock Housing Associates II Limited Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on September 23, 2019. The sales price of the property was $4,416,742, which included the outstanding mortgage balance of approximately $1,484,229 and cash proceeds to the investment partnership of $2,523,259. Of the total proceeds received by the investment partnership, $5,000 was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $2,518,259 will be returned to cash reserves held by Series 40. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $2,518,259 as of September 30, 2019. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $36,674 which was returned to the cash reserves.

In December 2019, the investment general partner transferred its interest in Carlyle Apartments Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $269,980 and cash proceeds to the investment partnership of $311,000. Of the total proceeds received, $6,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $305,000 were returned to cash reserves held by Series 40. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $305,000 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Center Place Apartments II Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $631,880 and cash proceeds to the investment partnership of $19,059. Of the total proceeds received, $3,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $15,559 were returned to cash reserves held by Series 40. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $15,559 as of December 31, 2019.

In December 2019, the investment general partners transferred their respective interests in Meadowside Associates, LLC to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,570,219 and cash proceeds to the investment partnerships of $2,500 and $2,500 for Series 40 and Series 41, respectively. Of the total proceeds received, $1,250 and $1,250 for Series 40 and Series 41, respectively, was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $1,250 and $1,250 for Series 40 and Series 41, respectively, were returned to cash reserves. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $1,250 and $1,250 for Series 40 and Series 41, respectively, as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Oakland Partnership, A Louisiana Partnership in Commendam to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,051,700 and cash proceeds to the investment partnership of $27,397. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $24,897 were returned to cash reserves held by Series 40. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $24,897 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Western Gardens Partnership, A Louisiana Partnership in Commendam to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,109,796 and cash proceeds to the investment partnership of $28,589. Of the total proceeds received, $3,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $25,089 were returned to cash reserves held by Series 40. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $25,089 as of December 31, 2019.

Series 41

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 7 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 41 reflects a net loss from Operating Partnerships of $(6,873) and $(134,202), respectively, which includes depreciation and amortization of $280,652 and $368,462, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In December 2019, the investment general partners transferred their respective interests in Meadowside Associates, LLC to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,570,219 and cash proceeds to the investment partnerships of $2,500 and $2,500 for Series 40 and Series 41, respectively. Of the total proceeds received, $1,250 and $1,250 for Series 40 and Series 41, respectively, was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $1,250 and $1,250 for Series 40 and Series 41, respectively, were returned to cash reserves. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $1,250 and $1,250 for Series 40 and Series 41, respectively, as of December 31, 2019.

In March 2020, the investment general partner transferred its interest in Breezewood Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $918,226 and cash proceeds to the investment partnership of $21,533. Of the total proceeds received, $2,243 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $19,290 were returned to cash reserves held by Series 41. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $19,290 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Hawthorne Associates, A L Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $923,842 and cash proceeds to the investment partnership of $10,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $7,500 were returned to cash reserves held by Series 41. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $7,500 as of March 31, 2020.

In August 2020, the investment general partner transferred its interest in Cranberry Cove Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $895,911 and cash proceeds to the investment partnership of $49,000. Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $46,500 were returned to cash reserves held by Series 41. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $46,500 as of September 30, 2020.

The investment general partner will continue to monitor the following Operating Partnerships because of operational or other issues. However, these Operating Partnerships have all exited their LIHTC compliance period and there is therefore no risk to past credit delivery.

Rural Housing Partners of Mendota L.P.

Rural Housing Partners of Mt. Carroll, LP

Rural Housing Partners of Fulton L.P.

Series 42

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 6 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 42 reflects a net loss from Operating Partnerships of $(204,518) and $(218,826), respectively, which includes depreciation and amortization of $244,575 and $323,583, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In November 2019, the investment general partners transferred their respective interests in Los Lunas Apartments Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $215,000 and cash proceeds to the investment partnerships of $277,458 and $138,542, for Series 24 and Series 42, respectively. Of the total proceeds received, $19,342 and $9,658, for Series 24 and Series 42, respectively, was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $258,116 and $128,884, for Series 24 and Series 42, respectively, were returned to cash reserves. A gain on the transfer of the Operating Partnership, net of the overhead and expense reimbursement, has been recorded in the amount of $258,116 and $128,884, for Series 24 and Series 42, respectively, as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Crittenden County Partners, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $514,200 and cash proceeds to the investment partnership of $259,774. Of the total proceeds received, $7,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $252,774 were returned to cash reserves held by Series 42. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $252,774 as of December 31, 2019.

In March 2020, the investment general partners transferred its interest in Breezewood II Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $906,547 and cash proceeds to the investment partnerships of $21,696 and $2,304 for Series 42 and Series 45, respectively. Of the total proceeds received, $2,260 and $240 for Series 42 and Series 45, respectively, was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $19,436 and $2,064 for Series 42 and Series 45, respectively, were returned to cash reserves. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $19,436 and $2,064 for Series 42 and Series 45, respectively, as of March 31, 2020.

In July 2020, the operating general partner of Lynnelle Landing Limited Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on October 1, 2020. The sales price of the property was $1,650,000, which included the outstanding mortgage balance of approximately $1,014,143 and cash proceeds to the investment partnership of $130,000. Of the total proceeds received by the investment partnership, $5,000 will be paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $125,000 will be returned to cash reserves held by Series 42.

In October 2020, the investment general partner transferred its interest Wingfield Apartments Partnership II, A LA Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $112,922 and cash proceeds to the investment partnership of $31,500 Of the total proceeds received, $6,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $25,000 were returned to cash reserves held by Series 42.

The investment general partner will continue to monitor the following Operating Partnership because of operational or other issues. However, this Operating Partnership has exited its LIHTC compliance period and there is therefore no risk to past credit delivery.

Parkhurst Place Limited Partnership

Series 43

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 3 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 43 reflects a net loss from Operating Partnerships of $(153,764) and $(205,957), respectively, which includes depreciation and amortization of $170,133 and $372,693, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In March 2019, the operating general partner of Alexander Mills, LP entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on May 31, 2019. The sales price of the property was $21,216,275, which included the outstanding mortgage balance of approximately $11,408,365 and cash proceeds to the investment partnerships of $1,065,532 and $1,302,317 for Series 43 and Series 44, respectively. Of the total proceeds received by the investment partnerships, $4,950 and $6,050 for Series 43 and Series 44, respectively, was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $1,060,582 and $1,296,267 for Series 43 and Series 44, respectively, will be returned to cash reserves. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $1,060,582 and $1,296,267 for Series 43 and Series 44, respectively, as of June 30, 2019. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $21,924 and $26,795 for Series 43 and Series 44, respectively, which was returned to the cash reserves.

In July 2019, the investment general partner transferred its interest in Gilbert Apartments, Limited to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $537,996 and cash proceeds to the investment partnership of $200,000. Of the total proceeds received, $5,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $195,000 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $195,000 as of September 30, 2019.

In June 2020, the investment general partner transferred its interest in Pyramid Seven Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,200,885 and cash proceeds to the investment partnership of $12,000. Of the total proceeds received, $3,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $9,000 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $9,000 as of June 30, 2020.

In September 2020, the investment general partner transferred its interest in Charlevoix Apartments LDHA, Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,013,428 and cash proceeds to the investment partnership of $8,000. Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $5,500 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $5,500 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest in Cloverlane Apartments - Lakeview Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $61,559 and cash proceeds to the investment partnership of $70,800. Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $68,300 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $68,300 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest in Lakewood Apartments - Saranac Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $684,395 and cash proceeds to the investment partnership of $4,800. Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $2,300 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $2,300 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest in Parkside Apartments - Coleman LDHA Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $357,178 and cash proceeds to the investment partnership of $8,000. Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $5,500 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $5,500 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest in Riverview Apartments - Blissfield LDHA Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $515,806 and cash proceeds to the investment partnership of $6,400 Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $3,900 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $3,900 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest in Strawberry Lake Apartments - Norway LDHA LP to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $652,289 and cash proceeds to the investment partnership of $6,400. Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $3,900 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $3,900 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest in New Chester Townhouses II Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $630,455 and cash proceeds to the investment partnership of $13,650. Of the total proceeds received, $4,375 represents reporting fees due to an affiliate of the investment partnership and the balance represents proceeds from the transfer. Of the remaining proceeds, $875 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $8,400 were returned to cash reserves held by Series 43. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $8,400 as of September 30, 2020.

The investment general partner will continue to monitor the following Operating Partnership because of operational or other issues. However, this Operating Partnership has exited their LIHTC compliance period and there is therefore no risk to past credit delivery.

Parkside Plaza, LLP

Series 44

As of September 30, 2020 and 2019, the average Qualified Occupancy was 100%. The series had a total of 3 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 44 reflects a net income (loss) from Operating Partnerships of $276,742 and $(14,128), respectively, which includes depreciation and amortization of $339,618 and $513,484, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In March 2019, the operating general partner of Alexander Mills, LP entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on May 31, 2019. The sales price of the property was $21,216,275, which included the outstanding mortgage balance of approximately $11,408,365 and cash proceeds to the investment partnerships of $1,065,532 and $1,302,317 for Series 43 and Series 44, respectively. Of the total proceeds received by the investment partnerships, $4,950 and $6,050 for Series 43 and Series 44, respectively, was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $1,060,582 and $1,296,267 for Series 43 and Series 44, respectively, will be returned to cash reserves. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $1,060,582 and $1,296,267 for Series 43 and Series 44, respectively, as of June 30, 2019. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $21,924 and $26,795 for Series 43 and Series 44, respectively, which was returned to the cash reserves.

In September 2019, the operating general partner of Northrock Housing Associates Three Limited Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on September 23, 2019. The sales price of the property was $2,640,737, which included the outstanding mortgage balance of approximately $709,074 and cash proceeds to the investment partnership of $1,565,456. Of the total proceeds received by the investment partnership, $5,000 was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $1,560,456 will be returned to cash reserves held by Series 44. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $1,560,456 as of September 30, 2019. In December 2019, the investment partnership received its share of the final reconciliation of the Operating Partnership's cash in the amount of $37,807 which was returned to the cash reserve.

In March 2020, the investment general partner transferred its interest in New Oxford I Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,134,723 and cash proceeds to the investment partnership of $7,500. Of the total proceeds received, $4,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $3,500 were returned to cash reserves held by Series 44. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $3,500 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Orchard River Associates Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $5,834,195 and cash proceeds to the investment partnership of $170,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $167,500 were returned to cash reserves held by Series 44. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $167,500 as of March 31, 2020.

Series 45

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 11 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 45 reflects a net loss from Operating Partnerships of $(208,491) and $(424,165), respectively, which includes depreciation and amortization of $447,266 and $826,542, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In December 2019, the investment general partner transferred its interest in Lone Terrace Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $1,177,699 and cash proceeds to the investment partnership of $39,854. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $37,354 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $37,354 as of December 31, 2019.

In December 2019, the investment general partner transferred its interest in Sulphur Terrace Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $1,128,449 and cash proceeds to the investment partnership of $65,594. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $63,094 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $63,094 as of December 31, 2019.

In January 2020, the operating general partner of Jefferson Housing Limited Partnership entered into an agreement to sell the property to an entity affiliated with the operating general partner and the transaction closed on March 18, 2020. The sales price of the property was $2,004,845, which included the outstanding mortgage balance of approximately $1,489,672 and cash proceeds to the investment partnership of $515,173. Of the total proceeds received by the investment partnership, $7,500 was paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $507,673 will be returned to cash reserves held by Series 45. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $507,673 as of March 31, 2020. In addition, equity outstanding for the Operating Partnership in the amount of $16,724 for Series 45 was recorded as gain on the sale of the Operating Partnership as of March 31, 2020.

In March 2020, the investment general partners transferred its interest in Breezewood II Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $906,547 and cash proceeds to the investment partnerships of $21,696 and $2,304 for Series 42 and Series 45, respectively. Of the total proceeds received, $2,260 and $240 for Series 42 and Series 45, respectively, was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $19,436 and $2,064 for Series 42 and Series 45, respectively, were returned to cash reserves. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $19,436 and $2,064 for Series 42 and Series 45, respectively, as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Brookside Square Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,084,329 and cash proceeds to the investment partnership of $7,500. Of the total proceeds received, $4,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $3,500 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $3,500 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in East View Family Housing, Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $590,976 and cash proceeds to the investment partnership of $16,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $13,500 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $13,500 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Lawrenceville I Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $764,406 and cash proceeds to the investment partnership of $7,500. Of the total proceeds received, $4,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $3,500 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $3,500 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Reese I Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $1,472,278 and cash proceeds to the investment partnership of $5,000. Of the total proceeds received, $4,000 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $1,000 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $1,000 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Valleyview, Limited to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $633,499 and cash proceeds to the investment partnership of $27,600. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $25,100 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $25,100 as of March 31, 2020.

In February 2020, the operating general partner of Ridge Crest Apartments, Limited Partnership entered into an agreement to sell the property to a non-affiliated entity and the transaction closed on September 3, 2020. The sales price of the property was $4,000,000, which included the outstanding mortgage balance of approximately $2,878,985. Cash proceeds from the sale resulted in a total cash payment to the investment partnership of $210,224. Of the total proceeds received by the investment partnership, $22,432 represents reporting fees due to an affiliate of the investment partnership and the balance represents proceeds from the sale. Of the remaining proceeds, $3,000 will be paid to BCAMLP for expenses related to the sale, which include third party legal costs. The remaining proceeds from the sale of $184,792 will be returned to cash reserves held by Series 45. A gain on the sale of the Operating Partnership of the proceeds from the sale, net of the overhead and expense reimbursement, has been recorded in the amount of $184,792 as of September 30, 2020.

In September 2020, the investment general partner transferred its interest Mill Race Apartments - Plainwell Limited Partnership to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $726,236 and cash proceeds to the investment partnership of $17,400 Of the total proceeds received, $2,500 will be paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $14,900 were returned to cash reserves held by Series 45. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $14,900 as of September 30, 2020.

The investment general partner will continue to monitor the following Operating Partnership because of operational or other issues. However, this Operating Partnership has exited its LIHTC compliance period and there is therefore no risk to past credit delivery.

University Plaza Investment Group, LLLP

Series 46

As of September 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 11 properties at September 30, 2020, all of which were at 100% Qualified Occupancy.

For the six month periods ended September 30, 2020 and 2019, Series 46 reflects a net loss from Operating Partnerships of $(29,648) and $(51,726), respectively, which includes depreciation and amortization of $498,424 and $567,482, respectively. This is an interim period estimate; it is not indicative of the final year-end results.

In March 2020, the investment general partner transferred its interest in Deer Meadow Apartments, Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $917,524 and cash proceeds to the investment partnership of $24,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $21,500 were returned to cash reserves held by Series 46. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $21,500 as of March 31, 2020.

In March 2020, the investment general partner transferred its interest in Tanglewood Village Limited Partnership to a non-affiliated entity for its assumption of the outstanding mortgage balance of approximately $1,090,639 and cash proceeds to the investment partnership of $24,000. Of the total proceeds received, $2,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $21,500 were returned to cash reserves held by Series 46. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $21,500 as of March 31, 2020.

In June 2020, the investment general partner transferred its interest in Clayton Station, Limited to an entity affiliated with the operating general partner for its assumption of the outstanding mortgage balance of approximately $638,421 and cash proceeds to the investment partnership of $75,000. Of the total proceeds received, $6,500 was paid to BCAMLP for expenses related to the transfer, which include third party legal costs. The remaining proceeds of approximately $68,500 were returned to cash reserves held by Series 46. A gain on the transfer of the Operating Partnership of the proceeds from the transfer, net of the overhead and expense reimbursement, has been recorded in the amount of $68,500 as of June 30, 2020.

Linden-Shawnee Partners, L.P. (The Linden's Apartments) is a 54-unit family property located in Shawnee, OK. The property continued to operate below breakeven throughout 2019 and into 2020. As of September 30 2020, occupancy is 93%. The investment limited partner will continue to work with the operating general partner and the management company to improve operations. The operating general partner is under an operating deficit guarantee through the end of compliance. The 15-year low income housing tax credit compliance period with respect to Linden-Shawnee Partners, L.P. expires on December 31, 2020.

Saint Martin Apartments, L.P. (Saint Martin Apartments) is a 40-unit garden style property located in McComb, MS. The 2019 the property operated below breakeven due to elevated operating expenses. Occupancy averaged 94% through September 30, 2020. The investment limited partner will continue to work with the operating general partner and the management company to improve operations. The operating general partner is under an operating deficit guarantee through the end of compliance. The 15-year low income housing tax credit compliance period with respect to Saint Martin Apartments, L.P. expires on December 31, 2020.

Off Balance Sheet Arrangements

None.

Principal Accounting Policies and Estimates

The financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (GAAP), which require the Fund to make various estimates and assumptions. The following section is a summary of some aspects of those accounting policies that may require subjective or complex judgments and are most important to the portrayal of the Fund's financial condition and results of operations. The Fund believes that there is a low probability that the use of different estimates or assumptions in making these judgments would result in materially different amounts being reported in the financial statements.

The Fund is required to assess potential impairments to its long-lived assets, which are primarily investments in limited partnerships. The Fund accounts for its investment in limited partnerships in accordance with the equity method of accounting since the Fund does not control the operations of the Operating Partnerships. The purpose of an impairment analysis is to verify that the real estate investment balance reflected on the balance sheet does not exceed the value of the underlying investments.

If the book value of the Fund's investment in an Operating Partnership exceeds the estimated value derived by management, which generally consists of the remaining future Low-Income Housing Credits allocable to the Fund and the estimated residual value to the Fund, the Fund reduces its investment in the Operating Partnership.

The main reason an impairment loss typically occurs is that the annual operating losses, recorded in accordance with the equity method of accounting, of the investment in limited partnership does not reduce the balance as quickly as the annual use of the tax credits. In years prior to the year ended March 31, 2009, management included remaining tax credits as well as residual value in the calculated value of the underlying investments. However, management decided to take a more conservative approach to the investment calculation and determined that the majority of the residual value component of the valuation was zero for the years ended March 31, 2020 and 2019. However, it is important to note that this change in the accounting estimate to the calculation method of the impairment loss has no effect on the actual value or performance of the overall investment, nor does it have any effect on the remaining credits to be generated.

In accordance with the accounting guidance for the consolidation of variable interest entities, the Fund determines when it should include the assets, liabilities, and activities of a variable interest entity (VIE) in its financial statements, and when it should disclose information about its relationship with a VIE. The analysis that must be performed to determine which entity should consolidate a VIE focuses on control and economic factors.  A VIE is a legal structure used to conduct activities or hold assets, which must be consolidated by a company if it is the primary beneficiary because it has (1) the power to direct the activities of the VIE that most significantly impact the VIE's economic performance and (2) the obligation to absorb losses or receive benefits that could potentially be significant to the VIE. If multiple unrelated parties share such power, as defined, no party will be required to consolidate the VIE. Further, the guidance requires continual reconsideration of the primary beneficiary of a VIE. 

Principal Accounting Policies and Estimates - continued

Based on this guidance, the Operating Partnerships in which the Fund invests meet the definition of a VIE because the owners of the equity at risk in these entities do not have the power to direct their operations.  However, management does not consolidate the Fund's interests in these VIEs, as it is not considered to be the primary beneficiary since it does not have the power to direct the activities that are considered most significant to the economic performance of these entities.  The Fund currently records the amount of its investment in these partnerships as an asset on its balance sheets, recognizes its share of partnership income or losses in the statements of operations, and discloses how it accounts for material types of these investments in its financial statements. The Fund's balance in investment in Operating Partnerships, advances made to Operating Partnerships, plus the risk of recapture of tax credits previously recognized on these investments, represents its maximum exposure to loss.  The Fund's exposure to loss on these partnerships is mitigated by the condition and financial performance of the underlying Housing Complexes as well as the strength of the general partners and their guarantee against credit recapture to the investors of the Fund.

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASU 2014-09"), as amended by subsequent Accounting Standard Updates (collectively, "ASC 606").  The Partnership adopted ASC 606 during 2019 and applied the guidance on a retrospective basis. There was no impact as a result of the adoption of ASC 606 to recognize revenue on the financial statements of the Partnership.

In August 2016, the FASB issued Accounting Standards Update 2016-15 Statement of Cash Flows (Topic 230), Classification of Certain Cash Receipts and Cash Payments.  The Partnership adopted the update on a retrospective basis.  The effect of the adoption was the application of an accounting policy election to classify distributions received from investees using the nature of the distribution approach.  The Partnership classifies distributions from tax credit investments as returns on investment because the design of the project entity is to generate tax credits and losses rather than income from operations.  Application of the accounting policy election had no impact on the presentation in the statement of cash flows.

Item 3	Quantitative and Qualitative Disclosures About Market Risk
	Not Applicable

Item 4	Controls and Procedures
	(a)	Evaluation of Disclosure Controls and Procedures
		As of the end of the period covered by this report, the Fund's general partner, under the supervision and with the participation of the Principal Executive Officer and Principal Financial Officer of C&M Management Inc., carried out an evaluation of the effectiveness of the Fund's "disclosure controls and procedures" as defined under the Securities Exchange Act of 1934 Rules 13a-15 and 15d-15 with respect to each series individually, as well as the Fund as a whole. Based on that evaluation, the Fund's Principal Executive Officer and Principal Financial Officer have concluded that as of the end of the period covered by this report, the Fund's disclosure controls and procedures were effective to ensure that information relating to any series or the Fund as a whole required to be disclosed by it in the reports that it files or submits under the Securities Exchange Act of 1934 (i) is recorded, processed, summarized and reported within the time periods specified in the SEC's rules and forms and (ii) is accumulated and communicated to the Fund's management, including the Fund's Principal Executive Officer and Principal Financial Officer, as appropriate, to allow timely decisions regarding required disclosure with respect to each series individually, as well as the Fund as a whole.
	(b)	Changes in Internal Controls
		There were no changes in the Fund's or any Series' internal control over financial reporting that occurred during the quarter ended September 30, 2020 that materially affected, or are reasonably likely to materially affect, the Fund's or any Series' internal control over financial reporting.
	(c)	Certifications
		The Certifications of the Principal Executive Officer and Principal Financial Officer of the Fund required by Section 302 and Section 906 of the Sarbanes-Oxley Act of 2002, which are filed or furnished as Exhibits 31.a, 31.b, 32.a and 32.b to this Quarterly Report on Form 10-Q, are applicable to each Series individually and the Fund as a whole.

PART II - OTHER INFORMATION

Item 1.	Legal Proceedings
	None
Item 1A.	Risk Factors
	There have been no material changes from the risk factors set forth under Part I, Item 1A. "Risk Factors" in our Form 10-K for the fiscal year ended March 31, 2020.
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds
	None
Item 3.	Defaults Upon Senior Securities
	None
Item 4.	Mine Safety Disclosures
	Not Applicable
Item 5.	Other Information
	None
Item 6.	Exhibits
		31.a Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, of John P. Manning, Principal Executive Officer, filed herewith BCTC IV CERT 302
		31.b Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, of Marc N. Teal, Principal Financial Officer, filed herewith BCTC IV CERT 302
		32.a Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, of John P. Manning, Principal Executive Officer, filed herewith BCTC IV CERT 906
		32.b Certification pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, of Marc N. Teal, Principal Financial Officer, filed herewith BCTC IV CERT 906
		101. The following materials from the Boston Capital Tax Credit Fund IV L.P. Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2020 formatted in Extensible Business Reporting Language (XBRL): (i) the Condensed Balance Sheets, (ii) the Condensed Statements of Operations, (iii) the Condensed Statements of Changes in Partners' Capital (Deficit), (iv) the Condensed Statements of Cash Flows and (v) related notes, filed herewith

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

	Boston Capital Tax Credit Fund IV L.P.
	By:	Boston Capital Associates IV L.P. General Partner
	By:	BCA Associates Limited Partnership General Partner
	By:	C&M Management, Inc. General Partner
Date: November 12, 2020		By:	/s/ John P. Manning John P. Manning

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:
November 12, 2020	/s/ John P. Manning	Director, President (Principal Executive Officer), C&M Management, Inc.; Director, President (Principal Executive Officer) BCTC IV Assignor Corp.
	John P. Manning
November 12, 2020	/s/ Marc N. Teal Marc N. Teal	Sr. Vice President, Chief Financial Officer (Principal Accounting and Financial Officer) C&M Management Inc.; Sr. Vice President, Chief Financial Officer (Principal Accounting and Financial Officer) BCTC IV Assignor Corp.

EX-31

Exhibit 31.a

I, John P. Manning, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Boston Capital Tax Credit Fund IV L.P.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and have:

1. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
2. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
3. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
4. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

1. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

1. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
2. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 12, 2020	/s/ John P. Manning
	John P. Manning
	Principal Executive Officer

EX-31

Exhibit 31.b

I, Marc Teal, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Boston Capital Tax Credit Fund IV L.P.;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f))for the registrant and have:

1. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
2. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
3. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
4. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

1. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

1. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
2. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 12, 2020	/s/ Marc N. Teal
	Marc N. Teal Principal Financial Officer

EX-32

EXHIBIT 32.a

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Boston Capital Tax Credit Fund IV L.P. (the "Fund") on Form 10-Q for the period ended September 30, 2020 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, John P. Manning, Principal Executive Officer of the general partner of the general partner of the Fund's general partner, C&M Management Inc., certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge, after due inquiry:

(1)	The Report fully complies with the requirements of section 13(a)-15 or 15(d)-15 of the Securities and Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.

Date:
November 12, 2020	/s/ John P. Manning
	John P. Manning
	Principal Executive Officer

A signed original of this written statement required by Section 906, or other

document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Fund and will be retained by the Fund and furnished to the Securities and Exchange Commission or its staff upon request.

EX-32

EXHIBIT 32.b

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of Boston Capital Tax Credit Fund IV L.P. (the "Fund") on Form 10-Q for the period ended September 30, 2020 as filed with the Securities and Exchange Commission on the date hereof (the "Report"), I, Marc N. Teal, Principal Financial Officer of the general partner of the general partner of the Fund's general partner, C&M Management Inc., certify, pursuant to 18 U.S.C. section 1350, as adopted pursuant to section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge, after due inquiry:

(1)	The Report fully complies with the requirements of section 13(a)-15 or 15(d)-15 of the Securities and Exchange Act of 1934; and
(2)	The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Fund.

Date:
November 12, 2020	/s/ Marc N. Teal
	Marc. N. Teal
	Principal Financial Officer

A signed original of this written statement required by Section 906, or other

document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to the Fund and will be retained by the Fund and furnished to the Securities and Exchange Commission or its staff upon request.

XML

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	Sep. 30, 2020 shares
Cover [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Sep. 30, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Registrant Name	BOSTON CAPITAL TAX CREDIT FUND IV LP
Title of 12(b) Security	None
No Trading Symbol Flag	true
Entity Central Index Key	0000913778
Current Fiscal Year End Date	--03-31
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding	0
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	true

XML

CONDENSED BALANCE SHEETS - USD ($)	Sep. 30, 2020	Mar. 31, 2020
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	$ 0	$ 0
OTHER ASSETS
Cash and cash equivalents	6,319,194	6,622,109
Other assets	28,738	15,088
ASSETS	6,347,932	6,637,197
LIABILITIES
Accounts payable and accrued expenses	25,218	16,000
Accounts payable affiliates (Note C)	12,999,648	13,107,778
Capital contributions payable	1,039	1,039
LIABILITIES	13,025,905	13,124,817
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(6,231,282)	(6,042,833)
General Partner	(446,691)	(444,787)
PARTNERS' CAPITAL (DEFICIT)	(6,677,973)	(6,487,620)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	6,347,932	6,637,197
Series Twenty [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(754,767)	(754,767)
General Partner	754,767	754,767
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty One [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(898,231)	(898,231)
General Partner	898,231	898,231
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Two [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(2,448,362)	(2,448,362)
General Partner	2,448,362	2,448,362
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Three [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(224,264)	(224,264)
General Partner	224,264	224,264
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Four [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	173,404	173,404
General Partner	(173,404)	(173,404)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Five [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	219,815	219,815
General Partner	(219,815)	(219,815)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Six [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	539,061	576,004
Other assets	0	0
ASSETS	539,061	576,004
LIABILITIES
Accounts payable and accrued expenses	165	0
Accounts payable affiliates (Note C)	4,282	0
Capital contributions payable	0	0
LIABILITIES	4,447	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	847,610	888,586
General Partner	(312,996)	(312,582)
PARTNERS' CAPITAL (DEFICIT)	534,614	576,004
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	539,061	576,004
Series Twenty Seven [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	133,264	133,264
General Partner	(133,264)	(133,264)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Eight [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	275,140	275,140
General Partner	(275,140)	(275,140)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Twenty Nine [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	140,305	157,446
Other assets	0	0
ASSETS	140,305	157,446
LIABILITIES
Accounts payable and accrued expenses	159	0
Accounts payable affiliates (Note C)	3,119,380	3,105,875
Capital contributions payable	785	785
LIABILITIES	3,120,324	3,106,660
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(2,611,572)	(2,581,075)
General Partner	(368,447)	(368,139)
PARTNERS' CAPITAL (DEFICIT)	(2,980,019)	(2,949,214)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	140,305	157,446
Series Thirty [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(883,119)	(883,119)
General Partner	883,119	883,119
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Thirty One [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	353,529	353,529
General Partner	(353,529)	(353,529)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Thirty Two [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	180,351	193,203
Other assets	0	0
ASSETS	180,351	193,203
LIABILITIES
Accounts payable and accrued expenses	163	0
Accounts payable affiliates (Note C)	113,775	83,511
Capital contributions payable	0	0
LIABILITIES	113,938	83,511
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	472,113	514,959
General Partner	(405,700)	(405,267)
PARTNERS' CAPITAL (DEFICIT)	66,413	109,692
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	180,351	193,203
Series Thirty Three [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	543,367	561,941
Other assets	0	0
ASSETS	543,367	561,941
LIABILITIES
Accounts payable and accrued expenses	89	0
Accounts payable affiliates (Note C)	9,777	0
Capital contributions payable	0	0
LIABILITIES	9,866	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	753,946	782,102
General Partner	(220,445)	(220,161)
PARTNERS' CAPITAL (DEFICIT)	533,501	561,941
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	543,367	561,941
Series Thirty Four [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	120,747	148,344
Other assets	0	0
ASSETS	120,747	148,344
LIABILITIES
Accounts payable and accrued expenses	122	0
Accounts payable affiliates (Note C)	2,459,128	2,445,674
Capital contributions payable	0	0
LIABILITIES	2,459,250	2,445,674
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(2,014,728)	(1,973,967)
General Partner	(323,775)	(323,363)
PARTNERS' CAPITAL (DEFICIT)	(2,338,503)	(2,297,330)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	120,747	148,344
Series Thirty Five [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	223,088	223,088
General Partner	(223,088)	(223,088)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Thirty Six [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	148,221	148,221
General Partner	(148,221)	(148,221)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Thirty Seven [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	205,359	205,359
General Partner	(205,359)	(205,359)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Thirty Eight [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	188,889	188,889
General Partner	(188,889)	(188,889)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Thirty Nine [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	196,043	196,043
General Partner	(196,043)	(196,043)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Forty [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	0	0
Other assets	0	0
ASSETS	0	0
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	0	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	216,900	216,900
General Partner	(216,900)	(216,900)
PARTNERS' CAPITAL (DEFICIT)	0	0
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	0	0
Series Forty One [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	376,940	352,239
Other assets	0	0
ASSETS	376,940	352,239
LIABILITIES
Accounts payable and accrued expenses	2,599	0
Accounts payable affiliates (Note C)	2,704,207	2,647,829
Capital contributions payable	0	0
LIABILITIES	2,706,806	2,647,829
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(2,057,399)	(2,023,466)
General Partner	(272,467)	(272,124)
PARTNERS' CAPITAL (DEFICIT)	(2,329,866)	(2,295,590)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	376,940	352,239
Series Forty Two [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	1,556,143	1,607,893
Other assets	11,300	11,300
ASSETS	1,567,443	1,619,193
LIABILITIES
Accounts payable and accrued expenses	88	0
Accounts payable affiliates (Note C)	19,260	0
Capital contributions payable	254	254
LIABILITIES	19,602	254
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	1,773,300	1,843,687
General Partner	(225,459)	(224,748)
PARTNERS' CAPITAL (DEFICIT)	1,547,841	1,618,939
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	1,567,443	1,619,193
Series Forty Three [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	1,480,476	1,416,291
Other assets	13,650	0
ASSETS	1,494,126	1,416,291
LIABILITIES
Accounts payable and accrued expenses	15,996	0
Accounts payable affiliates (Note C)	19,371	0
Capital contributions payable	0	0
LIABILITIES	35,367	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	1,765,692	1,723,649
General Partner	(306,933)	(307,358)
PARTNERS' CAPITAL (DEFICIT)	1,458,759	1,416,291
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	1,494,126	1,416,291
Series Forty Four [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	307,766	321,693
Other assets	0	0
ASSETS	307,766	321,693
LIABILITIES
Accounts payable and accrued expenses	93	4,000
Accounts payable affiliates (Note C)	423,301	362,671
Capital contributions payable	0	0
LIABILITIES	423,394	366,671
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	122,977	192,920
General Partner	(238,605)	(237,898)
PARTNERS' CAPITAL (DEFICIT)	(115,628)	(44,978)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	307,766	321,693
Series Forty Five [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	555,295	859,371
Other assets	0	0
ASSETS	555,295	859,371
LIABILITIES
Accounts payable and accrued expenses	5,640	12,000
Accounts payable affiliates (Note C)	1,921,963	2,351,836
Capital contributions payable	0	0
LIABILITIES	1,927,603	2,363,836
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(1,004,923)	(1,135,758)
General Partner	(367,385)	(368,707)
PARTNERS' CAPITAL (DEFICIT)	(1,372,308)	(1,504,465)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	555,295	859,371
Series Forty Six [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	518,743	427,684
Other assets	3,788	3,788
ASSETS	522,531	431,472
LIABILITIES
Accounts payable and accrued expenses	104	0
Accounts payable affiliates (Note C)	2,205,204	2,110,382
Capital contributions payable	0	0
LIABILITIES	2,205,308	2,110,382
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(1,403,207)	(1,399,379)
General Partner	(279,570)	(279,531)
PARTNERS' CAPITAL (DEFICIT)	(1,682,777)	(1,678,910)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	$ 522,531	$ 431,472

XML

CONDENSED BALANCE SHEETS(Parenthetical) - $ / shares	Sep. 30, 2020	Mar. 31, 2020
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	83,651,080	83,651,080
Units of limited partnership interest, outstanding	82,926,053	82,926,053
Series Twenty [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,866,700	3,866,700
Units of limited partnership interest, outstanding	3,828,200	3,828,200
Series Twenty One [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	1,892,700	1,892,700
Units of limited partnership interest, outstanding	1,879,500	1,879,500
Series Twenty Two [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,564,400	2,564,400
Units of limited partnership interest, outstanding	2,550,145	2,550,145
Series Twenty Three [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,336,727	3,336,727
Units of limited partnership interest, outstanding	3,303,327	3,303,327
Series Twenty Four [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,169,878	2,169,878
Units of limited partnership interest, outstanding	2,150,053	2,150,053
Series Twenty Five [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,026,109	3,026,109
Units of limited partnership interest, outstanding	3,016,809	3,016,809
Series Twenty Six [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,995,900	3,995,900
Units of limited partnership interest, outstanding	3,929,074	3,929,074
Series Twenty Seven [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,460,700	2,460,700
Units of limited partnership interest, outstanding	2,431,350	2,431,350
Series Twenty Eight [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	4,000,738	4,000,738
Units of limited partnership interest, outstanding	3,979,139	3,979,139
Series Twenty Nine [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,991,800	3,991,800
Units of limited partnership interest, outstanding	3,923,225	3,923,225
Series Thirty [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,651,000	2,651,000
Units of limited partnership interest, outstanding	2,621,200	2,621,200
Series Thirty One [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	4,417,857	4,417,857
Units of limited partnership interest, outstanding	4,375,757	4,375,757
Series Thirty Two [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	4,754,198	4,754,198
Units of limited partnership interest, outstanding	4,715,798	4,715,798
Series Thirty Three [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,636,533	2,636,533
Units of limited partnership interest, outstanding	2,606,833	2,606,833
Series Thirty Four [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,529,319	3,529,319
Units of limited partnership interest, outstanding	3,477,719	3,477,719
Series Thirty Five [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,300,463	3,300,463
Units of limited partnership interest, outstanding	3,277,913	3,277,913
Series Thirty Six [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,106,838	2,106,838
Units of limited partnership interest, outstanding	2,083,704	2,083,704
Series Thirty Seven [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,512,500	2,512,500
Units of limited partnership interest, outstanding	2,489,100	2,489,100
Series Thirty Eight [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,543,100	2,543,100
Units of limited partnership interest, outstanding	2,536,200	2,536,200
Series Thirty Nine [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,292,151	2,292,151
Units of limited partnership interest, outstanding	2,288,351	2,288,351
Series Forty [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,630,256	2,630,256
Units of limited partnership interest, outstanding	2,611,356	2,611,356
Series Forty One [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,891,626	2,891,626
Units of limited partnership interest, outstanding	2,867,676	2,867,676
Series Forty Two [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,744,262	2,744,262
Units of limited partnership interest, outstanding	2,716,362	2,716,362
Series Forty Three [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	3,637,987	3,637,987
Units of limited partnership interest, outstanding	3,617,987	3,617,987
Series Forty Four [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,701,973	2,701,973
Units of limited partnership interest, outstanding	2,687,173	2,687,173
Series Forty Five [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	4,014,367	4,014,367
Units of limited partnership interest, outstanding	3,996,467	3,996,467
Series Forty Six [Member]
Beneficial assignee certificate, par value (in dollars per share)	$ 10	$ 10
Units of limited partnership interest, authorized	101,500,000	101,500,000
Units of limited partnership interest, issued	2,980,998	2,980,998
Units of limited partnership interest, outstanding	2,965,635	2,965,635

XML

CONDENSED STATEMENTS OF OPERATIONS - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Income
Interest income	$ 2,375	$ 88,130	$ 7,895	$ 157,936
Other income	69,667	104,513	118,008	212,121
Revenues	72,042	192,643	125,903	370,057
Gain on disposition of Operating Partnerships	343,992	6,966,046	430,992	11,850,663
Expenses
Professional fees	153,825	314,129	217,040	327,696
Fund management fee, net (Note C)	165,087	341,092	371,686	585,774
General and administrative expenses	96,081	122,855	158,522	226,337
Operating expenses	414,993	778,076	747,248	1,139,807
NET INCOME (LOSS)	1,041	6,380,613	(190,353)	11,080,913
Net income (loss) allocated to assignees	1,030	6,316,810	(188,449)	10,970,106
Net income (loss) allocated to general partner	$ 11	$ 63,803	$ (1,904)	$ 110,807
Net income (loss) per BAC	$ 0.00	$ 0.08	$ 0.00	$ 0.13
Series Twenty [Member]
Income
Interest income	$ 0	$ 0	$ 0	$ 0
Other income	0	0	0	0
Revenues	0	0	0	0
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	0	0	0
Fund management fee, net (Note C)	0	0	0	0
General and administrative expenses	0	0	0	0
Operating expenses	0	0	0	0
NET INCOME (LOSS)	0	0	0	0
Net income (loss) allocated to assignees	0	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Series Twenty One [Member]
Income
Interest income	$ 0	$ 0	$ 0	$ 0
Other income	0	0	0	0
Revenues	0	0	0	0
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	0	0	0
Fund management fee, net (Note C)	0	0	0	0
General and administrative expenses	0	0	0	0
Operating expenses	0	0	0	0
NET INCOME (LOSS)	0	0	0	0
Net income (loss) allocated to assignees	0	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Series Twenty Two [Member]
Income
Interest income	$ 0	$ 0	$ 0	$ 0
Other income	0	0	0	0
Revenues	0	0	0	0
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	0	0	0
Fund management fee, net (Note C)	0	0	0	0
General and administrative expenses	0	0	0	0
Operating expenses	0	0	0	0
NET INCOME (LOSS)	0	0	0	0
Net income (loss) allocated to assignees	0	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Series Twenty Three [Member]
Income
Interest income	$ 0	$ 0	$ 0	$ 0
Other income	0	0	0	0
Revenues	0	0	0	0
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	0	0	0
Fund management fee, net (Note C)	0	0	0	0
General and administrative expenses	0	0	0	0
Operating expenses	0	0	0	0
NET INCOME (LOSS)	0	0	0	0
Net income (loss) allocated to assignees	0	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Series Twenty Four [Member]
Income
Interest income	$ 0	$ 894	$ 0	$ 1,683
Other income	0	0	0	1,680
Revenues	0	894	0	3,363
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	13,776	0	14,433
Fund management fee, net (Note C)	0	10,299	0	18,242
General and administrative expenses	0	5,732	0	10,515
Operating expenses	0	29,807	0	43,190
NET INCOME (LOSS)	0	(28,913)	0	(39,827)
Net income (loss) allocated to assignees	0	(28,624)	0	(39,429)
Net income (loss) allocated to general partner	$ 0	$ (289)	$ 0	$ (398)
Net income (loss) per BAC	$ 0.00	$ (0.01)	$ 0.00	$ (0.02)
Series Twenty Five [Member]
Income
Interest income	$ 0	$ 0	$ 0	$ 0
Other income	0	0	0	0
Revenues	0	0	0	0
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	0	0	0
Fund management fee, net (Note C)	0	0	0	0
General and administrative expenses	0	0	0	0
Operating expenses	0	0	0	0
NET INCOME (LOSS)	0	0	0	0
Net income (loss) allocated to assignees	0	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Series Twenty Six [Member]
Income
Interest income	$ 169	$ 1,312	$ 844	$ 2,437
Other income	0	0		420
Revenues	169	1,312	844	2,857
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	12,751	16,317	18,168	16,974
Fund management fee, net (Note C)	4,282	13,938	8,564	26,876
General and administrative expenses	8,861	8,365	15,502	15,175
Operating expenses	25,894	38,620	42,234	59,025
NET INCOME (LOSS)	(25,725)	(37,308)	(41,390)	(56,168)
Net income (loss) allocated to assignees	(25,468)	(36,935)	(40,976)	(55,606)
Net income (loss) allocated to general partner	$ (257)	$ (373)	$ (414)	$ (562)
Net income (loss) per BAC	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Series Twenty Seven [Member]
Income
Interest income	$ 0	$ 19,771	$ 0	$ 40,073
Other income	0	15,472	0	15,472
Revenues	0	35,243	0	55,545
Gain on disposition of Operating Partnerships	0	776,922	0	776,922
Expenses
Professional fees	0	11,510	0	12,167
Fund management fee, net (Note C)	0	3,635	0	8,890
General and administrative expenses	0	5,736	0	10,571
Operating expenses	0	20,881	0	31,628
NET INCOME (LOSS)	0	791,284	0	800,839
Net income (loss) allocated to assignees	0	783,372	0	792,831
Net income (loss) allocated to general partner	$ 0	$ 7,912	$ 0	$ 8,008
Net income (loss) per BAC	$ 0.00	$ 0.32	$ 0.00	$ 0.33
Series Twenty Eight [Member]
Income
Interest income	$ 0	$ 1,764	$ 0	$ 2,976
Other income	0	0	0	446
Revenues	0	1,764	0	3,422
Gain on disposition of Operating Partnerships	0	7,100	0	7,100
Expenses
Professional fees	0	13,529	0	14,186
Fund management fee, net (Note C)	0	7,296	0	12,592
General and administrative expenses	0	7,829	0	14,207
Operating expenses	0	28,654	0	40,985
NET INCOME (LOSS)	0	(19,790)	0	(30,463)
Net income (loss) allocated to assignees	0	(19,592)	0	(30,158)
Net income (loss) allocated to general partner	$ 0	$ (198)	$ 0	$ (305)
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ (0.01)
Series Twenty Nine [Member]
Income
Interest income	$ 55	$ 610	$ 250	$ 1,334
Other income	0	0
Revenues	55	610	250	1,334
Gain on disposition of Operating Partnerships	0	0	9,500
Expenses
Professional fees	8,276	15,795	13,123	16,452
Fund management fee, net (Note C)	6,651	7,260	13,505	14,520
General and administrative expenses	8,852	6,672	13,927	12,503
Operating expenses	23,779	29,727	40,555	43,475
NET INCOME (LOSS)	(23,724)	(29,117)	(30,805)	(42,141)
Net income (loss) allocated to assignees	(23,487)	(28,826)	(30,497)	(41,720)
Net income (loss) allocated to general partner	$ (237)	$ (291)	$ (308)	$ (421)
Net income (loss) per BAC	$ (0.01)	$ (0.01)	$ (0.01)	$ (0.01)
Series Thirty [Member]
Income
Interest income	$ 0	$ 0	$ 0
Other income	0	0	0
Revenues	0	0	0
Gain on disposition of Operating Partnerships	0	0	0
Expenses
Professional fees	0	0	0
Fund management fee, net (Note C)	0	0	0
General and administrative expenses	0	0	0
Operating expenses	0	0	0
NET INCOME (LOSS)	0	0	0	$ 0
Net income (loss) allocated to assignees	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00
Series Thirty One [Member]
Income
Interest income	$ 0	$ 6,536	$ 0	10,540
Other income	0	0	0
Revenues	0	6,536	0	10,540
Gain on disposition of Operating Partnerships	0	31,431	0	618,900
Expenses
Professional fees	0	19,370	0	20,027
Fund management fee, net (Note C)	0	0	0	(59,987)
General and administrative expenses	0	7,738	0	14,489
Operating expenses	0	27,108	0	(25,471)
NET INCOME (LOSS)	0	10,859	0	654,911
Net income (loss) allocated to assignees	0	10,751	0	648,362
Net income (loss) allocated to general partner	$ 0	$ 108	$ 0	$ 6,549
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.15
Series Thirty Two [Member]
Income
Interest income	$ 65	$ 1,125	$ 315	$ 2,048
Other income	10,008	4,320	10,008	4,320
Revenues	10,073	5,445	10,323	6,368
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	9,526	15,115	14,373	16,314
Fund management fee, net (Note C)	8,632	19,794	23,764	26,588
General and administrative expenses	8,867	8,155	15,465	14,855
Operating expenses	27,025	43,064	53,602	57,757
NET INCOME (LOSS)	(16,952)	(37,619)	(43,279)	(51,389)
Net income (loss) allocated to assignees	(16,782)	(37,243)	(42,846)	(50,875)
Net income (loss) allocated to general partner	$ (170)	$ (376)	$ (433)	$ (514)
Net income (loss) per BAC	$ 0.00	$ (0.01)	$ (0.01)	$ (0.01)
Series Thirty Three [Member]
Income
Interest income	$ 238	$ 937	$ 696	$ 1,800
Other income	10,008	14,427	10,008	14,427
Revenues	10,246	15,364	10,704	16,227
Gain on disposition of Operating Partnerships	0	1,442,632		1,442,632
Expenses
Professional fees	8,001	13,772	12,468	14,971
Fund management fee, net (Note C)	3,277	13,316	13,054	9,214
General and administrative expenses	8,455	6,383	13,622	11,574
Operating expenses	19,733	33,471	39,144	35,759
NET INCOME (LOSS)	(9,487)	1,424,525	(28,440)	1,423,100
Net income (loss) allocated to assignees	(9,393)	1,410,280	(28,156)	1,408,869
Net income (loss) allocated to general partner	$ (94)	$ 14,245	$ (284)	$ 14,231
Net income (loss) per BAC	$ 0.00	$ 0.54	$ (0.01)	$ 0.54
Series Thirty Four [Member]
Income
Interest income	$ 49	$ 825	$ 286	$ 1,458
Other income	0	2,100		2,100
Revenues	49	2,925	286	3,558
Gain on disposition of Operating Partnerships	0	257,500		257,500
Expenses
Professional fees	11,904	12,207	16,561	12,864
Fund management fee, net (Note C)	3,727	11,496	10,454	20,861
General and administrative expenses	8,630	6,010	14,444	11,262
Operating expenses	24,261	29,713	41,459	44,987
NET INCOME (LOSS)	(24,212)	230,712	(41,173)	216,071
Net income (loss) allocated to assignees	(23,970)	228,405	(40,761)	213,910
Net income (loss) allocated to general partner	$ (242)	$ 2,307	$ (412)	$ 2,161
Net income (loss) per BAC	$ (0.01)	$ 0.07	$ (0.01)	$ 0.06
Series Thirty Five [Member]
Income
Interest income	$ 0	$ 13,538	$ 0	$ 25,729
Other income	0	2,180	0	5,963
Revenues	0	15,718	0	31,692
Gain on disposition of Operating Partnerships	0	141,000	0	141,000
Expenses
Professional fees	0	10,813	0	11,470
Fund management fee, net (Note C)	0	9,847	0	17,300
General and administrative expenses	0	5,943	0	11,126
Operating expenses	0	26,603	0	39,896
NET INCOME (LOSS)	0	130,115	0	132,796
Net income (loss) allocated to assignees	0	128,814	0	131,468
Net income (loss) allocated to general partner	$ 0	$ 1,301	$ 0	$ 1,328
Net income (loss) per BAC	$ 0.00	$ 0.04	$ 0.00	$ 0.04
Series Thirty Six [Member]
Income
Interest income	$ 0	$ 10,538	$ 0	$ 20,501
Other income	0	0	0
Revenues	0	10,538	0	20,501
Gain on disposition of Operating Partnerships	0	0	0	476,325
Expenses
Professional fees	0	12,135	0	12,792
Fund management fee, net (Note C)	0	2,739	0	7,911
General and administrative expenses	0	6,011	0	10,850
Operating expenses	0	20,885	0	31,553
NET INCOME (LOSS)	0	(10,347)	0	465,273
Net income (loss) allocated to assignees	0	(10,244)	0	460,620
Net income (loss) allocated to general partner	$ 0	$ (103)	$ 0	$ 4,653
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.22
Series Thirty Seven [Member]
Income
Interest income	$ 0	$ 0	$ 0
Other income	0	0	0
Revenues	0	0	0
Gain on disposition of Operating Partnerships	0	0	0
Expenses
Professional fees	0	0	0
Fund management fee, net (Note C)	0	0	0
General and administrative expenses	0	0	0
Operating expenses	0	0	0
NET INCOME (LOSS)	0	0	0	$ 0
Net income (loss) allocated to assignees	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00
Series Thirty Eight [Member]
Income
Interest income	$ 0	$ 9,160	$ 0	12,362
Other income	0	5,700	0	5,700
Revenues	0	14,860	0	18,062
Gain on disposition of Operating Partnerships	0	0	0	1,463,974
Expenses
Professional fees	0	12,832	0	13,489
Fund management fee, net (Note C)	0	(258)	0	16,323
General and administrative expenses	0	5,515	0	10,188
Operating expenses	0	18,089	0	40,000
NET INCOME (LOSS)	0	(3,229)	0	1,442,036
Net income (loss) allocated to assignees	0	(3,196)	0	1,427,616
Net income (loss) allocated to general partner	$ 0	$ (33)	$ 0	$ 14,420
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.56
Series Thirty Nine [Member]
Income
Interest income	$ 0	$ 0	$ 0	$ 0
Other income	0	0	0	0
Revenues	0	0	0	0
Gain on disposition of Operating Partnerships	0	0	0	0
Expenses
Professional fees	0	0	0	0
Fund management fee, net (Note C)	0	0	0	0
General and administrative expenses	0	0	0	0
Operating expenses	0	0	0	0
NET INCOME (LOSS)	0	0	0	0
Net income (loss) allocated to assignees	0	0	0	0
Net income (loss) allocated to general partner	$ 0	$ 0	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00	$ 0.00	$ 0.00
Series Forty [Member]
Income
Interest income	$ 0	$ 637	$ 0	$ 1,332
Other income	0	6,639	0	6,639
Revenues	0	7,276	0	7,971
Gain on disposition of Operating Partnerships	0	2,554,005	0	2,554,005
Expenses
Professional fees	0	17,624	0	18,281
Fund management fee, net (Note C)	0	19,612	0	33,102
General and administrative expenses	0	5,498	0	10,152
Operating expenses	0	42,734	0	61,535
NET INCOME (LOSS)	0	2,518,547	0	2,500,441
Net income (loss) allocated to assignees	0	2,493,362	0	2,475,437
Net income (loss) allocated to general partner	$ 0	$ 25,185	$ 0	$ 25,004
Net income (loss) per BAC	$ 0.00	$ 0.95	$ 0.00	$ 0.95
Series Forty One [Member]
Income
Interest income	$ 138	$ 878	$ 519	$ 1,683
Other income	886	1,302	3,392	47,364
Revenues	1,024	2,180	3,911	49,047
Gain on disposition of Operating Partnerships	46,500	0	46,500
Expenses
Professional fees	12,851	18,902	18,838	19,559
Fund management fee, net (Note C)	25,564	31,714	51,792	52,295
General and administrative expenses	8,609	5,881	14,057	10,890
Operating expenses	47,024	56,497	84,687	82,744
NET INCOME (LOSS)	500	(54,317)	(34,276)	(33,697)
Net income (loss) allocated to assignees	495	(53,774)	(33,933)	(33,360)
Net income (loss) allocated to general partner	$ 5	$ (543)	$ (343)	$ (337)
Net income (loss) per BAC	$ 0.00	$ (0.02)	$ (0.01)	$ (0.01)
Series Forty Two [Member]
Income
Interest income	$ 612	$ 4,826	$ 1,529	$ 9,597
Other income	0	4,715		9,569
Revenues	612	9,541	1,529	19,166
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	14,817	21,209	20,424	21,866
Fund management fee, net (Note C)	19,260	23,338	38,519	45,624
General and administrative expenses	8,533	5,708	13,684	10,535
Operating expenses	42,610	50,255	72,627	78,025
NET INCOME (LOSS)	(41,998)	(40,714)	(71,098)	(58,859)
Net income (loss) allocated to assignees	(41,578)	(40,306)	(70,387)	(58,270)
Net income (loss) allocated to general partner	$ (420)	$ (408)	$ (711)	$ (589)
Net income (loss) per BAC	$ (0.02)	$ (0.01)	$ (0.03)	$ (0.02)
Series Forty Three [Member]
Income
Interest income	$ 593	$ 5,746	$ 1,812	$ 7,835
Other income	364	4,988	1,238	5,862
Revenues	957	10,734	3,050	13,697
Gain on disposition of Operating Partnerships	97,800	195,000	106,800	1,255,582
Expenses
Professional fees	15,992	24,014	22,554	24,671
Fund management fee, net (Note C)	12,676	20,125	30,254	46,236
General and administrative expenses	8,785	6,184	14,574	11,542
Operating expenses	37,453	50,323	67,382	82,449
NET INCOME (LOSS)	61,304	155,411	42,468	1,186,830
Net income (loss) allocated to assignees	60,691	153,857	42,043	1,174,962
Net income (loss) allocated to general partner	$ 613	$ 1,554	$ 425	$ 11,868
Net income (loss) per BAC	$ 0.02	$ 0.04	$ 0.01	$ 0.32
Series Forty Four [Member]
Income
Interest income	$ 106	$ 4,319	$ 527	$ 4,904
Other income	11,054	11,961	11,054	12,756
Revenues	11,160	16,280	11,581	17,660
Gain on disposition of Operating Partnerships	0	1,560,456		2,856,723
Expenses
Professional fees	11,676	14,791	17,283	15,448
Fund management fee, net (Note C)	27,041	37,351	51,136	85,282
General and administrative expenses	8,497	5,658	13,812	10,506
Operating expenses	47,214	57,800	82,231	111,236
NET INCOME (LOSS)	(36,054)	1,518,936	(70,650)	2,763,147
Net income (loss) allocated to assignees	(35,693)	1,503,747	(69,943)	2,735,516
Net income (loss) allocated to general partner	$ (361)	$ 15,189	$ (707)	$ 27,631
Net income (loss) per BAC	$ (0.01)	$ 0.56	$ (0.03)	$ 1.02
Series Forty Five [Member]
Income
Interest income	$ 137	$ 3,625	$ 506	$ 7,453
Other income	8,199	8,725	31,189	31,039
Revenues	8,336	12,350	31,695	38,492
Gain on disposition of Operating Partnerships	199,692	0	199,692
Expenses
Professional fees	30,940	31,242	39,597	31,899
Fund management fee, net (Note C)	13,068	59,591	44,572	109,435
General and administrative expenses	8,904	7,853	15,061	14,278
Operating expenses	52,912	98,686	99,230	155,612
NET INCOME (LOSS)	155,116	(86,336)	132,157	(117,120)
Net income (loss) allocated to assignees	153,564	(85,473)	130,835	(115,949)
Net income (loss) allocated to general partner	$ 1,552	$ (863)	$ 1,322	$ (1,171)
Net income (loss) per BAC	$ 0.04	$ (0.02)	$ 0.03	$ (0.03)
Series Forty Six [Member]
Income
Interest income	$ 213	$ 1,089	$ 611	$ 2,191
Other income	29,148	21,984	51,119	48,364
Revenues	29,361	23,073	51,730	50,555
Gain on disposition of Operating Partnerships	0	0	68,500
Expenses
Professional fees	17,091	19,176	23,651	19,833
Fund management fee, net (Note C)	40,909	49,999	86,072	94,470
General and administrative expenses	9,088	5,984	14,374	11,119
Operating expenses	67,088	75,159	124,097	125,422
NET INCOME (LOSS)	(37,727)	(52,086)	(3,867)	(74,867)
Net income (loss) allocated to assignees	(37,349)	(51,565)	(3,828)	(74,118)
Net income (loss) allocated to general partner	$ (378)	$ (521)	$ (39)	$ (749)
Net income (loss) per BAC	$ (0.01)	$ (0.02)	$ 0.00	$ (0.02)

XML

CONDENSED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL (DEFICIT) - USD ($)	Series Twenty [Member] Assignees [Member]	Series Twenty [Member] General Partner [Member]	Series Twenty [Member]	Series Twenty One [Member] Assignees [Member]	Series Twenty One [Member] General Partner [Member]	Series Twenty One [Member]	Series Twenty Two [Member] Assignees [Member]	Series Twenty Two [Member] General Partner [Member]	Series Twenty Two [Member]	Series Twenty Three [Member] Assignees [Member]	Series Twenty Three [Member] General Partner [Member]	Series Twenty Three [Member]	Series Twenty Four [Member] Assignees [Member]	Series Twenty Four [Member] General Partner [Member]	Series Twenty Four [Member]	Series Twenty Five [Member] Assignees [Member]	Series Twenty Five [Member] General Partner [Member]	Series Twenty Five [Member]	Series Twenty Six [Member] Assignees [Member]	Series Twenty Six [Member] General Partner [Member]	Series Twenty Six [Member]	Series Twenty Seven [Member] Assignees [Member]	Series Twenty Seven [Member] General Partner [Member]	Series Twenty Seven [Member]	Series Twenty Eight [Member] Assignees [Member]	Series Twenty Eight [Member] General Partner [Member]	Series Twenty Eight [Member]	Series Twenty Nine [Member] Assignees [Member]	Series Twenty Nine [Member] General Partner [Member]	Series Twenty Nine [Member]	Series Thirty [Member] Assignees [Member]	Series Thirty [Member] General Partner [Member]	Series Thirty [Member]	Series Thirty One [Member] Assignees [Member]	Series Thirty One [Member] General Partner [Member]	Series Thirty One [Member]	Series Thirty Two [Member] Assignees [Member]	Series Thirty Two [Member] General Partner [Member]	Series Thirty Two [Member]	Series Thirty Three [Member] Assignees [Member]	Series Thirty Three [Member] General Partner [Member]	Series Thirty Three [Member]	Series Thirty Four [Member] Assignees [Member]	Series Thirty Four [Member] General Partner [Member]	Series Thirty Four [Member]	Series Thirty Five [Member] Assignees [Member]	Series Thirty Five [Member] General Partner [Member]	Series Thirty Five [Member]	Series Thirty Six [Member] Assignees [Member]	Series Thirty Six [Member] General Partner [Member]	Series Thirty Six [Member]	Series Thirty Seven [Member] Assignees [Member]	Series Thirty Seven [Member] General Partner [Member]	Series Thirty Seven [Member]	Series Thirty Eight [Member] Assignees [Member]	Series Thirty Eight [Member] General Partner [Member]	Series Thirty Eight [Member]	Series Thirty Nine [Member] Assignees [Member]	Series Thirty Nine [Member] General Partner [Member]	Series Thirty Nine [Member]	Series Forty [Member] Assignees [Member]	Series Forty [Member] General Partner [Member]	Series Forty [Member]	Series Forty One [Member] Assignees [Member]	Series Forty One [Member] General Partner [Member]	Series Forty One [Member]	Series Forty Two [Member] Assignees [Member]	Series Forty Two [Member] General Partner [Member]	Series Forty Two [Member]	Series Forty Three [Member] Assignees [Member]	Series Forty Three [Member] General Partner [Member]	Series Forty Three [Member]	Series Forty Four [Member] Assignees [Member]	Series Forty Four [Member] General Partner [Member]	Series Forty Four [Member]	Series Forty Five [Member] Assignees [Member]	Series Forty Five [Member] General Partner [Member]	Series Forty Five [Member]	Series Forty Six [Member] Assignees [Member]	Series Forty Six [Member] General Partner [Member]	Series Forty Six [Member]	Assignees [Member]	General Partner [Member]	Total
Partners' capital (deficit), Beginning balance at Mar. 31, 2019	$ (754,767)	$ 754,767	$ 0	$ (898,231)	$ 898,231	$ 0	$ (2,448,362)	$ 2,448,362	$ 0	$ (224,264)	$ 224,264	$ 0	$ 577,250	$ (175,232)	$ 402,018	$ 219,815	$ (219,815)	$ 0	$ 867,237	$ (312,798)	$ 554,439	$ 6,641,679	$ (141,445)	$ 6,500,234	$ 965,536	$ (274,931)	$ 690,605	$ (2,513,222)	$ (367,454)	$ (2,880,676)	$ (883,119)	$ 883,119	$ 0	$ 2,313,293	$ (359,723)	$ 1,953,570	$ 458,311	$ (405,839)	$ 52,472	$ (628,268)	$ (234,407)	$ (862,675)	$ (2,186,040)	$ (325,505)	$ (2,511,545)	$ 4,633,841	$ (238,067)	$ 4,395,774	$ 2,670,150	$ (153,497)	$ 2,516,653	$ 205,359	$ (205,359)	$ 0	$ 1,702,399	$ (203,293)	$ 1,499,106	$ 196,043	$ (196,043)	$ 0	$ (1,795,123)	$ (245,348)	$ (2,040,471)	$ (1,995,553)	$ (271,842)	$ (2,267,395)	$ 1,539,351	$ (227,822)	$ 1,311,529	$ 565,339	$ (319,058)	$ 246,281	$ (2,696,719)	$ (267,086)	$ (2,963,805)	$ (1,577,434)	$ (373,168)	$ (1,950,602)	$ (1,297,719)	$ (278,504)	$ (1,576,223)	$ 3,656,782	$ (587,493)	$ 3,069,289
Net income (loss)	0	0	0	0	0	0	0	0	0	0	0	0	(10,805)	(109)	(10,914)	0	0	0	(18,671)	(189)	(18,860)	9,459	96	9,555	(10,566)	(107)	(10,673)	(12,894)	(130)	(13,024)	0	0	0	637,611	6,441	644,052	(13,632)	(138)	(13,770)	(1,411)	(14)	(1,425)	(14,495)	(146)	(14,641)	2,654	27	2,681	470,864	4,756	475,620	0	0	0	1,430,812	14,453	1,445,265	0	0	0	(17,925)	(181)	(18,106)	20,414	206	20,620	(17,964)	(181)	(18,145)	1,021,105	10,314	1,031,419	1,231,769	12,442	1,244,211	(30,476)	(308)	(30,784)	(22,553)	(228)	(22,781)	4,653,296	47,004	4,700,300
Partners' capital (deficit), Ending balance at Jun. 30, 2019	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	566,445	(175,341)	391,104	219,815	(219,815)	0	848,566	(312,987)	535,579	6,651,138	(141,349)	6,509,789	954,970	(275,038)	679,932	(2,526,116)	(367,584)	(2,893,700)	(883,119)	883,119	0	2,950,904	(353,282)	2,597,622	444,679	(405,977)	38,702	(629,679)	(234,421)	(864,100)	(2,200,535)	(325,651)	(2,526,186)	4,636,495	(238,040)	4,398,455	3,141,014	(148,741)	2,992,273	205,359	(205,359)	0	3,133,211	(188,840)	2,944,371	196,043	(196,043)	0	(1,813,048)	(245,529)	(2,058,577)	(1,975,139)	(271,636)	(2,246,775)	1,521,387	(228,003)	1,293,384	1,586,444	(308,744)	1,277,700	(1,464,950)	(254,644)	(1,719,594)	(1,607,910)	(373,476)	(1,981,386)	(1,320,272)	(278,732)	(1,599,004)	8,310,078	(540,489)	7,769,589
Partners' capital (deficit), Beginning balance at Mar. 31, 2019	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	577,250	(175,232)	402,018	219,815	(219,815)	0	867,237	(312,798)	554,439	6,641,679	(141,445)	6,500,234	965,536	(274,931)	690,605	(2,513,222)	(367,454)	(2,880,676)	(883,119)	883,119	0	2,313,293	(359,723)	1,953,570	458,311	(405,839)	52,472	(628,268)	(234,407)	(862,675)	(2,186,040)	(325,505)	(2,511,545)	4,633,841	(238,067)	4,395,774	2,670,150	(153,497)	2,516,653	205,359	(205,359)	0	1,702,399	(203,293)	1,499,106	196,043	(196,043)	0	(1,795,123)	(245,348)	(2,040,471)	(1,995,553)	(271,842)	(2,267,395)	1,539,351	(227,822)	1,311,529	565,339	(319,058)	246,281	(2,696,719)	(267,086)	(2,963,805)	(1,577,434)	(373,168)	(1,950,602)	(1,297,719)	(278,504)	(1,576,223)	3,656,782	(587,493)	3,069,289
Net income (loss)			0			0			0			0			(39,827)			0			(56,168)			800,839			(30,463)			(42,141)			0			654,911			(51,389)			1,423,100			216,071			132,796			465,273			0			1,442,036			0			2,500,441			(33,697)			(58,859)			1,186,830			2,763,147			(117,120)			(74,867)			11,080,913
Partners' capital (deficit), Ending balance at Sep. 30, 2019	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	537,821	(175,630)	362,191	219,815	(219,815)	0	811,631	(313,360)	498,271	7,434,510	(133,437)	7,301,073	935,378	(275,236)	660,142	(2,554,942)	(367,875)	(2,922,817)	(883,119)	883,119	0	2,961,655	(353,174)	2,608,481	407,436	(406,353)	1,083	780,601	(220,176)	560,425	(1,972,130)	(323,344)	(2,295,474)	4,765,309	(236,739)	4,528,570	3,130,770	(148,844)	2,981,926	205,359	(205,359)	0	3,130,015	(188,873)	2,941,142	196,043	(196,043)	0	680,314	(220,344)	459,970	(2,028,913)	(272,179)	(2,301,092)	1,481,081	(228,411)	1,252,670	1,740,301	(307,190)	1,433,111	38,797	(239,455)	(200,658)	(1,693,383)	(374,339)	(2,067,722)	(1,371,837)	(279,253)	(1,651,090)	14,626,888	(476,686)	14,150,202
Partners' capital (deficit), Beginning balance at Jun. 30, 2019	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	566,445	(175,341)	391,104	219,815	(219,815)	0	848,566	(312,987)	535,579	6,651,138	(141,349)	6,509,789	954,970	(275,038)	679,932	(2,526,116)	(367,584)	(2,893,700)	(883,119)	883,119	0	2,950,904	(353,282)	2,597,622	444,679	(405,977)	38,702	(629,679)	(234,421)	(864,100)	(2,200,535)	(325,651)	(2,526,186)	4,636,495	(238,040)	4,398,455	3,141,014	(148,741)	2,992,273	205,359	(205,359)	0	3,133,211	(188,840)	2,944,371	196,043	(196,043)	0	(1,813,048)	(245,529)	(2,058,577)	(1,975,139)	(271,636)	(2,246,775)	1,521,387	(228,003)	1,293,384	1,586,444	(308,744)	1,277,700	(1,464,950)	(254,644)	(1,719,594)	(1,607,910)	(373,476)	(1,981,386)	(1,320,272)	(278,732)	(1,599,004)	8,310,078	(540,489)	7,769,589
Net income (loss)	0	0	0	0	0	0	0	0	0	0	0	0	(28,624)	(289)	(28,913)	0	0	0	(36,935)	(373)	(37,308)	783,372	7,912	791,284	(19,592)	(198)	(19,790)	(28,826)	(291)	(29,117)	0	0	0	10,751	108	10,859	(37,243)	(376)	(37,619)	1,410,280	14,245	1,424,525	228,405	2,307	230,712	128,814	1,301	130,115	(10,244)	(103)	(10,347)	0	0	0	(3,196)	(33)	(3,229)	0	0	0	2,493,362	25,185	2,518,547	(53,774)	(543)	(54,317)	(40,306)	(408)	(40,714)	153,857	1,554	155,411	1,503,747	15,189	1,518,936	(85,473)	(863)	(86,336)	(51,565)	(521)	(52,086)	6,316,810	63,803	6,380,613
Partners' capital (deficit), Ending balance at Sep. 30, 2019	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	537,821	(175,630)	362,191	219,815	(219,815)	0	811,631	(313,360)	498,271	7,434,510	(133,437)	7,301,073	935,378	(275,236)	660,142	(2,554,942)	(367,875)	(2,922,817)	(883,119)	883,119	0	2,961,655	(353,174)	2,608,481	407,436	(406,353)	1,083	780,601	(220,176)	560,425	(1,972,130)	(323,344)	(2,295,474)	4,765,309	(236,739)	4,528,570	3,130,770	(148,844)	2,981,926	205,359	(205,359)	0	3,130,015	(188,873)	2,941,142	196,043	(196,043)	0	680,314	(220,344)	459,970	(2,028,913)	(272,179)	(2,301,092)	1,481,081	(228,411)	1,252,670	1,740,301	(307,190)	1,433,111	38,797	(239,455)	(200,658)	(1,693,383)	(374,339)	(2,067,722)	(1,371,837)	(279,253)	(1,651,090)	14,626,888	(476,686)	14,150,202
Partners' capital (deficit), Beginning balance at Mar. 31, 2020	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	173,404	(173,404)	0	219,815	(219,815)	0	888,586	(312,582)	576,004	133,264	(133,264)	0	275,140	(275,140)	0	(2,581,075)	(368,139)	(2,949,214)	(883,119)	883,119	0	353,529	(353,529)	0	514,959	(405,267)	109,692	782,102	(220,161)	561,941	(1,973,967)	(323,363)	(2,297,330)	223,088	(223,088)	0	148,221	(148,221)	0	205,359	(205,359)	0	188,889	(188,889)	0	196,043	(196,043)	0	216,900	(216,900)	0	(2,023,466)	(272,124)	(2,295,590)	1,843,687	(224,748)	1,618,939	1,723,649	(307,358)	1,416,291	192,920	(237,898)	(44,978)	(1,135,758)	(368,707)	(1,504,465)	(1,399,379)	(279,531)	(1,678,910)	(6,042,833)	(444,787)	(6,487,620)
Net income (loss)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(15,508)	(157)	(15,665)	0	0	0	0	0	0	(7,010)	(71)	(7,081)	0	0	0	0	0	0	(26,064)	(263)	(26,327)	(18,763)	(190)	(18,953)	(16,791)	(170)	(16,961)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(34,428)	(348)	(34,776)	(28,809)	(291)	(29,100)	(18,648)	(188)	(18,836)	(34,250)	(346)	(34,596)	(22,729)	(230)	(22,959)	33,521	339	33,860	(189,479)	(1,915)	(191,394)
Partners' capital (deficit), Ending balance at Jun. 30, 2020	(754,767)	754,767		(898,231)	898,231		(2,448,362)	2,448,362		(224,264)	224,264		173,404	(173,404)	0	219,815	(219,815)		873,078	(312,739)	560,339	133,264	(133,264)		275,140	(275,140)		(2,588,085)	(368,210)	(2,956,295)	(883,119)	883,119		353,529	(353,529)	0	488,895	(405,530)	83,365	763,339	(220,351)	542,988	(1,990,758)	(323,533)	(2,314,291)	223,088	(223,088)	0	148,221	(148,221)	0	205,359	(205,359)		188,889	(188,889)	0	196,043	(196,043)		216,900	(216,900)	0	(2,057,894)	(272,472)	(2,330,366)	1,814,878	(225,039)	1,589,839	1,705,001	(307,546)	1,397,455	158,670	(238,244)	(79,574)	(1,158,487)	(368,937)	(1,527,424)	(1,365,858)	(279,192)	(1,645,050)	(6,232,312)	(446,702)	(6,679,014)
Partners' capital (deficit), Beginning balance at Mar. 31, 2020	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	173,404	(173,404)	0	219,815	(219,815)	0	888,586	(312,582)	576,004	133,264	(133,264)	0	275,140	(275,140)	0	(2,581,075)	(368,139)	(2,949,214)	(883,119)	883,119	0	353,529	(353,529)	0	514,959	(405,267)	109,692	782,102	(220,161)	561,941	(1,973,967)	(323,363)	(2,297,330)	223,088	(223,088)	0	148,221	(148,221)	0	205,359	(205,359)	0	188,889	(188,889)	0	196,043	(196,043)	0	216,900	(216,900)	0	(2,023,466)	(272,124)	(2,295,590)	1,843,687	(224,748)	1,618,939	1,723,649	(307,358)	1,416,291	192,920	(237,898)	(44,978)	(1,135,758)	(368,707)	(1,504,465)	(1,399,379)	(279,531)	(1,678,910)	(6,042,833)	(444,787)	(6,487,620)
Net income (loss)			0			0			0			0			0			0			(41,390)			0			0			(30,805)			0			0			(43,279)			(28,440)			(41,173)			0			0			0			0			0			0			(34,276)			(71,098)			42,468			(70,650)			132,157			(3,867)			(190,353)
Partners' capital (deficit), Ending balance at Sep. 30, 2020	(754,767)	754,767	0	(898,231)	898,231	0	(2,448,362)	2,448,362	0	(224,264)	224,264	0	173,404	(173,404)	0	219,815	(219,815)	0	847,610	(312,996)	534,614	133,264	(133,264)	0	275,140	(275,140)	0	(2,611,572)	(368,447)	(2,980,019)	(883,119)	883,119	0	353,529	(353,529)	0	472,113	(405,700)	66,413	753,946	(220,445)	533,501	(2,014,728)	(323,775)	(2,338,503)	223,088	(223,088)	0	148,221	(148,221)	0	205,359	(205,359)	0	188,889	(188,889)	0	196,043	(196,043)	0	216,900	(216,900)	0	(2,057,399)	(272,467)	(2,329,866)	1,773,300	(225,459)	1,547,841	1,765,692	(306,933)	1,458,759	122,977	(238,605)	(115,628)	(1,004,923)	(367,385)	(1,372,308)	(1,403,207)	(279,570)	(1,682,777)	(6,231,282)	(446,691)	(6,677,973)
Partners' capital (deficit), Beginning balance at Jun. 30, 2020	(754,767)	754,767		(898,231)	898,231		(2,448,362)	2,448,362		(224,264)	224,264		173,404	(173,404)	0	219,815	(219,815)		873,078	(312,739)	560,339	133,264	(133,264)		275,140	(275,140)		(2,588,085)	(368,210)	(2,956,295)	(883,119)	883,119		353,529	(353,529)	0	488,895	(405,530)	83,365	763,339	(220,351)	542,988	(1,990,758)	(323,533)	(2,314,291)	223,088	(223,088)	0	148,221	(148,221)	0	205,359	(205,359)		188,889	(188,889)	0	196,043	(196,043)		216,900	(216,900)	0	(2,057,894)	(272,472)	(2,330,366)	1,814,878	(225,039)	1,589,839	1,705,001	(307,546)	1,397,455	158,670	(238,244)	(79,574)	(1,158,487)	(368,937)	(1,527,424)	(1,365,858)	(279,192)	(1,645,050)	(6,232,312)	(446,702)	(6,679,014)
Net income (loss)			0			0			0			0			0			0	(25,468)	(257)	(25,725)			0			0	(23,487)	(237)	(23,724)			0			0	(16,782)	(170)	(16,952)	(9,393)	(94)	(9,487)	(23,970)	(242)	(24,212)			0			0			0			0			0			0	495	5	500	(41,578)	(420)	(41,998)	60,691	613	61,304	(35,693)	(361)	(36,054)	153,564	1,552	155,116	(37,349)	(378)	(37,727)	1,030	11	1,041
Partners' capital (deficit), Ending balance at Sep. 30, 2020	$ (754,767)	$ 754,767	$ 0	$ (898,231)	$ 898,231	$ 0	$ (2,448,362)	$ 2,448,362	$ 0	$ (224,264)	$ 224,264	$ 0	$ 173,404	$ (173,404)	$ 0	$ 219,815	$ (219,815)	$ 0	$ 847,610	$ (312,996)	$ 534,614	$ 133,264	$ (133,264)	$ 0	$ 275,140	$ (275,140)	$ 0	$ (2,611,572)	$ (368,447)	$ (2,980,019)	$ (883,119)	$ 883,119	$ 0	$ 353,529	$ (353,529)	$ 0	$ 472,113	$ (405,700)	$ 66,413	$ 753,946	$ (220,445)	$ 533,501	$ (2,014,728)	$ (323,775)	$ (2,338,503)	$ 223,088	$ (223,088)	$ 0	$ 148,221	$ (148,221)	$ 0	$ 205,359	$ (205,359)	$ 0	$ 188,889	$ (188,889)	$ 0	$ 196,043	$ (196,043)	$ 0	$ 216,900	$ (216,900)	$ 0	$ (2,057,399)	$ (272,467)	$ (2,329,866)	$ 1,773,300	$ (225,459)	$ 1,547,841	$ 1,765,692	$ (306,933)	$ 1,458,759	$ 122,977	$ (238,605)	$ (115,628)	$ (1,004,923)	$ (367,385)	$ (1,372,308)	$ (1,403,207)	$ (279,570)	$ (1,682,777)	$ (6,231,282)	$ (446,691)	$ (6,677,973)

XML

CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net income (loss)	$ (190,353)	$ 11,080,913
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(430,992)	(11,850,663)
Changes in assets and liabilities
Increase in other assets	(13,650)	0
(Decrease) Increase in accounts payable and accrued expenses	9,218	(9,044)
(Decrease) Increase in accounts payable affiliates	(108,130)	(2,345,707)
Net cash provided by (used in) operating activities	(733,907)	(3,124,501)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	430,992	11,850,561
Net cash provided by investing activities	430,992	11,850,561
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(302,915)	8,726,060
Cash and cash equivalents, beginning	6,622,109	22,926,529
Cash and cash equivalents, ending	6,319,194	31,652,589
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	25,000
Series Twenty [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty One [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Two [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Three [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Four [Member]
Cash flows from operating activities:
Net income (loss)	0	(39,827)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(39,827)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	(39,827)
Cash and cash equivalents, beginning	0	402,018
Cash and cash equivalents, ending	0	362,191
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Five [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Six [Member]
Cash flows from operating activities:
Net income (loss)	(41,390)	(56,168)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	165	0
(Decrease) Increase in accounts payable affiliates	4,282	0
Net cash provided by (used in) operating activities	(36,943)	(56,168)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(36,943)	(56,168)
Cash and cash equivalents, beginning	576,004	554,439
Cash and cash equivalents, ending	539,061	498,271
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Seven [Member]
Cash flows from operating activities:
Net income (loss)	0	800,839
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(776,922)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	23,917
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	776,922
Net cash provided by investing activities	0	776,922
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	800,839
Cash and cash equivalents, beginning	0	6,500,234
Cash and cash equivalents, ending	0	7,301,073
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Eight [Member]
Cash flows from operating activities:
Net income (loss)	0	(30,463)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(7,100)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(37,563)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	7,100
Net cash provided by investing activities	0	7,100
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	(30,463)
Cash and cash equivalents, beginning	0	690,605
Cash and cash equivalents, ending	0	660,142
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Twenty Nine [Member]
Cash flows from operating activities:
Net income (loss)	(30,805)	(42,141)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(9,500)	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	159	0
(Decrease) Increase in accounts payable affiliates	13,505	14,520
Net cash provided by (used in) operating activities	(26,641)	(27,621)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	9,500	0
Net cash provided by investing activities	9,500	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(17,141)	(27,621)
Cash and cash equivalents, beginning	157,446	196,944
Cash and cash equivalents, ending	140,305	169,323
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty One [Member]
Cash flows from operating activities:
Net income (loss)	0	654,911
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(618,900)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	36,011
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	618,900
Net cash provided by investing activities	0	618,900
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	654,911
Cash and cash equivalents, beginning	0	1,953,570
Cash and cash equivalents, ending	0	2,608,481
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	25,000
Series Thirty Two [Member]
Cash flows from operating activities:
Net income (loss)	(43,279)	(51,389)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	163	0
(Decrease) Increase in accounts payable affiliates	30,264	(11,620)
Net cash provided by (used in) operating activities	(12,852)	(63,009)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(12,852)	(63,009)
Cash and cash equivalents, beginning	193,203	272,226
Cash and cash equivalents, ending	180,351	209,217
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Three [Member]
Cash flows from operating activities:
Net income (loss)	(28,440)	1,423,100
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(1,442,632)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	89	0
(Decrease) Increase in accounts payable affiliates	9,777	(1,099,287)
Net cash provided by (used in) operating activities	(18,574)	(1,118,819)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	1,442,632
Net cash provided by investing activities	0	1,442,632
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(18,574)	323,813
Cash and cash equivalents, beginning	561,941	236,612
Cash and cash equivalents, ending	543,367	560,425
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Four [Member]
Cash flows from operating activities:
Net income (loss)	(41,173)	216,071
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(257,500)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	122	0
(Decrease) Increase in accounts payable affiliates	13,454	23,861
Net cash provided by (used in) operating activities	(27,597)	(17,568)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	257,500
Net cash provided by investing activities	0	257,500
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(27,597)	239,932
Cash and cash equivalents, beginning	148,344	178,285
Cash and cash equivalents, ending	120,747	418,217
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Five [Member]
Cash flows from operating activities:
Net income (loss)	0	132,796
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(141,000)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(8,204)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	141,000
Net cash provided by investing activities	0	141,000
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	132,796
Cash and cash equivalents, beginning	0	4,395,774
Cash and cash equivalents, ending	0	4,528,570
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Six [Member]
Cash flows from operating activities:
Net income (loss)	0	465,273
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(476,325)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	(4,900)
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(15,952)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	476,325
Net cash provided by investing activities	0	476,325
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	460,373
Cash and cash equivalents, beginning	0	2,541,359
Cash and cash equivalents, ending	0	3,001,732
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Seven [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Eight [Member]
Cash flows from operating activities:
Net income (loss)	0	1,442,036
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(1,463,974)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(21,938)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	1,463,974
Net cash provided by investing activities	0	1,463,974
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	1,442,036
Cash and cash equivalents, beginning	0	1,499,106
Cash and cash equivalents, ending	0	2,941,142
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Thirty Nine [Member]
Cash flows from operating activities:
Net income (loss)	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	0
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0
Cash and cash equivalents, beginning	0	0
Cash and cash equivalents, ending	0	0
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty [Member]
Cash flows from operating activities:
Net income (loss)	0	2,500,441
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(2,554,005)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	0	(4,144)
(Decrease) Increase in accounts payable affiliates	0	(1,148,217)
Net cash provided by (used in) operating activities	0	(1,205,925)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	2,553,903
Net cash provided by investing activities	0	2,553,903
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	1,347,978
Cash and cash equivalents, beginning	0	193,344
Cash and cash equivalents, ending	0	1,541,322
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty One [Member]
Cash flows from operating activities:
Net income (loss)	(34,276)	(33,697)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(46,500)	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	2,599	0
(Decrease) Increase in accounts payable affiliates	56,378	68,154
Net cash provided by (used in) operating activities	(21,799)	34,457
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	46,500	0
Net cash provided by investing activities	46,500	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	24,701	34,457
Cash and cash equivalents, beginning	352,239	246,214
Cash and cash equivalents, ending	376,940	280,671
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty Two [Member]
Cash flows from operating activities:
Net income (loss)	(71,098)	(58,859)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	88	0
(Decrease) Increase in accounts payable affiliates	19,260	0
Net cash provided by (used in) operating activities	(51,750)	(58,859)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	0
Net cash provided by investing activities	0	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(51,750)	(58,859)
Cash and cash equivalents, beginning	1,607,893	1,300,483
Cash and cash equivalents, ending	1,556,143	1,241,624
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty Three [Member]
Cash flows from operating activities:
Net income (loss)	42,468	1,186,830
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(106,800)	(1,255,582)
Changes in assets and liabilities
Increase in other assets	(13,650)	0
(Decrease) Increase in accounts payable and accrued expenses	15,996	0
(Decrease) Increase in accounts payable affiliates	19,371	(168,259)
Net cash provided by (used in) operating activities	(42,615)	(237,011)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	106,800	1,255,582
Net cash provided by investing activities	106,800	1,255,582
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	64,185	1,018,571
Cash and cash equivalents, beginning	1,416,291	414,540
Cash and cash equivalents, ending	1,480,476	1,433,111
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty Four [Member]
Cash flows from operating activities:
Net income (loss)	(70,650)	2,763,147
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(2,856,723)
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	(3,907)	0
(Decrease) Increase in accounts payable affiliates	60,630	(132,745)
Net cash provided by (used in) operating activities	(13,927)	(226,321)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	2,856,723
Net cash provided by investing activities	0	2,856,723
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(13,927)	2,630,402
Cash and cash equivalents, beginning	321,693	113,020
Cash and cash equivalents, ending	307,766	2,743,422
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty Five [Member]
Cash flows from operating activities:
Net income (loss)	132,157	(117,120)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(199,692)	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	(6,360)	0
(Decrease) Increase in accounts payable affiliates	(429,873)	3,288
Net cash provided by (used in) operating activities	(503,768)	(113,832)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	199,692	0
Net cash provided by investing activities	199,692	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(304,076)	(113,832)
Cash and cash equivalents, beginning	859,371	916,581
Cash and cash equivalents, ending	555,295	802,749
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	0	0
Series Forty Six [Member]
Cash flows from operating activities:
Net income (loss)	(3,867)	(74,867)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(68,500)	0
Changes in assets and liabilities
Increase in other assets	0	0
(Decrease) Increase in accounts payable and accrued expenses	104	0
(Decrease) Increase in accounts payable affiliates	94,822	104,598
Net cash provided by (used in) operating activities	22,559	29,731
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	68,500	0
Net cash provided by investing activities	68,500	0
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	91,059	29,731
Cash and cash equivalents, beginning	427,684	321,175
Cash and cash equivalents, ending	518,743	350,906
Supplemental schedule of noncash investing and financing activities:
The Fund applied notes receivable and advances to its capital contribution obligation to Operating Partnerships.	$ 0	$ 0

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ORGANIZATION

6 Months Ended

Sep. 30, 2020

ORGANIZATION

ORGANIZATION

NOTE A – ORGANIZATION

Boston Capital Tax Credit Fund IV L.P. (the "Fund") was organized under the laws of the State of Delaware as of October 5, 1993, for the purpose of acquiring, holding, and disposing of limited partnership interests in operating partnerships which will acquire, develop, rehabilitate, operate and own newly constructed, existing or rehabilitated low-income apartment complexes ("Operating Partnerships"). Effective as of June 1, 2001 there was a restructuring and, as a result, the Fund’s general partner was reorganized as follows. The general partner of the Fund continues to be Boston Capital Associates IV L.P., a Delaware limited partnership. The general partner of the general partner of the Fund is BCA Associates Limited Partnership, a Massachusetts limited partnership, whose sole general partner is C&M Management, Inc., a Massachusetts corporation and whose limited partners are Herbert F. Collins and John P. Manning. Mr. Manning is the principal of Boston Capital Partners, Inc. The limited partner of the general partner of the Fund is Capital Investment Holdings, a general partnership whose partners are various officers and employees of Boston Capital Partners, Inc. and its affiliates. The assignor limited partner is BCTC IV Assignor Corp., a Delaware corporation which is now wholly-owned by John P. Manning.

Pursuant to the Securities Act of 1933, the Fund filed a Form S‑11 Registration Statement with the Securities and Exchange Commission, effective December 16, 1993, which covered the offering (the "Public Offering") of the Fund’s beneficial assignee certificates ("BACs") representing assignments of units of the beneficial interest of the limited partnership interest of the assignor limited partner. The Fund registered 30,000,000 BACs at $10 per BAC for sale to the public in one or more series. On April 18, 1996, an amendment to Form S‑11 which registered an additional 10,000,000 BACs for sale to the public in one or more series became effective. On April 2, 1998, an amendment to Form S‑11, which registered an additional 25,000,000 BACs for sale to the public in one or more series, became effective. On August 31, 1999, an amendment to Form S‑11, which registered an additional 8,000,000 BACs for sale to the public in one or more series, became effective. On July 26, 2000, an amendment to Form S‑11, which registered an additional 7,500,000 BACs for sale to the public in one or more series, became effective. On July 24, 2001, an amendment to Form S‑11, which registered an additional 7,000,000 BACs for sale to the public in one or more series, became effective. On July 24, 2002, an amendment to Form S–11, which registered an additional 7,000,000 BACs for sale to the public, became effective. On July 1, 2003, an amendment to Form S–11, which registered an additional 7,000,000 BACs for sale to the public, became effective.

Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing:

Series	Closing Date	BACs Sold	Equity Raised
Series 20	June 24, 1994	3,866,700	$	38,667,000
Series 21	December 31, 1994	1,892,700	$	18,927,000
Series 22	December 28, 1994	2,564,400	$	25,644,000
Series 23	June 23, 1995	3,336,727	$	33,366,000
Series 24	September 22, 1995	2,169,878	$	21,697,000
Series 25	December 29, 1995	3,026,109	$	30,248,000
Series 26	June 25, 1996	3,995,900	$	39,959,000
Series 27	September 17, 1996	2,460,700	$	24,607,000
Series 28	January 29, 1997	4,000,738	$	39,999,000
Series 29	June 10, 1997	3,991,800	$	39,918,000
Series 30	September 10, 1997	2,651,000	$	26,490,750
Series 31	January 18, 1998	4,417,857	$	44,057,750
Series 32	June 23, 1998	4,754,198	$	47,431,000
Series 33	September 21, 1998	2,636,533	$	26,362,000
Series 34	February 11, 1999	3,529,319	$	35,273,000
Series 35	June 28, 1999	3,300,463	$	33,004,630
Series 36	September 28, 1999	2,106,838	$	21,068,375
Series 37	January 28, 2000	2,512,500	$	25,125,000
Series 38	July 31, 2000	2,543,100	$	25,431,000
Series 39	January 31, 2001	2,292,151	$	22,921,000
Series 40	July 31, 2001	2,630,256	$	26,269,256
Series 41	January 31, 2002	2,891,626	$	28,916,260
Series 42	July 31, 2002	2,744,262	$	27,442,620
Series 43	December 31, 2002	3,637,987	$	36,379,870
Series 44	April 30, 2003	2,701,973	$	27,019,730
Series 45	September 16, 2003	4,014,367	$	40,143,670
Series 46	December 19, 2003	2,980,998	$	29,809,980

The Fund concluded its public offering of BACs in the Fund on December 19, 2003.

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ACCOUNTING AND FINANCIAL REPORTING POLICIES

6 Months Ended

Sep. 30, 2020

ACCOUNTING AND FINANCIAL REPORTING POLICIES

ACCOUNTING AND FINANCIAL REPORTING POLICIES

NOTE B - ACCOUNTING AND FINANCIAL REPORTING POLICIES

The condensed financial statements herein as of September 30, 2020 and for the three and six months then ended have been prepared by the Fund, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission. The Fund accounts for its investments in Operating Partnerships using the equity method, whereby the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. Costs incurred by the Fund in acquiring the investments in the Operating Partnerships are capitalized to the investment account.

The Fund’s accounting and financial reporting policies are in conformity with generally accepted accounting principles and include adjustments in interim periods considered necessary for a fair presentation of the results of operations. Such adjustments are of a normal recurring nature. Certain information and footnote disclosures normally included in financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted pursuant to these rules and regulations. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Fund’s Annual Report on Form 10‑K for the fiscal year ended March 31, 2020.

XML

RELATED PARTY TRANSACTIONS

6 Months Ended

Sep. 30, 2020

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS

NOTE C - RELATED PARTY TRANSACTIONS

The Fund has entered into several transactions with various affiliates of the general partner of the Fund, including Boston Capital Holdings Limited Partnership, Boston Capital Securities, Inc., and Boston Capital Asset Management Limited Partnership as follows:

An annual fund management fee of .5 percent of the aggregate cost of all apartment complexes owned by the Operating Partnerships has been accrued to Boston Capital Asset Management Limited Partnership. Since reporting fees collected by the various series were added to reserves and not paid to Boston Capital Asset Management Limited Partnership, the amounts accrued are not net of reporting fees received. The fund management fees accrued for the quarters ended September 30, 2020 and 2019, are as follows:

	2020		2019
Series 20	$	–	$	–
Series 21		–		–
Series 22		–		–
Series 23		–		–
Series 24		–		10,299
Series 25		–		–
Series 26		4,282		13,938
Series 27		–		7,635
Series 28		–		7,296
Series 29		6,651		7,260
Series 30		–		–
Series 31		–		–
Series 32		15,132		19,794
Series 33		9,777		13,316
Series 34		6,727		11,496
Series 35		–		9,847
Series 36		–		2,739
Series 37		–		–
Series 38		–		2,742
Series 39		–		–
Series 40		–		19,612
Series 41		27,857		34,077
Series 42		19,260		23,790
Series 43		19,371		24,400
Series 44		30,315		48,187
Series 45		38,900		59,644
Series 46		46,333		52,299
	$	224,605	$	368,371

The fund management fees paid for the six months ended September 30, 2020 and 2019 are as follows:

	2020		2019
Series 24	$	–	$	20,598
Series 26		4,282		27,876
Series 27		–		15,270
Series 28		–		14,592
Series 31		–		4,308
Series 32		–		51,208
Series 33		9,777		1,125,921
Series 35		–		20,500
Series 36		–		7,911
Series 38		–		19,323
Series 40		–		1,188,699
Series 42		19,259		47,580
Series 43		21,348		223,770
Series 45		507,673		116,000
	$	562,339	$	2,883,556

XML

INVESTMENTS IN OPERATING PARTNERSHIPS

6 Months Ended

Sep. 30, 2020

INVESTMENTS IN OPERATING PARTNERSHIPS

INVESTMENTS IN OPERATING PARTNERSHIPS

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS

At September 30, 2020 and 2019, the Fund has limited partnership interests in 55 and 112 Operating Partnerships, respectively, which own or are constructing apartment complexes.

The breakdown of Operating Partnerships within the Fund at September 30, 2020 and 2019 are as follows:

	2020	2019
Series 20	–	–
Series 21	–	–
Series 22	–	–
Series 23	–	–
Series 24	–	4
Series 25	–	–
Series 26	3	8
Series 27	–	2
Series 28	–	3
Series 29	4	5
Series 30	–	–
Series 31	–	–
Series 32	3	5
Series 33	2	2
Series 34	2	3
Series 35	–	1
Series 36	–	1
Series 37	–	–
Series 38	–	1
Series 39	–	–
Series 40	–	5
Series 41	7	11
Series 42	6	9
Series 43	3	11
Series 44	3	5
Series 45	11	22
Series 46	11	14
	55	112

Under the terms of the Fund’s investment in each Operating Partnership, the Fund is required to make capital contributions to the Operating Partnerships. These contributions are payable in installments over several years upon each Operating Partnership achieving specified levels of construction and/or operations. The contributions payable at September 30, 2020 and 2019, are as follows:

	2020		2019
Series 29	$	785	$	785
Series 32		–		1,229
Series 42		254		254
Series 45		–		16,724
	$	1,039	$	18,992

During the six months ended September 30, 2020 the Fund disposed of thireen Operating Partnerships. A summary of the dispositions by Series for September 30, 2020 is as follows:

	Operating	Sale of
	Partnership	Underlying	Fund Proceeds
	Interest	Operating	from		Gain on
	Transferred	Partnership	Disposition		Disposition
Series 29	1	—	$	9,500	$	9,500
Series 41	1	—		46,500		46,500
Series 43	8	—		106,800		106,800
Series 45	1	1		199,692		199,692
Series 46	1	—		68,500		68,500
Total	12	1	$	430,992	$	430,992

During the six months ended September 30, 2019 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by Series for September 30, 2019 is as follows:

	Operating	Sale of
	Partnership	Underlying	Fund Proceeds
	Interest	Operating	from		Gain on
	Transferred	Partnership	Disposition *		Disposition
Series 27	–	1	$	776,922	$	776,922
Series 28	1	-		7,100		7,100
Series 31	–	1		618,900		618,900
Series 33	–	1		1,442,632		1,442,632
Series 34	1	–		257,500		257,500
Series 35	1	–		141,000		141,000
Series 36	–	1		476,325		476,325
Series 38	1	1		1,463,974		1,463,974
Series 40	1	1		2,553,903		2,554,005
Series 43	1	1		1,255,582		1,255,582
Series 44	–	2		2,856,723		2,856,723
Total	6	9	$	11,850,561	$	11,850,663

* Fund proceeds from disposition does not include $102, which was due to a writeoff of capital contribution payable as of September 30, 2019, for Series 40.

The gain described above is for financial statement purposes only. There are significant differences between the equity method of accounting and the tax reporting of income and losses from Operating Partnership investments. The largest difference is the ability, for tax purposes, to deduct losses in excess of the Fund’s investment in the Operating Partnership. As a result, the amount of gain recognized for tax purposes may be significantly higher than the gain recorded in the financial statements.

The Fund’s fiscal year ends March 31st for each year, while all the Operating Partnerships’ fiscal years are the calendar year. Pursuant to the provisions of each Operating Partnership Agreement, financial results for each of the Operating Partnerships are provided to the Fund within 45 days after the close of each Operating Partnership’s quarterly period. Accordingly, the current financial results available for the Operating Partnerships are for the six months ended June 30, 2020.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended September 30,

(Unaudited)

	2020		2019
Revenues
Rental	$	10,846,001	$	17,098,171
Interest and other		247,297		414,231
		11,093,298		17,512,402
Expenses
Interest		1,972,450		2,779,787
Depreciation and amortization		2,456,942		4,213,607
Operating expenses		7,446,917		12,566,968
		11,876,309		19,560,362
NET INCOME (LOSS)	$	(783,011)	$	(2,047,960)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(775,180)	$	(2,027,484)
Net income (loss) allocated to other Partners	$	(7,831)	$	(20,476)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended March 31,

(Unaudited)

Series 20

	2020		2019
Revenues
Rental	$	–	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 21

	2020		2019
Revenues
Rental	$	–	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 22

	2020		2019
Revenues
Rental	$	-	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 23

	2020		2019
Revenues
Rental	$	-	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 24

	2020		2019
Revenues
Rental	$	–	$	422,317
Interest and other		–		19,531
		–		441,848
Expenses
Interest		–		36,469
Depreciation and amortization		–		118,903
Operating expenses		–		354,705
		–		510,077
NET INCOME (LOSS)	$	–	$	(68,229)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(67,547)
Net income (loss) allocated to other Partners	$	–	$	(682)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 25

	2020		2019
Revenues
Rental	$	–	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 26

	2020		2019
Revenues
Rental	$	217,139	$	605,212
Interest and other		2,449		9,506
		219,588		614,718
Expenses
Interest		27,332		106,883
Depreciation and amortization		55,156		157,288
Operating expenses		222,991		569,196
		305,479		833,367
NET INCOME (LOSS)	$	(85,891)	$	(218,649)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(85,032)	$	(216,463)
Net income (loss) allocated to other Partners	$	(859)	$	(2,186)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 27

	2020		2019
Revenues
Rental	$	–	$	211,201
Interest and other		–		125
		–		211,326
Expenses
Interest		–		6,529
Depreciation and amortization		–		67,956
Operating expenses		–		210,794
		–		285,279
NET INCOME (LOSS)	$	–	$	(73,953)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(73,213)
Net income (loss) allocated to other Partners	$	–	$	(740)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 28

	2020		2019
Revenues
Rental	$	–	$	263,303
Interest and other		–		8,837
		–		272,140
Expenses
Interest		–		64,522
Depreciation and amortization		–		69,046
Operating expenses		–		209,346
		–		342,914
NET INCOME (LOSS)	$	–	$	(70,774)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(70,068)
Net income (loss) allocated to other  Partners	$	–	$	(706)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 29

	2020		2019
Revenues
Rental	$	417,945	$	464,228
Interest and other		12,890		43,983
		430,835		508,211
Expenses
Interest		67,252		79,653
Depreciation and amortization		74,363		92,325
Operating expenses		369,978		421,661
		511,593		593,639
NET INCOME (LOSS)	$	(80,758)	$	(85,428)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(79,950)	$	(84,574)
Net income (loss) allocated to other Partners	$	(808)	$	(854)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 30

	2020		2019
Revenues
Rental	$	—	$	–
Interest and other		—		–
		—		–
Expenses
Interest		—		–
Depreciation and amortization		—		–
Operating expenses		—		–
		—		–
NET INCOME (LOSS)	$	—	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	–
Net income (loss) allocated to other Partners	$	—	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 31

	2020		2019
Revenues
Rental	$	—	$	–
Interest and other		—		–
		—		–
Expenses
Interest		—		–
Depreciation and amortization		—		–
Operating expenses		—		–
		—		–
NET INCOME (LOSS)	$	—	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	–
Net income (loss) allocated to other Partners	$	—	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 32

	2020		2019
Revenues
Rental	$	585,243	$	761,862
Interest and other		9,746		13,701
		594,989		775,563
Expenses
Interest		88,374		125,371
Depreciation and amortization		174,189		219,045
Operating expenses		501,400		613,804
		763,963		958,220
NET INCOME (LOSS)	$	(168,974)	$	(182,657)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(167,284)	$	(180,830)
Net income (loss) allocated to other Partners	$	(1,690)	$	(1,827)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 33

	2020		2019
Revenues
Rental	$	448,911	$	416,301
Interest and other		15,830		13,138
		464,741		429,439
Expenses
Interest		74,656		79,953
Depreciation and amortization		96,068		100,726
Operating expenses		345,562		307,186
		516,286		487,865
NET INCOME (LOSS)	$	(51,545)	$	(58,426)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(51,030)	$	(57,842)
Net income (loss) allocated to other Partners	$	(515)	$	(584)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 34

	2020		2019
Revenues
Rental	$	326,724	$	408,120
Interest and other		11,341		15,105
		338,065		423,225
Expenses
Interest		49,965		54,704
Depreciation and amortization		76,498		106,772
Operating expenses		280,893		362,170
		407,356		523,646
NET INCOME (LOSS)	$	(69,291)	$	(100,421)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(68,598)	$	(99,417)
Net income (loss) allocated to other Partners	$	(693)	$	(1,004)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 35

	2020		2019
Revenues
Rental	$	–	$	404,488
Interest and other		–		2,157
		–		406,645
Expenses
Interest		–		58,450
Depreciation and amortization		–		131,653
Operating expenses		–		218,081
		–		408,184
NET INCOME (LOSS)	$	–	$	(1,539)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(1,524)
Net income (loss) allocated to other Partners	$	–	$	(15)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 36

	2020		2019
Revenues
Rental	$	–	$	88,773
Interest and other		–		810
		–		89,583
Expenses
Interest		–		21,196
Depreciation and amortization		–		27,363
Operating expenses		–		85,948
		–		134,507
NET INCOME (LOSS)	$	–	$	(44,924)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(44,475)
Net income (loss) allocated to other Partners	$	–	$	(449)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 37

	2020		2019
Revenues
Rental	$	—	$	–
Interest and other		—		–
		—		–
Expenses
Interest		—		–
Depreciation and amortization		—		–
Operating expenses		—		–
		—		–
NET INCOME (LOSS)	$	—	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	–
Net income (loss) allocated to other Partners	$	—	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 38

	2019		2018
Revenues
Rental	$	–	$	115,212
Interest and other		–		887
		–		116,099
Expenses
Interest		–		13,168
Depreciation and amortization		–		27,635
Operating expenses		–		99,031
		–		139,834
NET INCOME (LOSS)	$	–	$	(23,735)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(23,498)
Net income (loss) allocated to other Partners	$	–	$	(237)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 39

	2020		2019
Revenues
Rental	$	—	$	—
Interest and other		—		—
		—		—
Expenses
Interest		—		—
Depreciation and amortization		—		—
Operating expenses		—		—
		—		—
NET INCOME (LOSS)	$	—	$	—
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	—
Net income (loss) allocated to other Partners	$	—	$	—

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 40

	2020		2019
Revenues
Rental	$	–	$	486,308
Interest and other		–		9,251
		–		495,559
Expenses
Interest		–		80,247
Depreciation and amortization		–		122,649
Operating expenses		–		362,884
		–		565,780
NET INCOME (LOSS)	$	–	$	(70,221)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(69,519)
Net income (loss) allocated to other Partners	$	–	$	(702)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 41

	2020		2019
Revenues
Rental	$	1,524,961	$	1,780,047
Interest and other		38,570		31,950
		1,563,531		1,811,997
Expenses
Interest		275,662		283,344
Depreciation and amortization		280,652		368,462
Operating expenses		1,014,090		1,294,393
		1,570,404		1,946,199
NET INCOME (LOSS)	$	(6,873)	$	(134,202)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(6,804)	$	(132,860)
Net income (loss) allocated to other Partners	$	(69)	$	(1,342)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 42

	2020		2019
Revenues
Rental	$	964,900	$	1,131,169
Interest and other		44,353		42,952
		1,009,253		1,174,121
Expenses
Interest		187,840		217,395
Depreciation and amortization		244,575		323,583
Operating expenses		781,356		851,969
		1,213,771		1,392,947
NET INCOME (LOSS)	$	(204,518)	$	(218,826)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(202,473)	$	(216,638)
Net income (loss) allocated to other Partners	$	(2,045)	$	(2,188)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 43

	2020		2019
Revenues
Rental	$	430,480	$	1,312,145
Interest and other		13,457		36,262
		443,937		1,348,407
Expenses
Interest		31,491		113,547
Depreciation and amortization		170,133		372,693
Operating expenses		396,077		1,068,124
		597,701		1,554,364
NET INCOME (LOSS)	$	(153,764)	$	(205,957)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(152,226)	$	(203,897)
Net income (loss) allocated to other Partners	$	(1,538)	$	(2,060)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 44

	2020		2019
Revenues
Rental	$	1,817,906	$	2,449,364
Interest and other		20,511		51,200
		1,838,417		2,500,564
Expenses
Interest		435,314		553,571
Depreciation and amortization		339,618		513,484
Operating expenses		786,743		1,447,637
		1,561,675		2,514,692
NET INCOME (LOSS)	$	276,742	$	(14,128)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	273,975	$	(13,987)
Net income (loss) allocated to other Partners	$	2,767	$	(141)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 45

	2020		2019
Revenues
Rental	$	1,786,650	$	3,290,532
Interest and other		24,785		76,870
		1,811,435		3,367,402
Expenses
Interest		270,649		404,349
Depreciation and amortization		447,266		826,542
Operating expenses		1,302,011		2,560,676
		2,019,926		3,791,567
NET INCOME (LOSS)	$	(208,491)	$	(424,165)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(206,406)	$	(419,923)
Net income (loss) allocated to other Partners	$	(2,085)	$	(4,242)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 46

	2020		2019
Revenues
Rental	$	2,325,142	$	2,487,589
Interest and other		53,365		37,966
		2,378,507		2,525,555
Expenses
Interest		463,915		480,436
Depreciation and amortization		498,424		567,482
Operating expenses		1,445,816		1,529,363
		2,408,155		2,577,281
NET INCOME (LOSS)	$	(29,648)	$	(51,726)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(29,352)	$	(51,209)
Net income (loss) allocated to other Partners	$	(296)	$	(517)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

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TAXABLE LOSS

6 Months Ended

Sep. 30, 2020

TAXABLE LOSS

TAXABLE LOSS

NOTE E - TAXABLE LOSS

The Fund’s taxable loss is expected to differ from its loss for financial reporting purposes. This is primarily due to accounting differences in depreciation incurred by the Operating Partnerships and also differences between the equity method of accounting and the IRS accounting methods.

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INCOME TAXES

6 Months Ended

Sep. 30, 2020

INCOME TAXES

INCOME TAXES

NOTE F - INCOME TAXES

The Fund has elected to be treated as a pass-through entity for income tax purposes and, as such, is not subject to income taxes. Rather, all items of taxable income, deductions and tax credits are passed through to and are reported by its owners on their respective income tax returns. The Fund’s federal tax status as a pass-through entity is based on its legal status as a partnership. Accordingly, the Fund is not required to take any tax positions in order to qualify as a pass-through entity. The Fund is required to file and does file tax returns with the Internal Revenue Service and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Fund has no other tax positions, which must be considered for disclosure. Income tax returns filed by the Fund are subject to examination by the Internal Revenue Service for a period of three years. While no income tax returns are currently being examined by the Internal Revenue Service, tax years since 2016 remain open.

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CONTINGENCY

6 Months Ended

Sep. 30, 2020

CONTINGENCY

CONTINGENCY

NOTE G – CONTINGENCY

The spread of a novel strain of coronavirus (COVID-19) has caused significant business disruptions in the United States beginning February 2020. The economic impact of the business disruptions caused by COVID-19 is uncertain. The extent of any effects these disruptions may have on the operations and financial performance of the Partnership will depend on future developments, including possible impacts on the operations of the underlying real estate of its investments, which cannot be determined.

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SUBSEQUENT EVENTS

6 Months Ended

Sep. 30, 2020

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE H - SUBSEQUENT EVENTS

Subsequent to September 30, 2020, the Fund has entered into an agreement to transfer the interest in four operating limited partnerships. The estimated transfer price and other terms for the dispositions of the operating limited partnerships have been determined. The estimated proceeds to be received for the operating limited partnerships are $207,500. The estimated gain on the transfer of the operating limited partnerships are $173,700 and are expected to be recognized in the third quarter of fiscal year ending March 31, 2021.

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ORGANIZATION (Tables)

6 Months Ended

Sep. 30, 2020

ORGANIZATION

Schedule of BACs sold and total equity

Below is a summary of the BACs sold and total equity raised, by series, as of the date of this filing:

Series	Closing Date	BACs Sold	Equity Raised
Series 20	June 24, 1994	3,866,700	$	38,667,000
Series 21	December 31, 1994	1,892,700	$	18,927,000
Series 22	December 28, 1994	2,564,400	$	25,644,000
Series 23	June 23, 1995	3,336,727	$	33,366,000
Series 24	September 22, 1995	2,169,878	$	21,697,000
Series 25	December 29, 1995	3,026,109	$	30,248,000
Series 26	June 25, 1996	3,995,900	$	39,959,000
Series 27	September 17, 1996	2,460,700	$	24,607,000
Series 28	January 29, 1997	4,000,738	$	39,999,000
Series 29	June 10, 1997	3,991,800	$	39,918,000
Series 30	September 10, 1997	2,651,000	$	26,490,750
Series 31	January 18, 1998	4,417,857	$	44,057,750
Series 32	June 23, 1998	4,754,198	$	47,431,000
Series 33	September 21, 1998	2,636,533	$	26,362,000
Series 34	February 11, 1999	3,529,319	$	35,273,000
Series 35	June 28, 1999	3,300,463	$	33,004,630
Series 36	September 28, 1999	2,106,838	$	21,068,375
Series 37	January 28, 2000	2,512,500	$	25,125,000
Series 38	July 31, 2000	2,543,100	$	25,431,000
Series 39	January 31, 2001	2,292,151	$	22,921,000
Series 40	July 31, 2001	2,630,256	$	26,269,256
Series 41	January 31, 2002	2,891,626	$	28,916,260
Series 42	July 31, 2002	2,744,262	$	27,442,620
Series 43	December 31, 2002	3,637,987	$	36,379,870
Series 44	April 30, 2003	2,701,973	$	27,019,730
Series 45	September 16, 2003	4,014,367	$	40,143,670
Series 46	December 19, 2003	2,980,998	$	29,809,980

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RELATED PARTY TRANSACTIONS (Tables)

6 Months Ended

Sep. 30, 2020

RELATED PARTY TRANSACTIONS

Schedule of fund management fees accrued

The fund management fees accrued for the quarters ended September 30, 2020 and 2019, are as follows:

	2020		2019
Series 20	$	–	$	–
Series 21		–		–
Series 22		–		–
Series 23		–		–
Series 24		–		10,299
Series 25		–		–
Series 26		4,282		13,938
Series 27		–		7,635
Series 28		–		7,296
Series 29		6,651		7,260
Series 30		–		–
Series 31		–		–
Series 32		15,132		19,794
Series 33		9,777		13,316
Series 34		6,727		11,496
Series 35		–		9,847
Series 36		–		2,739
Series 37		–		–
Series 38		–		2,742
Series 39		–		–
Series 40		–		19,612
Series 41		27,857		34,077
Series 42		19,260		23,790
Series 43		19,371		24,400
Series 44		30,315		48,187
Series 45		38,900		59,644
Series 46		46,333		52,299
	$	224,605	$	368,371

Schedule of management fees paid

The fund management fees paid for the six months ended September 30, 2020 and 2019 are as follows:

	2020		2019
Series 24	$	–	$	20,598
Series 26		4,282		27,876
Series 27		–		15,270
Series 28		–		14,592
Series 31		–		4,308
Series 32		–		51,208
Series 33		9,777		1,125,921
Series 35		–		20,500
Series 36		–		7,911
Series 38		–		19,323
Series 40		–		1,188,699
Series 42		19,259		47,580
Series 43		21,348		223,770
Series 45		507,673		116,000
	$	562,339	$	2,883,556

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INVESTMENTS IN OPERATING PARTNERSHIPS (Tables)

6 Months Ended

Sep. 30, 2020

INVESTMENTS IN OPERATING PARTNERSHIPS

Schedule of operating partnerships within the fund

The breakdown of Operating Partnerships within the Fund at September 30, 2020 and 2019 are as follows:

	2020	2019
Series 20	–	–
Series 21	–	–
Series 22	–	–
Series 23	–	–
Series 24	–	4
Series 25	–	–
Series 26	3	8
Series 27	–	2
Series 28	–	3
Series 29	4	5
Series 30	–	–
Series 31	–	–
Series 32	3	5
Series 33	2	2
Series 34	2	3
Series 35	–	1
Series 36	–	1
Series 37	–	–
Series 38	–	1
Series 39	–	–
Series 40	–	5
Series 41	7	11
Series 42	6	9
Series 43	3	11
Series 44	3	5
Series 45	11	22
Series 46	11	14
	55	112

Schedule of contributions payable

The contributions payable at September 30, 2020 and 2019, are as follows:

	2020		2019
Series 29	$	785	$	785
Series 32		–		1,229
Series 42		254		254
Series 45		–		16,724
	$	1,039	$	18,992

Schedule of dispositions by series

During the six months ended September 30, 2020 the Fund disposed of thireen Operating Partnerships. A summary of the dispositions by Series for September 30, 2020 is as follows:

	Operating	Sale of
	Partnership	Underlying	Fund Proceeds
	Interest	Operating	from		Gain on
	Transferred	Partnership	Disposition		Disposition
Series 29	1	—	$	9,500	$	9,500
Series 41	1	—		46,500		46,500
Series 43	8	—		106,800		106,800
Series 45	1	1		199,692		199,692
Series 46	1	—		68,500		68,500
Total	12	1	$	430,992	$	430,992

During the six months ended September 30, 2019 the Fund disposed of fifteen Operating Partnerships. A summary of the dispositions by Series for September 30, 2019 is as follows:

	Operating	Sale of
	Partnership	Underlying	Fund Proceeds
	Interest	Operating	from		Gain on
	Transferred	Partnership	Disposition *		Disposition
Series 27	–	1	$	776,922	$	776,922
Series 28	1	-		7,100		7,100
Series 31	–	1		618,900		618,900
Series 33	–	1		1,442,632		1,442,632
Series 34	1	–		257,500		257,500
Series 35	1	–		141,000		141,000
Series 36	–	1		476,325		476,325
Series 38	1	1		1,463,974		1,463,974
Series 40	1	1		2,553,903		2,554,005
Series 43	1	1		1,255,582		1,255,582
Series 44	–	2		2,856,723		2,856,723
Total	6	9	$	11,850,561	$	11,850,663

* Fund proceeds from disposition does not include $102, which was due to a writeoff of capital contribution payable as of September 30, 2019, for Series 40.

Schedule of summarized statement of operations in operating partnerships.

Accordingly, the current financial results available for the Operating Partnerships are for the six months ended June 30, 2020.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended September 30,

(Unaudited)

	2020		2019
Revenues
Rental	$	10,846,001	$	17,098,171
Interest and other		247,297		414,231
		11,093,298		17,512,402
Expenses
Interest		1,972,450		2,779,787
Depreciation and amortization		2,456,942		4,213,607
Operating expenses		7,446,917		12,566,968
		11,876,309		19,560,362
NET INCOME (LOSS)	$	(783,011)	$	(2,047,960)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(775,180)	$	(2,027,484)
Net income (loss) allocated to other Partners	$	(7,831)	$	(20,476)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended March 31,

(Unaudited)

Series 20

	2020		2019
Revenues
Rental	$	–	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 21

	2020		2019
Revenues
Rental	$	–	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 22

	2020		2019
Revenues
Rental	$	-	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 23

	2020		2019
Revenues
Rental	$	-	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 24

	2020		2019
Revenues
Rental	$	–	$	422,317
Interest and other		–		19,531
		–		441,848
Expenses
Interest		–		36,469
Depreciation and amortization		–		118,903
Operating expenses		–		354,705
		–		510,077
NET INCOME (LOSS)	$	–	$	(68,229)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(67,547)
Net income (loss) allocated to other Partners	$	–	$	(682)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 25

	2020		2019
Revenues
Rental	$	–	$	–
Interest and other		–		–
		–		–
Expenses
Interest		–		–
Depreciation and amortization		–		–
Operating expenses		–		–
		–		–
NET INCOME (LOSS)	$	–	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	–
Net income (loss) allocated to other Partners	$	–	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 26

	2020		2019
Revenues
Rental	$	217,139	$	605,212
Interest and other		2,449		9,506
		219,588		614,718
Expenses
Interest		27,332		106,883
Depreciation and amortization		55,156		157,288
Operating expenses		222,991		569,196
		305,479		833,367
NET INCOME (LOSS)	$	(85,891)	$	(218,649)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(85,032)	$	(216,463)
Net income (loss) allocated to other Partners	$	(859)	$	(2,186)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 27

	2020		2019
Revenues
Rental	$	–	$	211,201
Interest and other		–		125
		–		211,326
Expenses
Interest		–		6,529
Depreciation and amortization		–		67,956
Operating expenses		–		210,794
		–		285,279
NET INCOME (LOSS)	$	–	$	(73,953)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(73,213)
Net income (loss) allocated to other Partners	$	–	$	(740)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 28

	2020		2019
Revenues
Rental	$	–	$	263,303
Interest and other		–		8,837
		–		272,140
Expenses
Interest		–		64,522
Depreciation and amortization		–		69,046
Operating expenses		–		209,346
		–		342,914
NET INCOME (LOSS)	$	–	$	(70,774)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(70,068)
Net income (loss) allocated to other  Partners	$	–	$	(706)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 29

	2020		2019
Revenues
Rental	$	417,945	$	464,228
Interest and other		12,890		43,983
		430,835		508,211
Expenses
Interest		67,252		79,653
Depreciation and amortization		74,363		92,325
Operating expenses		369,978		421,661
		511,593		593,639
NET INCOME (LOSS)	$	(80,758)	$	(85,428)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(79,950)	$	(84,574)
Net income (loss) allocated to other Partners	$	(808)	$	(854)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 30

	2020		2019
Revenues
Rental	$	—	$	–
Interest and other		—		–
		—		–
Expenses
Interest		—		–
Depreciation and amortization		—		–
Operating expenses		—		–
		—		–
NET INCOME (LOSS)	$	—	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	–
Net income (loss) allocated to other Partners	$	—	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 31

	2020		2019
Revenues
Rental	$	—	$	–
Interest and other		—		–
		—		–
Expenses
Interest		—		–
Depreciation and amortization		—		–
Operating expenses		—		–
		—		–
NET INCOME (LOSS)	$	—	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	–
Net income (loss) allocated to other Partners	$	—	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 32

	2020		2019
Revenues
Rental	$	585,243	$	761,862
Interest and other		9,746		13,701
		594,989		775,563
Expenses
Interest		88,374		125,371
Depreciation and amortization		174,189		219,045
Operating expenses		501,400		613,804
		763,963		958,220
NET INCOME (LOSS)	$	(168,974)	$	(182,657)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(167,284)	$	(180,830)
Net income (loss) allocated to other Partners	$	(1,690)	$	(1,827)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 33

	2020		2019
Revenues
Rental	$	448,911	$	416,301
Interest and other		15,830		13,138
		464,741		429,439
Expenses
Interest		74,656		79,953
Depreciation and amortization		96,068		100,726
Operating expenses		345,562		307,186
		516,286		487,865
NET INCOME (LOSS)	$	(51,545)	$	(58,426)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(51,030)	$	(57,842)
Net income (loss) allocated to other Partners	$	(515)	$	(584)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 34

	2020		2019
Revenues
Rental	$	326,724	$	408,120
Interest and other		11,341		15,105
		338,065		423,225
Expenses
Interest		49,965		54,704
Depreciation and amortization		76,498		106,772
Operating expenses		280,893		362,170
		407,356		523,646
NET INCOME (LOSS)	$	(69,291)	$	(100,421)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(68,598)	$	(99,417)
Net income (loss) allocated to other Partners	$	(693)	$	(1,004)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 35

	2020		2019
Revenues
Rental	$	–	$	404,488
Interest and other		–		2,157
		–		406,645
Expenses
Interest		–		58,450
Depreciation and amortization		–		131,653
Operating expenses		–		218,081
		–		408,184
NET INCOME (LOSS)	$	–	$	(1,539)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(1,524)
Net income (loss) allocated to other Partners	$	–	$	(15)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 36

	2020		2019
Revenues
Rental	$	–	$	88,773
Interest and other		–		810
		–		89,583
Expenses
Interest		–		21,196
Depreciation and amortization		–		27,363
Operating expenses		–		85,948
		–		134,507
NET INCOME (LOSS)	$	–	$	(44,924)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(44,475)
Net income (loss) allocated to other Partners	$	–	$	(449)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 37

	2020		2019
Revenues
Rental	$	—	$	–
Interest and other		—		–
		—		–
Expenses
Interest		—		–
Depreciation and amortization		—		–
Operating expenses		—		–
		—		–
NET INCOME (LOSS)	$	—	$	–
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	–
Net income (loss) allocated to other Partners	$	—	$	–

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 38

	2019		2018
Revenues
Rental	$	–	$	115,212
Interest and other		–		887
		–		116,099
Expenses
Interest		–		13,168
Depreciation and amortization		–		27,635
Operating expenses		–		99,031
		–		139,834
NET INCOME (LOSS)	$	–	$	(23,735)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(23,498)
Net income (loss) allocated to other Partners	$	–	$	(237)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 39

	2020		2019
Revenues
Rental	$	—	$	—
Interest and other		—		—
		—		—
Expenses
Interest		—		—
Depreciation and amortization		—		—
Operating expenses		—		—
		—		—
NET INCOME (LOSS)	$	—	$	—
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	—	$	—
Net income (loss) allocated to other Partners	$	—	$	—

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 40

	2020		2019
Revenues
Rental	$	–	$	486,308
Interest and other		–		9,251
		–		495,559
Expenses
Interest		–		80,247
Depreciation and amortization		–		122,649
Operating expenses		–		362,884
		–		565,780
NET INCOME (LOSS)	$	–	$	(70,221)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(69,519)
Net income (loss) allocated to other Partners	$	–	$	(702)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 41

	2020		2019
Revenues
Rental	$	1,524,961	$	1,780,047
Interest and other		38,570		31,950
		1,563,531		1,811,997
Expenses
Interest		275,662		283,344
Depreciation and amortization		280,652		368,462
Operating expenses		1,014,090		1,294,393
		1,570,404		1,946,199
NET INCOME (LOSS)	$	(6,873)	$	(134,202)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(6,804)	$	(132,860)
Net income (loss) allocated to other Partners	$	(69)	$	(1,342)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 42

	2020		2019
Revenues
Rental	$	964,900	$	1,131,169
Interest and other		44,353		42,952
		1,009,253		1,174,121
Expenses
Interest		187,840		217,395
Depreciation and amortization		244,575		323,583
Operating expenses		781,356		851,969
		1,213,771		1,392,947
NET INCOME (LOSS)	$	(204,518)	$	(218,826)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(202,473)	$	(216,638)
Net income (loss) allocated to other Partners	$	(2,045)	$	(2,188)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 43

	2020		2019
Revenues
Rental	$	430,480	$	1,312,145
Interest and other		13,457		36,262
		443,937		1,348,407
Expenses
Interest		31,491		113,547
Depreciation and amortization		170,133		372,693
Operating expenses		396,077		1,068,124
		597,701		1,554,364
NET INCOME (LOSS)	$	(153,764)	$	(205,957)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(152,226)	$	(203,897)
Net income (loss) allocated to other Partners	$	(1,538)	$	(2,060)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 44

	2020		2019
Revenues
Rental	$	1,817,906	$	2,449,364
Interest and other		20,511		51,200
		1,838,417		2,500,564
Expenses
Interest		435,314		553,571
Depreciation and amortization		339,618		513,484
Operating expenses		786,743		1,447,637
		1,561,675		2,514,692
NET INCOME (LOSS)	$	276,742	$	(14,128)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	273,975	$	(13,987)
Net income (loss) allocated to other Partners	$	2,767	$	(141)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 45

	2020		2019
Revenues
Rental	$	1,786,650	$	3,290,532
Interest and other		24,785		76,870
		1,811,435		3,367,402
Expenses
Interest		270,649		404,349
Depreciation and amortization		447,266		826,542
Operating expenses		1,302,011		2,560,676
		2,019,926		3,791,567
NET INCOME (LOSS)	$	(208,491)	$	(424,165)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(206,406)	$	(419,923)
Net income (loss) allocated to other Partners	$	(2,085)	$	(4,242)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Six Months Ended June 30,

(Unaudited)

Series 46

	2020		2019
Revenues
Rental	$	2,325,142	$	2,487,589
Interest and other		53,365		37,966
		2,378,507		2,525,555
Expenses
Interest		463,915		480,436
Depreciation and amortization		498,424		567,482
Operating expenses		1,445,816		1,529,363
		2,408,155		2,577,281
NET INCOME (LOSS)	$	(29,648)	$	(51,726)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(29,352)	$	(51,209)
Net income (loss) allocated to other Partners	$	(296)	$	(517)

The Fund accounts for its investments using the equity method of accounting. Under the equity method of accounting, the Fund adjusts its investment cost for its share of each Operating Partnership’s results of operations and for any distributions received or accrued. However, the Fund recognizes individual operating losses only to the extent of capital contributions. Excess losses are suspended for use in future years to offset excess income

XML

ORGANIZATION - BACs sold and total equity (Details) - USD ($)	6 Months Ended
	Sep. 30, 2020	Mar. 31, 2020
Capital Unit
BACs Sold	83,651,080	83,651,080
Series Twenty [Member]
Capital Unit
Closing Date	Jun. 24, 1994
BACs Sold	3,866,700	3,866,700
Equity Raised	$ 38,667,000
Series Twenty One [Member]
Capital Unit
Closing Date	Dec. 31, 1994
BACs Sold	1,892,700	1,892,700
Equity Raised	$ 18,927,000
Series Twenty Two [Member]
Capital Unit
Closing Date	Dec. 28, 1994
BACs Sold	2,564,400	2,564,400
Equity Raised	$ 25,644,000
Series Twenty Three [Member]
Capital Unit
Closing Date	Jun. 23, 1995
BACs Sold	3,336,727	3,336,727
Equity Raised	$ 33,366,000
Series Twenty Four [Member]
Capital Unit
Closing Date	Sep. 22, 1995
BACs Sold	2,169,878	2,169,878
Equity Raised	$ 21,697,000
Series Twenty Five [Member]
Capital Unit
Closing Date	Dec. 29, 1995
BACs Sold	3,026,109	3,026,109
Equity Raised	$ 30,248,000
Series Twenty Six [Member]
Capital Unit
Closing Date	Jun. 25, 1996
BACs Sold	3,995,900	3,995,900
Equity Raised	$ 39,959,000
Series Twenty Seven [Member]
Capital Unit
Closing Date	Sep. 17, 1996
BACs Sold	2,460,700	2,460,700
Equity Raised	$ 24,607,000
Series Twenty Eight [Member]
Capital Unit
Closing Date	Jan. 29, 1997
BACs Sold	4,000,738	4,000,738
Equity Raised	$ 39,999,000
Series Twenty Nine [Member]
Capital Unit
Closing Date	Jun. 10, 1997
BACs Sold	3,991,800	3,991,800
Equity Raised	$ 39,918,000
Series Thirty [Member]
Capital Unit
Closing Date	Sep. 10, 1997
BACs Sold	2,651,000	2,651,000
Equity Raised	$ 26,490,750
Series Thirty One [Member]
Capital Unit
Closing Date	Jan. 18, 1998
BACs Sold	4,417,857	4,417,857
Equity Raised	$ 44,057,750
Series Thirty Two [Member]
Capital Unit
Closing Date	Jun. 23, 1998
BACs Sold	4,754,198	4,754,198
Equity Raised	$ 47,431,000
Series Thirty Three [Member]
Capital Unit
Closing Date	Sep. 21, 1998
BACs Sold	2,636,533	2,636,533
Equity Raised	$ 26,362,000
Series Thirty Four [Member]
Capital Unit
Closing Date	Feb. 11, 1999
BACs Sold	3,529,319	3,529,319
Equity Raised	$ 35,273,000
Series Thirty Five [Member]
Capital Unit
Closing Date	Jun. 28, 1999
BACs Sold	3,300,463	3,300,463
Equity Raised	$ 33,004,630
Series Thirty Six [Member]
Capital Unit
Closing Date	Sep. 28, 1999
BACs Sold	2,106,838	2,106,838
Equity Raised	$ 21,068,375
Series Thirty Seven [Member]
Capital Unit
Closing Date	Jan. 28, 2000
BACs Sold	2,512,500	2,512,500
Equity Raised	$ 25,125,000
Series Thirty Eight [Member]
Capital Unit
Closing Date	Jul. 31, 2000
BACs Sold	2,543,100	2,543,100
Equity Raised	$ 25,431,000
Series Thirty Nine [Member]
Capital Unit
Closing Date	Jan. 31, 2001
BACs Sold	2,292,151	2,292,151
Equity Raised	$ 22,921,000
Series Forty [Member]
Capital Unit
Closing Date	Jul. 31, 2001
BACs Sold	2,630,256	2,630,256
Equity Raised	$ 26,269,256
Series Forty One [Member]
Capital Unit
Closing Date	Jan. 31, 2002
BACs Sold	2,891,626	2,891,626
Equity Raised	$ 28,916,260
Series Forty Two [Member]
Capital Unit
Closing Date	Jul. 31, 2002
BACs Sold	2,744,262	2,744,262
Equity Raised	$ 27,442,620
Series Forty Three [Member]
Capital Unit
Closing Date	Dec. 31, 2002
BACs Sold	3,637,987	3,637,987
Equity Raised	$ 36,379,870
Series Forty Four [Member]
Capital Unit
Closing Date	Apr. 30, 2003
BACs Sold	2,701,973	2,701,973
Equity Raised	$ 27,019,730
Series Forty Five [Member]
Capital Unit
Closing Date	Sep. 16, 2003
BACs Sold	4,014,367	4,014,367
Equity Raised	$ 40,143,670
Series Forty Six [Member]
Capital Unit
Closing Date	Dec. 19, 2003
BACs Sold	2,980,998	2,980,998
Equity Raised	$ 29,809,980

XML

ORGANIZATION - Additional Information (Details)	1 Months Ended
	Oct. 31, 2002 item	Oct. 31, 2001 item	Oct. 31, 2000 item	Oct. 31, 1999 item	Nov. 30, 1998 item	Jul. 31, 1997 item	Jul. 31, 1995 item	Mar. 31, 1993 item
ORGANIZATION
Limited Partners Capital Account Per Units								10
Units of limited partnership interest, authorized								30,000,000
Limited Partners Capital Account Additional Units Registered For Sale	7,000,000	7,000,000	7,000,000	7,500,000	8,000,000	25,000,000	10,000,000

XML

RELATED PARTY TRANSACTIONS - Fund management fees accrued (Details) - USD ($)	6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Related Party Transaction [Line Items]
Gross Fund Management Fee	$ 224,605	$ 368,371
Series Twenty [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Twenty One [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Twenty Two [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Twenty Three [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Twenty Four [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	10,299
Series Twenty Five [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Twenty Six [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	4,282	13,938
Series Twenty Seven [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	7,635
Series Twenty Eight [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	7,296
Series Twenty Nine [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	6,651	7,260
Series Thirty [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Thirty One [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Thirty Two [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	15,132	19,794
Series Thirty Three [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	9,777	13,316
Series Thirty Four [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	6,727	11,496
Series Thirty Five [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	9,847
Series Thirty Six [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	2,739
Series Thirty Seven [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Thirty Eight [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	2,742
Series Thirty Nine [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	0
Series Forty [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	19,612
Series Forty One [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	27,857	34,077
Series Forty Two [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	19,260	23,790
Series Forty Three [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	19,371	24,400
Series Forty Four [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	30,315	48,187
Series Forty Five [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	38,900	59,644
Series Forty Six [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	$ 46,333	$ 52,299

XML

RELATED PARTY TRANSACTIONS - Fund management fees paid (Details) - USD ($)	6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Related Party Transaction [Line Items]
Fund management fees paid	$ 562,339	$ 2,883,556
Series Twenty Four [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	20,598
Series Twenty Six [Member]
Related Party Transaction [Line Items]
Fund management fees paid	4,282	27,876
Series Twenty Seven [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	15,270
Series Twenty Eight [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	14,592
Series Thirty One [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	4,308
Series Thirty Two [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	51,208
Series Thirty Three [Member]
Related Party Transaction [Line Items]
Fund management fees paid	9,777	1,125,921
Series Thirty Five [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	20,500
Series Thirty Six [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	7,911
Series Thirty Eight [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	19,323
Series Forty [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	1,188,699
Series Forty Two [Member]
Related Party Transaction [Line Items]
Fund management fees paid	19,259	47,580
Series Forty Three [Member]
Related Party Transaction [Line Items]
Fund management fees paid	21,348	223,770
Series Forty Five [Member]
Related Party Transaction [Line Items]
Fund management fees paid	$ 507,673	$ 116,000

XML

RELATED PARTY TRANSACTIONS - Additional Information (Details)	6 Months Ended
	Sep. 30, 2020
RELATED PARTY TRANSACTIONS
Percentage Of Annual Management Fee	0.50%

XML

INVESTMENTS IN OPERATING PARTNERSHIPS - Operating Partnerships within the Fund (Details) - item	Sep. 30, 2020	Sep. 30, 2019
Number Of Operating Partnerships
Number Of Operating Partnerships	55	112
Series Twenty [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Twenty One [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Twenty Two [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Twenty Three [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Twenty Four [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	4
Series Twenty Five [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Twenty Six [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	3	8
Series Twenty Seven [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	2
Series Twenty Eight [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	3
Series Twenty Nine [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	4	5
Series Thirty [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Thirty One [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Thirty Two [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	3	5
Series Thirty Three [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	2	2
Series Thirty Four [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	2	3
Series Thirty Five [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	1
Series Thirty Six [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	1
Series Thirty Seven [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Thirty Eight [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	1
Series Thirty Nine [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	0
Series Forty [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	5
Series Forty One [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	7	11
Series Forty Two [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	6	9
Series Forty Three [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	3	11
Series Forty Four [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	3	5
Series Forty Five [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	11	22
Series Forty Six [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	11	14

XML

INVESTMENTS IN OPERATING PARTNERSHIPS - Contributions payable (Details) - USD ($)	Sep. 30, 2020	Mar. 31, 2020	Sep. 30, 2019
Contributions Payable
Capital contributions payable	$ 1,039	$ 1,039	$ 18,992
Series Twenty Nine [Member]
Contributions Payable
Capital contributions payable	785	785	785
Series Thirty Two [Member]
Contributions Payable
Capital contributions payable	0	0	1,229
Series Forty [Member]
Contributions Payable
Capital contributions payable	0	0
Series Forty Two [Member]
Contributions Payable
Capital contributions payable	254	254	254
Series Forty Five [Member]
Contributions Payable
Capital contributions payable	$ 0	$ 0	$ 16,724

XML

INVESTMENTS IN OPERATING PARTNERSHIPS - Dispositions by series (Details)	6 Months Ended
	Sep. 30, 2020 USD ($) item	Sep. 30, 2019 USD ($) item
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	12	6
Sale of Underlying Operating Partnership | item	1	9
Fund Proceeds from Disposition | $	$ 430,992	$ 11,850,561
Gain on Disposition | $	430,992	$ 11,850,663
Series Twenty Seven [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		0
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	0	$ 776,922
Gain on Disposition | $		$ 776,922
Series Twenty Eight [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		1
Sale of Underlying Operating Partnership | item		0
Fund Proceeds from Disposition | $	$ 0	$ 7,100
Gain on Disposition | $		7,100
Series Twenty Nine [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	1
Sale of Underlying Operating Partnership | item	0
Fund Proceeds from Disposition | $	$ 9,500	$ 0
Gain on Disposition | $	9,500
Series Thirty One [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		0
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	0	$ 618,900
Gain on Disposition | $		$ 618,900
Series Thirty Three [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		0
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	0	$ 1,442,632
Gain on Disposition | $		$ 1,442,632
Series Thirty Four [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		1
Sale of Underlying Operating Partnership | item		0
Fund Proceeds from Disposition | $	0	$ 257,500
Gain on Disposition | $		$ 257,500
Series Thirty Five [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		1
Sale of Underlying Operating Partnership | item		0
Fund Proceeds from Disposition | $	0	$ 141,000
Gain on Disposition | $		$ 141,000
Series Thirty Six [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		0
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	0	$ 476,325
Gain on Disposition | $		$ 476,325
Series Thirty Eight [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		1
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	0	$ 1,463,974
Gain on Disposition | $		$ 1,463,974
Series Forty [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		1
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	$ 0	$ 2,553,903
Gain on Disposition | $		2,554,005
Series Forty One [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	1
Sale of Underlying Operating Partnership | item	0
Fund Proceeds from Disposition | $	$ 46,500	$ 0
Gain on Disposition | $	$ 46,500
Series Forty Three [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	8	1
Sale of Underlying Operating Partnership | item	0	1
Fund Proceeds from Disposition | $	$ 106,800	$ 1,255,582
Gain on Disposition | $	106,800	$ 1,255,582
Series Forty Four [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		0
Sale of Underlying Operating Partnership | item		2
Fund Proceeds from Disposition | $	$ 0	$ 2,856,723
Gain on Disposition | $		2,856,723
Series Forty Five [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	1
Sale of Underlying Operating Partnership | item	1
Fund Proceeds from Disposition | $	$ 199,692	0
Gain on Disposition | $	$ 199,692
Series Forty Six [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	1
Sale of Underlying Operating Partnership | item	0
Fund Proceeds from Disposition | $	$ 68,500	$ 0
Gain on Disposition | $	$ 68,500

XML

INVESTMENTS IN OPERATING PARTNERSHIPS - Current financial results available for the Operating Partnerships (Details) - USD ($)	6 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Revenues
Rental	$ 10,846,001	$ 17,098,171
Interest and other	247,297	414,231
Operating Partnerships Revenues	11,093,298	17,512,402
Expenses
Interest	1,972,450	2,779,787
Depreciation and amortization	2,456,942	4,213,607
Operating expenses	7,446,917	12,566,968
Operating Partnerships Total Expenses	11,876,309	19,560,362
NET INCOME (LOSS)	(783,011)	(2,047,960)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(775,180)	(2,027,484)
Net income (loss) allocated to other partners	(7,831)	(20,476)
Series Twenty [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Twenty One [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Twenty Two [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Twenty Three [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Twenty Four [Member]
Revenues
Rental	0	422,317
Interest and other	0	19,531
Operating Partnerships Revenues	0	441,848
Expenses
Interest	0	36,469
Depreciation and amortization	0	118,903
Operating expenses	0	354,705
Operating Partnerships Total Expenses	0	510,077
NET INCOME (LOSS)	0	(68,229)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(67,547)
Net income (loss) allocated to other partners	0	(682)
Series Twenty Five [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Twenty Six [Member]
Revenues
Rental	217,139	605,212
Interest and other	2,449	9,506
Operating Partnerships Revenues	219,588	614,718
Expenses
Interest	27,332	106,883
Depreciation and amortization	55,156	157,288
Operating expenses	222,991	569,196
Operating Partnerships Total Expenses	305,479	833,367
NET INCOME (LOSS)	(85,891)	(218,649)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(85,032)	(216,463)
Net income (loss) allocated to other partners	(859)	(2,186)
Series Twenty Seven [Member]
Revenues
Rental	0	211,201
Interest and other	0	125
Operating Partnerships Revenues	0	211,326
Expenses
Interest	0	6,529
Depreciation and amortization	0	67,956
Operating expenses	0	210,794
Operating Partnerships Total Expenses	0	285,279
NET INCOME (LOSS)	0	(73,953)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(73,213)
Net income (loss) allocated to other partners	0	(740)
Series Twenty Eight [Member]
Revenues
Rental	0	263,303
Interest and other	0	8,837
Operating Partnerships Revenues	0	272,140
Expenses
Interest	0	64,522
Depreciation and amortization	0	69,046
Operating expenses	0	209,346
Operating Partnerships Total Expenses	0	342,914
NET INCOME (LOSS)	0	(70,774)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(70,068)
Net income (loss) allocated to other partners	0	(706)
Series Twenty Nine [Member]
Revenues
Rental	417,945	464,228
Interest and other	12,890	43,983
Operating Partnerships Revenues	430,835	508,211
Expenses
Interest	67,252	79,653
Depreciation and amortization	74,363	92,325
Operating expenses	369,978	421,661
Operating Partnerships Total Expenses	511,593	593,639
NET INCOME (LOSS)	(80,758)	(85,428)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(79,950)	(84,574)
Net income (loss) allocated to other partners	(808)	(854)
Series Thirty [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Thirty One [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Thirty Two [Member]
Revenues
Rental	585,243	761,862
Interest and other	9,746	13,701
Operating Partnerships Revenues	594,989	775,563
Expenses
Interest	88,374	125,371
Depreciation and amortization	174,189	219,045
Operating expenses	501,400	613,804
Operating Partnerships Total Expenses	763,963	958,220
NET INCOME (LOSS)	(168,974)	(182,657)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(167,284)	(180,830)
Net income (loss) allocated to other partners	(1,690)	(1,827)
Series Thirty Three [Member]
Revenues
Rental	448,911	416,301
Interest and other	15,830	13,138
Operating Partnerships Revenues	464,741	429,439
Expenses
Interest	74,656	79,953
Depreciation and amortization	96,068	100,726
Operating expenses	345,562	307,186
Operating Partnerships Total Expenses	516,286	487,865
NET INCOME (LOSS)	(51,545)	(58,426)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(51,030)	(57,842)
Net income (loss) allocated to other partners	(515)	(584)
Series Thirty Four [Member]
Revenues
Rental	326,724	408,120
Interest and other	11,341	15,105
Operating Partnerships Revenues	338,065	423,225
Expenses
Interest	49,965	54,704
Depreciation and amortization	76,498	106,772
Operating expenses	280,893	362,170
Operating Partnerships Total Expenses	407,356	523,646
NET INCOME (LOSS)	(69,291)	(100,421)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(68,598)	(99,417)
Net income (loss) allocated to other partners	(693)	(1,004)
Series Thirty Five [Member]
Revenues
Rental	0	404,488
Interest and other	0	2,157
Operating Partnerships Revenues	0	406,645
Expenses
Interest	0	58,450
Depreciation and amortization	0	131,653
Operating expenses	0	218,081
Operating Partnerships Total Expenses	0	408,184
NET INCOME (LOSS)	0	(1,539)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(1,524)
Net income (loss) allocated to other partners	0	(15)
Series Thirty Six [Member]
Revenues
Rental	0	88,773
Interest and other	0	810
Operating Partnerships Revenues	0	89,583
Expenses
Interest	0	21,196
Depreciation and amortization	0	27,363
Operating expenses	0	85,948
Operating Partnerships Total Expenses	0	134,507
NET INCOME (LOSS)	0	(44,924)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(44,475)
Net income (loss) allocated to other partners	0	(449)
Series Thirty Seven [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Thirty Eight [Member]
Revenues
Rental	0	115,212
Interest and other	0	887
Operating Partnerships Revenues	0	116,099
Expenses
Interest	0	13,168
Depreciation and amortization	0	27,635
Operating expenses	0	99,031
Operating Partnerships Total Expenses	0	139,834
NET INCOME (LOSS)	0	(23,735)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(23,498)
Net income (loss) allocated to other partners	0	(237)
Series Thirty Nine [Member]
Revenues
Rental	0	0
Interest and other	0	0
Operating Partnerships Revenues	0	0
Expenses
Interest	0	0
Depreciation and amortization	0	0
Operating expenses	0	0
Operating Partnerships Total Expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	0
Net income (loss) allocated to other partners	0	0
Series Forty [Member]
Revenues
Rental	0	486,308
Interest and other	0	9,251
Operating Partnerships Revenues	0	495,559
Expenses
Interest	0	80,247
Depreciation and amortization	0	122,649
Operating expenses	0	362,884
Operating Partnerships Total Expenses	0	565,780
NET INCOME (LOSS)	0	(70,221)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(69,519)
Net income (loss) allocated to other partners	0	(702)
Series Forty One [Member]
Revenues
Rental	1,524,961	1,780,047
Interest and other	38,570	31,950
Operating Partnerships Revenues	1,563,531	1,811,997
Expenses
Interest	275,662	283,344
Depreciation and amortization	280,652	368,462
Operating expenses	1,014,090	1,294,393
Operating Partnerships Total Expenses	1,570,404	1,946,199
NET INCOME (LOSS)	(6,873)	(134,202)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(6,804)	(132,860)
Net income (loss) allocated to other partners	(69)	(1,342)
Series Forty Two [Member]
Revenues
Rental	964,900	1,131,169
Interest and other	44,353	42,952
Operating Partnerships Revenues	1,009,253	1,174,121
Expenses
Interest	187,840	217,395
Depreciation and amortization	244,575	323,583
Operating expenses	781,356	851,969
Operating Partnerships Total Expenses	1,213,771	1,392,947
NET INCOME (LOSS)	(204,518)	(218,826)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(202,473)	(216,638)
Net income (loss) allocated to other partners	(2,045)	(2,188)
Series Forty Three [Member]
Revenues
Rental	430,480	1,312,145
Interest and other	13,457	36,262
Operating Partnerships Revenues	443,937	1,348,407
Expenses
Interest	31,491	113,547
Depreciation and amortization	170,133	372,693
Operating expenses	396,077	1,068,124
Operating Partnerships Total Expenses	597,701	1,554,364
NET INCOME (LOSS)	(153,764)	(205,957)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(152,226)	(203,897)
Net income (loss) allocated to other partners	(1,538)	(2,060)
Series Forty Four [Member]
Revenues
Rental	1,817,906	2,449,364
Interest and other	20,511	51,200
Operating Partnerships Revenues	1,838,417	2,500,564
Expenses
Interest	435,314	553,571
Depreciation and amortization	339,618	513,484
Operating expenses	786,743	1,447,637
Operating Partnerships Total Expenses	1,561,675	2,514,692
NET INCOME (LOSS)	276,742	(14,128)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	273,975	(13,987)
Net income (loss) allocated to other partners	2,767	(141)
Series Forty Five [Member]
Revenues
Rental	1,786,650	3,290,532
Interest and other	24,785	76,870
Operating Partnerships Revenues	1,811,435	3,367,402
Expenses
Interest	270,649	404,349
Depreciation and amortization	447,266	826,542
Operating expenses	1,302,011	2,560,676
Operating Partnerships Total Expenses	2,019,926	3,791,567
NET INCOME (LOSS)	(208,491)	(424,165)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(206,406)	(419,923)
Net income (loss) allocated to other partners	(2,085)	(4,242)
Series Forty Six [Member]
Revenues
Rental	2,325,142	2,487,589
Interest and other	53,365	37,966
Operating Partnerships Revenues	2,378,507	2,525,555
Expenses
Interest	463,915	480,436
Depreciation and amortization	498,424	567,482
Operating expenses	1,445,816	1,529,363
Operating Partnerships Total Expenses	2,408,155	2,577,281
NET INCOME (LOSS)	(29,648)	(51,726)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(29,352)	(51,209)
Net income (loss) allocated to other partners	$ (296)	$ (517)

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INVESTMENTS IN OPERATING PARTNERSHIPS - Additional Information (Details)	6 Months Ended
	Sep. 30, 2019 USD ($)
Series Forty [Member]
Investments In Operating Limited Partnerships
Write Off Of Capital Contribution Payable	$ 102

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SUBSEQUENT EVENTS (Details)		3 Months Ended	6 Months Ended
	Oct. 01, 2020 item	Dec. 31, 2020 USD ($)	Sep. 30, 2020 item	Sep. 30, 2019 item
Subsequent Event
Operating Partnership Interest Transferred | item			12	6
Subsequent Event [Member]
Subsequent Event
Operating Partnership Interest Transferred | item	4
Estimated Cash Proceeds To Operating Partnership | $		$ 207,500
Estimated Gain On The Sale Of The Operating Partnerships | $		$ 173,700