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 June 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			32-59
		Condensed Statements of Changes in  Partners' Capital (Deficit)			60-87
		Condensed Statements of Cash Flows			88-115
		Notes to Condensed Financial Statements			116-150
	Item 2. Management's Discussion and Analysis of          Financial Condition and Results of Operations			151-177
	Item 3. Quantitative and Qualitative Disclosures About         Market Risk			178
	Item 4. Controls and Procedures			178
PART II OTHER INFORMATION
	Item 1. Legal Proceedings			179
	Item 1A. Risk Factors			179
	Item 2. Unregistered Sales of Equity Securities and         Use of Proceeds			179
	Item 3. Defaults Upon Senior Securities			179
	Item 4. Mine Safety Disclosures			179
	Item 5. Other Information			179
	Item 6. Exhibits			179
	Signatures			180

Boston Capital Tax Credit Fund IV L.P.

CONDENSED BALANCE SHEETS

(Unaudited)

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		6,091,480		6,622,109
Other assets		15,088		15,088
	$	6,106,568	$	6,637,197
LIABILITIES
Accounts payable and accrued expenses	$	9,500	$	16,000
Accounts payable affiliates (Note C)		12,775,043		13,107,778
Capital contributions payable		1,039		1,039
		12,785,582		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 June 30, 2020 and March 31, 2020.		(6,232,312)		(6,042,833)
General Partner		(446,702)		(444,787)
		(6,679,014)		(6,487,620)
	$	6,106,568	$	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

		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;  3,866,700 issued and 3,828,200 outstanding as of June 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

		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;  1,892,700 issued and 1,879,500 outstanding as of June 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

		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;  2,564,400 issued and 2,550,145 outstanding as of June 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

		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;  3,336,727 issued and 3,303,327 outstanding as of June 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

		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;  2,169,878 issued and 2,150,053 outstanding as of June 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

		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;  3,026,109 issued and 3,016,809 outstanding as of June 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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		560,339		576,004
Other assets		-		-
	$	560,339	$	576,004
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;  3,995,900 issued and 3,929,074 outstanding as of June 30, 2020 and March 31, 2020.		873,078		888,586
General Partner		(312,739)		(312,582)
		560,339		576,004
	$	560,339	$	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

		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;  2,460,700 issued and 2,431,350 outstanding as of June 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 June 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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		157,219		157,446
Other assets		-		-
	$	157,219	$	157,446
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		3,112,729		3,105,875
Capital contributions payable		785		785
		3,113,514		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 June 30, 2020 and March 31, 2020.		(2,588,085)		(2,581,075)
General Partner		(368,210)		(368,139)
		(2,956,295)		(2,949,214)
	$	157,219	$	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

		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;  2,651,000 issued and 2,621,200 outstanding as of June 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

		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;  4,417,857 issued and 4,375,757 outstanding as of June 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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		182,008		193,203
Other assets		-		-
	$	182,008	$	193,203
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		98,643		83,511
Capital contributions payable		-		-
		98,643		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 June 30, 2020 and March 31, 2020.		488,895		514,959
General Partner		(405,530)		(405,267)
		83,365		109,692
	$	182,008	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		542,988		561,941
Other assets		-		-
	$	542,988	$	561,941
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;  2,636,533 issued and 2,606,833 outstanding as of June 30, 2020 and March 31, 2020.		763,339		782,102
General Partner		(220,351)		(220,161)
		542,988		561,941
	$	542,988	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		138,110		148,344
Other assets		-		-
	$	138,110	$	148,344
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		2,452,401		2,445,674
Capital contributions payable		-		-
		2,452,401		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 June 30, 2020 and March 31, 2020.		(1,990,758)		(1,973,967)
General Partner		(323,533)		(323,363)
		(2,314,291)		(2,297,330)
	$	138,110	$	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

		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;  3,300,463 issued and 3,277,913 outstanding as of June 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

		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;  2,106,838 issued and 2,083,704 outstanding as of June 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

		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;  2,512,500 issued and 2,489,100 outstanding as of June 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

		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;  2,543,100 issued and 2,536,200 outstanding as of June 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

		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;  2,292,151 issued and 2,288,351 outstanding as of June 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

		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;  2,630,256 issued and 2,611,356 outstanding as of June 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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		345,984		352,239
Other assets		-		-
	$	345,984	$	352,239
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		2,676,350		2,647,829
Capital contributions payable		-		-
		2,676,350		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 June 30, 2020 and March 31, 2020.		(2,057,894)		(2,023,466)
General Partner		(272,472)		(272,124)
		(2,330,366)		(2,295,590)
	$	345,984	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		1,578,793		1,607,893
Other assets		11,300		11,300
	$	1,590,093	$	1,619,193
LIABILITIES
Accounts payable and accrued expenses	$	-	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		254		254
		254		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 June 30, 2020 and March 31, 2020.		1,814,878		1,843,687
General Partner		(225,039)		(224,748)
		1,589,839		1,618,939
	$	1,590,093	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		1,400,455		1,416,291
Other assets		-		-
	$	1,400,455	$	1,416,291
LIABILITIES
Accounts payable and accrued expenses	$	3,000	$	-
Accounts payable affiliates (Note C)		-		-
Capital contributions payable		-		-
		3,000		-
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 June 30, 2020 and March 31, 2020.		1,705,001		1,723,649
General Partner		(307,546)		(307,358)
		1,397,455		1,416,291
	$	1,400,455	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		313,412		321,693
Other assets		-		-
	$	313,412	$	321,693
LIABILITIES
Accounts payable and accrued expenses	$	-	$	4,000
Accounts payable affiliates (Note C)		392,986		362,671
Capital contributions payable		-		-
		392,986		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 June 30, 2020 and March 31, 2020.		158,670		192,920
General Partner		(238,244)		(237,898)
		(79,574)		(44,978)
	$	313,412	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		355,639		859,371
Other assets		-		-
	$	355,639	$	859,371
LIABILITIES
Accounts payable and accrued expenses	$	-	$	12,000
Accounts payable affiliates (Note C)		1,883,063		2,351,836
Capital contributions payable		-		-
		1,883,063		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 June 30, 2020 and March 31, 2020.		(1,158,487)		(1,135,758)
General Partner		(368,937)		(368,707)
		(1,527,424)		(1,504,465)
	$	355,639	$	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

		June 30, 2020		March 31, 2020
INVESTMENTS IN OPERATING PARTNERSHIPS	$	-	$	-
OTHER ASSETS
Cash and cash equivalents		516,533		427,684
Other assets		3,788		3,788
	$	520,321	$	431,472
LIABILITIES
Accounts payable and accrued expenses	$	6,500	$	-
Accounts payable affiliates (Note C)		2,158,871		2,110,382
Capital contributions payable		-		-
		2,165,371		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 June 30, 2020 and March 31, 2020.		(1,365,858)		(1,399,379)
General Partner		(279,192)		(279,531)
		(1,645,050)		(1,678,910)
	$	520,321	$	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 June 30,
(Unaudited)

		2020		2019
Income
Interest income	$	5,520	$	69,800
Other income		48,341		107,605
		53,861		177,405
Gain on disposition of Operating Partnerships		87,000		4,884,617
Expenses
Professional fees		63,215		13,567
Fund management fee, net (Note C)		206,599		244,682
General and administrative expenses		62,441		103,473
		332,255		361,722
NET INCOME (LOSS)	$	(191,394)	$	4,700,300
Net income (loss) allocated to  assignees	$	(189,479)	$	4,653,296
Net income (loss) allocated to general partner	$	(1,915)	$	47,004
Net income (loss) per BAC	$	(.00)	$	.06

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 June 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 June 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 June 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 June 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 June 30,
(Unaudited)

Series 24

		2020		2019
Income
Interest income	$	-	$	788
Other income		-		1,680
		-		2,468
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		7,943
General and administrative expenses		-		4,782
		-		13,382
NET INCOME (LOSS)	$	-	$	(10,914)
Net income (loss) allocated to  assignees	$	-	$	(10,805)
Net income (loss) allocated to general partner	$	-	$	(109)
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 June 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 June 30,
(Unaudited)

Series 26

		2020		2019
Income
Interest income	$	675	$	1,124
Other income		-		420
		675		1,544
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		5,417		657
Fund management fee, net (Note C)		4,282		12,938
General and administrative expenses		6,641		6,809
		16,340		20,404
NET INCOME (LOSS)	$	(15,665)	$	(18,860)
Net income (loss) allocated to  assignees	$	(15,508)	$	(18,671)
Net income (loss) allocated to general partner	$	(157)	$	(189)
Net income (loss) per BAC	$	(.00)	$	(.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 June 30,
(Unaudited)

Series 27

		2020		2019
Income
Interest income	$	-	$	20,302
Other income		-		-
		-		20,302
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		5,255
General and administrative expenses		-		4,835
		-		10,747
NET INCOME (LOSS)	$	-	$	9,555
Net income (loss) allocated to  assignees	$	-	$	9,459
Net income (loss) allocated to general partner	$	-	$	96
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 June 30,
(Unaudited)

Series 28

		2020		2019
Income
Interest income	$	-	$	1,211
Other income		-		446
		-		1,657
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		5,296
General and administrative expenses		-		6,377
		-		12,330
NET INCOME (LOSS)	$	-	$	(10,673)
Net income (loss) allocated to  assignees	$	-	$	(10,566)
Net income (loss) allocated to general partner	$	-	$	(107)
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 June 30,
(Unaudited)

Series 29

		2020		2019
Income
Interest income	$	195	$	725
Other income		-		-
		195		725
Gain on disposition of Operating Partnerships		9,500		-
Expenses
Professional fees		4,847		657
Fund management fee, net (Note C)		6,854		7,260
General and administrative expenses		5,075		5,832
		16,776		13,749
NET INCOME (LOSS)	$	(7,081)	$	(13,024)
Net income (loss) allocated to  assignees	$	(7,010)	$	(12,894)
Net income (loss) allocated to general partner	$	(71)	$	(130)
Net income (loss) per BAC	$	(.00)	$	(.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 June 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 June 30,
(Unaudited)

Series 31

		2020		2019
Income
Interest income	$	-	$	4,004
Other income		-		-
		-		4,004
Gain on disposition of Operating Partnerships		-		587,469
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		(59,987)
General and administrative expenses		-		6,751
		-		(52,579)
NET INCOME (LOSS)	$	-	$	644,052
Net income (loss) allocated to  assignees	$	-	$	637,611
Net income (loss) allocated to general partner	$	-	$	6,441
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
Three Months Ended June 30,
(Unaudited)

Series 32

		2020		2019
Income
Interest income	$	250	$	922
Other income		-		-
		250		922
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		4,847		1,199
Fund management fee, net (Note C)		15,132		6,794
General and administrative expenses		6,598		6,699
		26,577		14,692
NET INCOME (LOSS)	$	(26,327)	$	(13,770)
Net income (loss) allocated to  assignees	$	(26,064)	$	(13,632)
Net income (loss) allocated to general partner	$	(263)	$	(138)
Net income (loss) per BAC	$	(.01)	$	(.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 June 30,

(Unaudited)

Series 33

		2020		2019
Income
Interest income	$	458	$	862
Other income		-		-
		458		862
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		4,467		1,199
Fund management fee, net (Note C)		9,777		(4,102)
General and administrative expenses		5,167		5,190
		19,411		2,287
NET INCOME (LOSS)	$	(18,953)	$	(1,425)
Net income (loss) allocated to  assignees	$	(18,763)	$	(1,411)
Net income (loss) allocated to general partner	$	(190)	$	(14)
Net income (loss) per BAC	$	(.01)	$	(.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 June 30,
(Unaudited)

Series 34

		2020		2019
Income
Interest income	$	237	$	633
Other income		-		-
		237		633
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		4,657		657
Fund management fee, net (Note C)		6,727		9,365
General and administrative expenses		5,814		5,252
		17,198		15,274
NET INCOME (LOSS)	$	(16,961)	$	(14,641)
Net income (loss) allocated to  assignees	$	(16,791)	$	(14,495)
Net income (loss) allocated to general partner	$	(170)	$	(146)
Net income (loss) per BAC	$	(.00)	$	(.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 June 30,
(Unaudited)

Series 35

		2020		2019
Income
Interest income	$	-	$	12,191
Other income		-		3,782
		-		15,973
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		7,453
General and administrative expenses		-		5,182
		-		13,292
NET INCOME (LOSS)	$	-	$	2,681
Net income (loss) allocated to  assignees	$	-	$	2,654
Net income (loss) allocated to general partner	$	-	$	27
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 June 30,
(Unaudited)

Series 36

		2020		2019
Income
Interest income	$	-	$	9,963
Other income		-		-
		-		9,963
Gain on disposition of Operating Partnerships		-		476,325
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		5,172
General and administrative expenses		-		4,839
		-		10,668
NET INCOME (LOSS)	$	-	$	475,620
Net income (loss) allocated to  assignees	$	-	$	470,864
Net income (loss) allocated to general partner	$	-	$	4,756
Net income (loss) per BAC	$	-	$	.23

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 June 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 June 30,
(Unaudited)

Series 38

		2020		2019
Income
Interest income	$	-	$	3,202
Other income		-		-
		-		3,202
Gain on disposition of Operating Partnerships		-		1,463,974
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		16,581
General and administrative expenses		-		4,673
		-		21,911
NET INCOME (LOSS)	$	-	$	1,445,265
Net income (loss) allocated to  assignees	$	-	$	1,430,812
Net income (loss) allocated to general partner	$	-	$	14,453
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
Three Months Ended June 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 June 30,
(Unaudited)

Series 40

		2020		2019
Income
Interest income	$	-	$	696
Other income		-		-
		-		696
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		-		657
Fund management fee, net (Note C)		-		13,490
General and administrative expenses		-		4,655
		-		18,802
NET INCOME (LOSS)	$	-	$	(18,106)
Net income (loss) allocated to  assignees	$	-	$	(17,925)
Net income (loss) allocated to general partner	$	-	$	(181)
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 June 30,
(Unaudited)

Series 41

		2020		2019
Income
Interest income	$	381	$	805
Other income		2,506		46,062
		2,887		46,867
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		5,987		657
Fund management fee, net (Note C)		26,228		20,581
General and administrative expenses		5,448		5,009
		37,663		26,247
NET INCOME (LOSS)	$	(34,776)	$	20,620
Net income (loss) allocated to  assignees	$	(34,428)	$	20,414
Net income (loss) allocated to general partner	$	(348)	$	206
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 June 30,
(Unaudited)

Series 42

		2020		2019
Income
Interest income	$	917	$	4,771
Other income		-		4,854
		917		9,625
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		5,607		657
Fund management fee, net (Note C)		19,259		22,286
General and administrative expenses		5,151		4,827
		30,017		27,770
NET INCOME (LOSS)	$	(29,100)	$	(18,145)
Net income (loss) allocated to  assignees	$	(28,809)	$	(17,964)
Net income (loss) allocated to general partner	$	(291)	$	(181)
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 June 30,
(Unaudited)

Series 43

		2020		2019
Income
Interest income	$	1,219	$	2,088
Other income		874		874
		2,093		2,962
Gain on disposition of Operating Partnerships		9,000		1,060,582
Expenses
Professional fees		6,562		657
Fund management fee, net (Note C)		17,578		26,111
General and administrative expenses		5,789		5,357
		29,929		32,125
NET INCOME (LOSS)	$	(18,836)	$	1,031,419
Net income (loss) allocated to  assignees	$	(18,648)	$	1,021,105
Net income (loss) allocated to general partner	$	(188)	$	10,314
Net income (loss) per BAC	$	(.01)	$	.28

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 June 30,
(Unaudited)

Series 44

		2020		2019
Income
Interest income	$	421	$	584
Other income		-		794
		421		1,378
Gain on disposition of Operating Partnerships		-		1,296,267
Expenses
Professional fees		5,607		657
Fund management fee, net (Note C)		24,095		47,931
General and administrative expenses		5,315		4,846
		35,017		53,434
NET INCOME (LOSS)	$	(34,596)	$	1,244,211
Net income (loss) allocated to  assignees	$	(34,250)	$	1,231,769
Net income (loss) allocated to general partner	$	(346)	$	12,442
Net income (loss) per BAC	$	(.01)	$	.46

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 June 30,
(Unaudited)

Series 45

		2020		2019
Income
Interest income	$	369	$	3,828
Other income		22,990		22,313
		23,359		26,141
Gain on disposition of Operating Partnerships		-		-
Expenses
Professional fees		8,657		657
Fund management fee, net (Note C)		31,504		49,844
General and administrative expenses		6,157		6,424
		46,318		56,925
NET INCOME (LOSS)	$	(22,959)	$	(30,784)
Net income (loss) allocated to  assignees	$	(22,729)	$	(30,476)
Net income (loss) allocated to general partner	$	(230)	$	(308)
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 June 30,
(Unaudited)

Series 46

		2020		2019
Income
Interest income	$	398	$	1,101
Other income		21,971		26,380
		22,369		27,481
Gain on disposition of Operating Partnerships		68,500		-
Expenses
Professional fees		6,560		657
Fund management fee, net (Note C)		45,163		44,471
General and administrative expenses		5,286		5,134
		57,009		50,262
NET INCOME (LOSS)	$	33,860	$	(22,781)
Net income (loss) allocated to  assignees	$	33,521	$	(22,553)
Net income (loss) allocated to general partner	$	339	$	(228)
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 CHANGES IN PARTNERS' CAPITAL (DEFICIT)

Three Months Ended June 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)
		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

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)

Three Months Ended June 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	$	-

		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	$	-

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)

Three Months Ended June 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	$	-

		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	$	-

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)

Three Months Ended June 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	$	-

		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	$	-

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)

Three Months Ended June 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	$	-

		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	$	-

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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)	$	-

		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)	$	-

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)

Three Months Ended June 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

		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

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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)

		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)

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)

Three Months Ended June 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	$	-

		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	$	-

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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

		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

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)

Three Months Ended June 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

		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)

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)

Three Months Ended June 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)

		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)

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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)	$	-

		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)	$	-

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)

Three Months Ended June 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)	$	-

		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

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)

Three Months Ended June 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)	$	-

		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)	$	-

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)

Three Months Ended June 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)	$	-

		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)

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)

Three Months Ended June 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)

		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)

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)

Three Months Ended June 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

		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

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)

Three Months Ended June 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

		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

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)

Three Months Ended June 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	$	(2238,244)	$	(79,574)

		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)

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)

Three Months Ended June 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)

		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)

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)

Three Months Ended June 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)

		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)

The accompanying notes are an integral part of this condensed statement

Boston Capital Tax Credit Fund IV L.P.

CONDENSED STATEMENTS OF CASH FLOWS

Three Months Ended June 30,
(Unaudited)

		2019		2018
Cash flows from operating activities:
Net income (loss)	$	(191,394)	$	4,700,300
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		(87,000)		(4,884,617)
Changes in assets and liabilities
(Decrease) Increase in accounts    payable and accrued expenses		(6,500)		23,600
(Decrease) Increase in accounts    payable affiliates		(332,735)		69,806
Net cash provided by (used in)  operating activities		(617,629)		(90,911)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		87,000		4,884,617
Net cash provided by investing activities		87,000		4,884,617
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(530,629)		4,793,706
Cash and cash equivalents, beginning		6,622,109		22,926,529
Cash and cash equivalents, ending	$	6,091,480	$	27,720,235

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

Three Months Ended June 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
(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

Three Months Ended June 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
(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

Three Months Ended June 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
(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

Three Months Ended June 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
(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

Three Months Ended June 30,
(Unaudited)

Series 24

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	(10,914)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(10,914)
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		-		(10,914)
Cash and cash equivalents, beginning		-		402,018
Cash and cash equivalents, ending	$	-	$	391,104

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

Three Months Ended June 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
(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

Three Months Ended June 30,

(Unaudited)

Series 26

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(15,665)	$	(18,860)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		(15,665)		(18,860)
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		(15,665)		(18,860)
Cash and cash equivalents, beginning		576,004		554,439
Cash and cash equivalents, ending	$	560,339	$	535,579

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

Three Months Ended June 30,
(Unaudited)

Series 27

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	9,555
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		9,555
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		-		9,555
Cash and cash equivalents, beginning		-		6,500,234
Cash and cash equivalents, ending	$	-	$	6,509,789

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

Three Months Ended June 30,
(Unaudited)

Series 28

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	(10,673)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(10,673)
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		-		(10,673)
Cash and cash equivalents, beginning		-		690,605
Cash and cash equivalents, ending	$	-	$	679,932

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

Three Months Ended June 30,

(Unaudited)

Series 29

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(7,081)	$	(13,024)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		6,854		7,260
Net cash provided by (used in)  operating activities		(9,727)		(5,764)
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		(227)		(5,764)
Cash and cash equivalents, beginning		157,446		196,944
Cash and cash equivalents, ending	$	157,219	$	191,180

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

Three Months Ended June 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
(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

Three Months Ended June 30,
(Unaudited)

Series 31

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	644,052
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(587,469)
Changes in assets and liabilities
(Decrease) Increase in accounts    payable and accrued expenses		-		8,000
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		64,583
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		587,469
Net cash provided by investing activities		-		587,469
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		-		652,052
Cash and cash equivalents, beginning		-		1,953,570
Cash and cash equivalents, ending	$	-	$	2,605,622

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

Three Months Ended June 30,
(Unaudited)

Series 32

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(26,327)	$	(13,770)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		15,132		19,794
Net cash provided by (used in)  operating activities		(11,195)		6,024
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		(11,195)		6,024
Cash and cash equivalents, beginning		193,203		272,226
Cash and cash equivalents, ending	$	182,008	$	278,250

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

Three Months Ended June 30,
(Unaudited)

Series 33

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(18,953)	$	(1,425)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		13,318
Net cash provided by (used in)  operating activities		(18,953)		11,893
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		(18,953)		11,893
Cash and cash equivalents, beginning		561,941		236,612
Cash and cash equivalents, ending	$	542,988	$	248,505

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

Three Months Ended June 30,
(Unaudited)

Series 34

				2020		2019
Cash flows from operating activities:
Net income (loss)		$		(16,961)	$	(14,641)
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
(Decrease) Increase in accounts    payable and accrued expenses				-		-
(Decrease) Increase in accounts    payable affiliates				6,727		12,365
Net cash provided by (used in)  operating activities				(10,234)		(2,276)
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				(10,234)		(2,276)
Cash and cash equivalents, beginning				148,344		178,285
Cash and cash equivalents, ending		$		138,110	$	176,009
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

Three Months Ended June 30,
(Unaudited)

Series 35

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	2,681
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		2,681
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		-		2,681
Cash and cash equivalents, beginning		-		4,395,774
Cash and cash equivalents, ending	$	-	$	4,398,455

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

Three Months Ended June 30,
(Unaudited)

Series 36

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	475,620
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
(Decrease) Increase in accounts    payable and accrued expenses		-		100
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(605)
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		-		475,720
Cash and cash equivalents, beginning		-		2,541,359
Cash and cash equivalents, ending	$	-	$	3,017,079

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

Three Months Ended June 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
(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

Three Months Ended June 30,
(Unaudited)

Series 38

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	1,445,265
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
(Decrease) Increase in accounts    payable and accrued expenses		-		14,000
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		-		(4,709)
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		-		1,459,265
Cash and cash equivalents, beginning		-		1,499,106
Cash and cash equivalents, ending	$	-	$	2,958,371

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

Three Months Ended June 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
(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

Three Months Ended June 30,
(Unaudited)

Series 40

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	-	$	(18,106)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		(9,500)
(Decrease) Increase in accounts    payable affiliates		-		20,870
Net cash provided by (used in)  operating activities		-		(6,736)
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		-		(6,736)
Cash and cash equivalents, beginning		-		193,344
Cash and cash equivalents, ending	$	-	$	186,608

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

Three Months Ended June 30,
(Unaudited)

Series 41

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(34,776)	$	20,620
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		28,521		34,077
Net cash provided by (used in)  operating activities		(6,255)		54,697
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		(6,255)		54,697
Cash and cash equivalents, beginning		352,239		246,214
Cash and cash equivalents, ending	$	345,984	$	300,911

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

Three Months Ended June 30,
(Unaudited)

Series 42

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(29,100)	$	(18,145)
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
(Decrease) Increase in accounts    payable and accrued expenses		-		-
(Decrease) Increase in accounts    payable affiliates		-		-
Net cash provided by (used in)  operating activities		(29,100)		(18,145)
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		(29,100)		(18,145)
Cash and cash equivalents, beginning		1,607,893		1,300,483
Cash and cash equivalents, ending	$	1,578,793	$	1,282,338

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

Three Months Ended June 30,
(Unaudited)

Series 43

			2020		2019
Cash flows from operating activities:
Net income (loss)		$	(18,836)	$	1,031,419
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships			(9,000)		(1,060,582)
Changes in assets and liabilities
(Decrease) Increase in accounts    payable and accrued expenses			3,000		4,950
(Decrease) Increase in accounts    payable affiliates			-		31,111
Net cash provided by (used in)  operating activities			(24,836)		6,898
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships			9,000		1,060,582
Net cash provided by investing activities			9,000		1,060,582
			-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS			(15,836)		1,067,480
Cash and cash equivalents, beginning			1,416,291		414,540
Cash and cash equivalents, ending		$	1,400,455	$	1,482,020
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

Three Months Ended June 30,
(Unaudited)

Series 44

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(34,596)	$	1,244,211
Adjustments to reconcile net income (loss) to net cash provided by   (used in) operating activities
Gain on disposition of     Operating Partnerships		-		(1,296,267)
Changes in assets and liabilities
(Decrease) Increase in accounts    payable and accrued expenses		(4,000)		6,050
(Decrease) Increase in accounts    payable affiliates		30,315		(180,932)
Net cash provided by (used in)  operating activities		(8,281)		(226,938)
Cash flows from investing activities:
Proceeds from the disposition of     Operating Partnerships		-		1,296,267
Net cash provided by investing activities		-		1,296,267
		-		-
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		(8,281)		1,069,329
Cash and cash equivalents, beginning		321,693		113,020
Cash and cash equivalents, ending	$	313,412	$	1,182,349

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

Three Months Ended June 30,
(Unaudited)

Series 45

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	(22,959)	$	(30,784)
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
(Decrease) Increase in accounts    payable and accrued expenses		(12,000)		-
(Decrease) Increase in accounts    payable affiliates		(468,773)		59,644
Net cash provided by (used in)  operating activities		(503,732)		28,860
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		(503,732)		28,860
Cash and cash equivalents, beginning		859,371		916,581
Cash and cash equivalents, ending	$	355,639	$	945,441

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

Three Months Ended June 30,
(Unaudited)

Series 46

		2020		2019
Cash flows from operating activities:
Net income (loss)	$	33,860	$	(22,781)
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
(Decrease) Increase in accounts    payable and accrued expenses		6,500		-
(Decrease) Increase in accounts    payable affiliates		48,489		52,299
Net cash provided by (used in)  operating activities		20,349		29,518
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		88,849		29,518
Cash and cash equivalents, beginning		427,684		321,175
Cash and cash equivalents, ending	$	516,533	$	350,693

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
June 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
June 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 June 30, 2020 and for the three 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
June 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 June 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	6,854	7,260
Series 30	-	-
Series 31	-	4,308
Series 32	15,132	19,794
Series 33	9,777	13,318
Series 34	6,727	12,365
Series 35	-	10,653
Series 36	-	5,172
Series 37	-	-
Series 38	-	16,581
Series 39	-	-
Series 40	-	20,870
Series 41	28,521	34,077
Series 42	19,259	23,790
Series 43	21,348	31,111
Series 44	30,315	54,702
Series 45	38,900	59,644
Series 46	48,489	52,299
	$229,604	$405,112

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

NOTE C - RELATED PARTY TRANSACTIONS (continued)

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

	2020	2019
Series 24	$        -	$   10,299
Series 26	4,282	13,938
Series 27	-	7,635
Series 28	-	7,296
Series 31	-	4,308
Series 33	9,777	-
Series 35	-	10,653
Series 36	-	5,172
Series 38	-	16,581
Series 42	19,259	23,790
Series 43	21,348	-
Series 45	507,673	-
	$  562,339	$   99,672

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

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS

At June 30, 2020 and 2019, the Fund has limited partnership interests in 65 and 121 Operating Partnerships, respectively, which own or are constructing apartment complexes.

The breakdown of Operating Partnerships within the Fund at June 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	-	3
Series 28	-	4
Series 29	4	5
Series 30	-	-
Series 31	-	-
Series 32	3	5
Series 33	2	3
Series 34	2	4
Series 35	-	2
Series 36	-	1
Series 37	-	-
Series 38	-	1
Series 39	-	-
Series 40	-	7
Series 41	8	11
Series 42	6	9
Series 43	10	12
Series 44	3	6
Series 45	13	22
Series 46	11	14
	65	121

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 June 30, 2020 and 2019, are as follows:

	2020	2019
Series 29	$    785	$    785
Series 32	-	1,229
Series 40	-	102
Series 42	254	254
Series 45	-	16,724
	$  1,039	$19,094

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

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

During the three months ended June 30, 2020 the Fund disposed of three Operating Partnerships. A summary of the dispositions by Series for June 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 43	1	-		9,000		9,000
Series 46	1	-		68,500		68,500
Total	3	-	$	87,000	$	87,000

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

	Operating Partnership Interest Transferred	Sale of Underlying Operating Partnership	Fund Proceeds from Disposition		Gain on Disposition
Series 31	-	1	$	587,469	$	587,469
Series 36	-	1		476,325		476,325
Series 38	1	1		1,463,974		1,463,974
Series 43	-	1		1,060,582		1,060,582
Series 44	-	1		1,296,267		1,296,267
Total	1	5	$	4,884,617	$	4,884,617

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
June 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 three months ended March 31, 2020.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

		2020	2019
Revenues
	Rental	$   6,174,994	$   9,231,700
	Interest and other	141,707	237,336
		6,316,701	9,469,036
Expenses
	Interest	1,056,994	1,459,326
	Depreciation and amortization	1,393,692	2,269,401
	Operating expenses	4,321,460	6,755,756
		6,772,146	10,484,483
NET INCOME (LOSS)		$   (455,445)	$ (1,015,447)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (450,891)	$ (1,005,291)
Net income (loss) allocated to other Partners		$     (4,554)	$    (10,156)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three 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.

Boston Capital Tax Credit Fund IV L.P.

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

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 24

		2020	2019
Revenues
	Rental	$         -	$   211,158
	Interest and other	-	9,766
		-	220,924
Expenses
	Interest	-	18,234
	Depreciation and amortization	-	59,451
	Operating expenses	-	177,353
		-	255,038
NET INCOME (LOSS)		$         -	$  (34,114)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (33,773)
Net income (loss) allocated to other Partners		$         -	$     (341)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 26

		2020	2019
Revenues
	Rental	$   108,570	$   302,606
	Interest and other	1,225	4,753
		109,795	307,359
Expenses
	Interest	13,666	53,441
	Depreciation and amortization	27,578	78,644
	Operating expenses	111,496	284,598
		152,740	416,683
NET INCOME (LOSS)		$  (42,945)	$ (109,324)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (42,516)	$ (108,231)
Net income (loss) allocated to other Partners		$     (429)	$   (1,093)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 27

		2020	2019
Revenues
	Rental	$         -	$   165,830
	Interest and other	-	2,311
		-	168,141
Expenses
	Interest	-	7,779
	Depreciation and amortization	-	44,584
	Operating expenses	-	142,630
		-	194,993
NET INCOME (LOSS)		$         -	$  (26,852)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (26,583)
Net income (loss) allocated to other Partners		$         -	$     (269)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 28

		2020	2019
Revenues
	Rental	$          -	$    209,625
	Interest and other	-	6,436
		-	216,061
Expenses
	Interest	-	31,289
	Depreciation and amortization	-	45,523
	Operating expenses	-	167,651
		-	244,463
NET INCOME (LOSS)		$          -	$   (28,402)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$          -	$   (28,118)
Net income (loss) allocated to other Partners		$          -	$      (284)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 29

		2020	2019
Revenues
	Rental	$    208,972	$    232,114
	Interest and other	6,445	21,992
		215,417	254,106
Expenses
	Interest	33,626	39,826
	Depreciation and amortization	37,182	46,163
	Operating expenses	184,989	210,830
		255,797	296,819
NET INCOME (LOSS)		$   (40,380)	$   (42,713)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (39,976)	$   (42,286)
Net income (loss) allocated to other Partners		$      (404)	$      (427)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 32

		2020	2019
Revenues
	Rental	$    292,621	$    380,931
	Interest and other	4,873	6,850
		297,494	387,781
Expenses
	Interest	44,187	62,686
	Depreciation and amortization	87,094	109,523
	Operating expenses	250,700	306,902
		381,981	479,111
NET INCOME (LOSS)		$   (84,487)	$   (91,330)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (83,642)	$   (90,417)
Net income (loss) allocated to other Partners		$      (845)	$      (913)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 33

		2020	2019
Revenues
	Rental	$   224,455	$   322,135
	Interest and other	7,915	10,404
		232,370	332,539
Expenses
	Interest	37,328	46,610
	Depreciation and amortization	48,034	70,198
	Operating expenses	172,781	217,428
		258,143	334,236
NET INCOME (LOSS)		$  (25,773)	$   (1,697)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (25,515)	$   (1,680)
Net income (loss) allocated to other Partners		$     (258)	$      (17)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 34

		2020	2019
Revenues
	Rental	$   163,362	$   246,003
	Interest and other	5,670	16,394
		169,032	262,397
Expenses
	Interest	24,983	30,082
	Depreciation and amortization	38,249	68,466
	Operating expenses	140,447	213,930
		203,679	312,478
NET INCOME (LOSS)		$  (34,647)	$  (50,081)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (34,301)	$  (49,580)
Net income (loss) allocated to other Partners		$     (346)	$     (501)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 35

		2020	2019
Revenues
	Rental	$         -	$   271,017
	Interest and other	-	4,005
		-	275,022
Expenses
	Interest	-	42,885
	Depreciation and amortization	-	81,433
	Operating expenses	-	151,786
		-	276,104
NET INCOME (LOSS)		$         -	$   (1,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$   (1,071)
Net income (loss) allocated to other Partners		$         -	$      (11)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 36

		2020	2019
Revenues
	Rental	$         -	$    44,387
	Interest and other	-	405
		-	44,792
Expenses
	Interest	-	10,598
	Depreciation and amortization	-	13,681
	Operating expenses	-	42,974
		-	67,253
NET INCOME (LOSS)		$         -	$  (22,461)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (22,236)
Net income (loss) allocated to other Partners		$         -	$     (225)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 38

		2019	2018
Revenues
	Rental	$         -	$    57,606
	Interest and other	-	444
		-	58,050
Expenses
	Interest	-	6,584
	Depreciation and amortization	-	13,817
	Operating expenses	-	49,515
		-	69,916
NET INCOME (LOSS)		$         -	$  (11,866)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (11,747)
Net income (loss) allocated to other Partners		$         -	$     (119)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 40

		2020	2019
Revenues
	Rental	$         -	$   441,912
	Interest and other	-	8,469
		-	450,381
Expenses
	Interest	-	72,357
	Depreciation and amortization	-	112,261
	Operating expenses	-	324,446
		-	509,064
NET INCOME (LOSS)		$         -	$  (58,683)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$         -	$  (58,096)
Net income (loss) allocated to other Partners		$         -	$     (587)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 41

		2020	2019
Revenues
	Rental	$   804,868	$   890,023
	Interest and other	20,306	15,975
		825,174	905,998
Expenses
	Interest	142,009	141,672
	Depreciation and amortization	153,428	184,231
	Operating expenses	536,406	647,197
		831,843	973,100
NET INCOME (LOSS)		$   (6,669)	$  (67,102)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$   (6,602)	$  (66,431)
Net income (loss) allocated to other Partners		$      (67)	$     (671)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 42

		2020	2019
Revenues
	Rental	$   482,450	$   565,584
	Interest and other	22,177	21,476
		504,627	587,060
Expenses
	Interest	93,920	108,697
	Depreciation and amortization	122,288	161,791
	Operating expenses	390,678	425,984
		606,886	696,472
NET INCOME (LOSS)		$ (102,259)	$ (109,412)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$ (101,236)	$ (108,318)
Net income (loss) allocated to other Partners		$   (1,023)	$   (1,094)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 43

		2020	2019
Revenues
	Rental	$   625,563	$   709,186
	Interest and other	16,770	22,890
		642,333	732,076
Expenses
	Interest	51,066	58,995
	Depreciation and amortization	169,541	209,208
	Operating expenses	510,237	571,390
		730,844	839,593
NET INCOME (LOSS)		$  (88,511)	$ (107,517)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (87,626)	$ (106,442)
Net income (loss) allocated to other Partners		$     (885)	$   (1,075)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 44

		2020	2019
Revenues
	Rental	$    908,953	$  1,292,523
	Interest and other	10,255	27,348
		919,208	1,319,871
Expenses
	Interest	217,657	285,199
	Depreciation and amortization	169,809	273,415
	Operating expenses	393,371	776,122
		780,837	1,334,736
NET INCOME (LOSS)		$    138,371	$   (14,865)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$    136,987	$   (14,716)
Net income (loss) allocated to other Partners		$      1,384	$      (149)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 45

		2020	2019
Revenues
	Rental	$  1,154,815	$  1,645,266
	Interest and other	19,363	38,435
		1,174,178	1,683,701
Expenses
	Interest	165,201	202,174
	Depreciation and amortization	277,464	413,271
	Operating expenses	880,025	1,280,338
		1,322,690	1,895,783
NET INCOME (LOSS)		$  (148,512)	$  (212,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (147,027)	$  (209,961)
Net income (loss) allocated to other Partners		$    (1,485)	$    (2,121)

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
June 30, 2020
(Unaudited)

NOTE D - INVESTMENT IN OPERATING PARTNERSHIPS - (continued)

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS
Three Months Ended March 31,
(Unaudited)

Series 46

		2020	2019
Revenues
	Rental	$ 1,200,365	$ 1,243,794
	Interest and other	26,708	18,983
		1,227,073	1,262,777
Expenses
	Interest	233,351	240,218
	Depreciation and amortization	263,025	283,741
	Operating expenses	750,330	764,682
		1,246,706	1,288,641
NET INCOME (LOSS)		$  (19,633)	$  (25,864)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.		$  (19,437)	$  (25,605)
Net income (loss) allocated to other Partners		$     (196)	$     (259)

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
June 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

Events that occur after the balance sheet date but before the financial statements were available to be issued must be evaluated for recognition or disclosure.  The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. Subsequent events, which provide evidence about conditions that existed after the balance sheet date, require disclosure in the accompanying notes.  Management evaluated the activity of the Fund through the date the financial statements were issued, and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements.

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.

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 three months ended June 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 June 30, 2020 were $229,604 and total fund management fees accrued as of June 30, 2020 were $12,775,043. During the three months ended June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 June 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 15 of the Operating Partnerships and 8 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 June 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 June 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 June 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 June 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 13 of the Operating Partnerships and 10 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 June 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 June 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 18 of the Operating Partnerships and 13 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 June 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 June 30, 2020, Series 46 had released all payments of its capital contributions to the Operating Partnerships.

Results of Operations

As of June 30, 2020 and 2019, the Fund held limited partnership interests in 65 and 121 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 months ended June 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	6,854	-	6,854
Series 30	-	-	-
Series 31	-	-	-
Series 32	15,132	-	15,132
Series 33	9,777	-	9,777
Series 34	6,727	-	6,727
Series 35	-	-	-
Series 36	-	-	-
Series 37	-	-	-
Series 38	-	-	-
Series 39	-	-	-
Series 40	-	-	-
Series 41	28,521	2,293	26,228
Series 42	19,259	-	19,259
Series 43	21,348	3,770	17,578
Series 44	30,315	6,220	24,095
Series 45	38,900	7,396	31,504
Series 46	48,489	3,326	45,163
	$229,604	$23,005	$206,599

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 June 30, 2020 and 2019.

Series 21

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

Series 22

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

Series 23

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

Series 24

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

For the three month periods ended June 30, 2020 and 2019, Series 24 reflects a net loss from Operating Partnerships of $- and $(34,114), respectively, which includes depreciation and amortization of $- and $59,451, 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 June 30, 2020 and 2019.

Series 26

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

For the three month periods ended June 30, 2020 and 2019, Series 26 reflects a net loss from Operating Partnerships of $(42,945) and $(109,324), respectively, which includes depreciation and amortization of $27,578 and $78,644, 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 June 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of June 30, 2020.

For the three month periods ended June 30, 2020 and 2019, Series 27 reflects a net loss from Operating Partnerships of $- and $(26,852), respectively, which includes depreciation and amortization of $- and $44,584, 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 June 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of June 30, 2020.

For the three month periods ended June 30, 2020 and 2019, Series 28 reflects a net loss from Operating Partnerships of $- and $(28,402), respectively, which includes depreciation and amortization of $- and $45,523, 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 June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 4 properties at June 30, 2020, all of which were at 100% Qualified Occupancy.

For the three month periods ended June 30, 2020 and 2019, Series 29 reflects a net loss from Operating Partnerships of $(40,380) and $(42,713), respectively, which includes depreciation and amortization of $37,182 and $46,163, 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.

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.

Westfield Apartments Partnership, A Louisiana Partnership

The Lincoln Hotel

Ozark Associates, L.P.

Series 30

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

Series 31

The series did not have any properties as of June 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 June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 3 properties at June 30, 2020, all of which were at 100% Qualified Occupancy

For the three month periods ended June 30, 2020 and 2019, Series 32 reflects a net loss from Operating Partnerships of $(84,487) and $(91,330), respectively, which includes depreciation and amortization of $87,094 and $109,523, 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 June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 2 properties at June 30, 2020, all of which were at 100% Qualified Occupancy.

For the three month periods ended June 30, 2020 and 2019, Series 33 reflects a net loss from Operating Partnerships of $(25,773) and $(1,697), respectively, which includes depreciation and amortization of $48,034 and $70,198, 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 June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 2 properties at June 30, 2020, all of which were at 100% Qualified Occupancy.

For the three month periods ended June 30, 2020 and 2019, Series 34 reflects a net loss from Operating Partnerships of $(34,647) and $(50,081), respectively, which includes depreciation and amortization of $38,249 and $68,466, 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 June 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of June 30, 2020.

For the three month periods ended June 30, 2020 and 2019, Series 35 reflects a net loss from Operating Partnerships of $- and $(1,082), respectively, which includes depreciation and amortization of $- and $81,433, 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 June 30, 2019, the average Qualified Occupancy for the series was 100%. The series did not have any properties as of June 30, 2020.

For the three month periods ended June 30, 2020 and 2019, Series 36 reflects a net loss from Operating Partnerships of $- and $(22,461), respectively, which includes depreciation and amortization of $- and $13,681, 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 June 30, 2020 and 2019.

Series 38

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

For the three month periods ended June 30, 2020 and 2019, Series 38 reflects a net loss from Operating Partnerships of $- and $(11,866), respectively, which includes depreciation and amortization of $- and $13,817, 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 June 30, 2020 and 2019.

Series 40

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

For the three month periods ended June 30, 2020 and 2019, Series 40 reflects a net loss from Operating Partnerships of $- and $(58,683), respectively, which includes depreciation and amortization of $- and $112,261, 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 June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 8 properties at June 30, 2020, all of which were at 100% Qualified Occupancy.

For the three month periods ended June 30, 2020 and 2019, Series 41 reflects a net loss from Operating Partnerships of $(6,669) and $(67,102), respectively, which includes depreciation and amortization of $153,428 and $184,231, 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.

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

For the three month periods ended June 30, 2020 and 2019, Series 42 reflects a net loss from Operating Partnerships of $(102,259) and $(109,412), respectively, which includes depreciation and amortization of $122,288 and $161,791, 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.

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.

Wingfield Apartments Partnership II, LP

Parkhurst Place Limited Partnership

Series 43

As of June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 10 properties at June 30, 2020, all of which were at 100% Qualified Occupancy.

For the three month periods ended June 30, 2020 and 2019, Series 43 reflects a net loss from Operating Partnerships of $(88,511) and $(107,517), respectively, which includes depreciation and amortization of $169,541 and $209,208, 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 will be 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.

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

For the three month periods ended June 30, 2020 and 2019, Series 44 reflects a net income (loss) from Operating Partnerships of $138,371 and $(14,865), respectively, which includes depreciation and amortization of $169,809 and $273,415, 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 June 30, 2020 and 2019, the average Qualified Occupancy for the series was 100%. The series had a total of 13 properties at June 30, 2020, all of which were at 100% Qualified Occupancy.

For the three month periods ended June 30, 2020 and 2019, Series 45 reflects a net loss from Operating Partnerships of $(148,512) and $(212,082), respectively, which includes depreciation and amortization of $277,464 and $413,271, 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.

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

For the three month periods ended June 30, 2020 and 2019, Series 46 reflects a net loss from Operating Partnerships of $(19,633) and $(25,864), respectively, which includes depreciation and amortization of $263,025 and $283,741, 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.

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. As of June 2020, occupancy is 100%. 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 96% through June 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.

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 will be 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.

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 June 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 June 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: August 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:
August 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
August 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: August 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: August 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 June 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:
August 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 June 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:
August 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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	Jun. 30, 2020 shares
Document And Entity Information [Abstract]
Document Type	10-Q
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Document Period End Date	Jun. 30, 2020
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
Entity Registrant Name	BOSTON CAPITAL TAX CREDIT FUND IV LP
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 ($)	Jun. 30, 2020	Mar. 31, 2020
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	$ 0	$ 0
OTHER ASSETS
Cash and cash equivalents	6,091,480	6,622,109
Other assets	15,088	15,088
ASSETS	6,106,568	6,637,197
LIABILITIES
Accounts payable and accrued expenses	9,500	16,000
Accounts payable affiliates (Note C)	12,775,043	13,107,778
Capital contributions payable	1,039	1,039
LIABILITIES	12,785,582	13,124,817
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(6,232,312)	(6,042,833)
General Partner	(446,702)	(444,787)
PARTNERS' CAPITAL (DEFICIT)	(6,679,014)	(6,487,620)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	6,106,568	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	560,339	576,004
Other assets	0	0
ASSETS	560,339	576,004
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	873,078	888,586
General Partner	(312,739)	(312,582)
PARTNERS' CAPITAL (DEFICIT)	560,339	576,004
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	560,339	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	157,219	157,446
Other assets	0	0
ASSETS	157,219	157,446
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	3,112,729	3,105,875
Capital contributions payable	785	785
LIABILITIES	3,113,514	3,106,660
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(2,588,085)	(2,581,075)
General Partner	(368,210)	(368,139)
PARTNERS' CAPITAL (DEFICIT)	(2,956,295)	(2,949,214)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	157,219	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	182,008	193,203
Other assets	0	0
ASSETS	182,008	193,203
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	98,643	83,511
Capital contributions payable	0	0
LIABILITIES	98,643	83,511
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	488,895	514,959
General Partner	(405,530)	(405,267)
PARTNERS' CAPITAL (DEFICIT)	83,365	109,692
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	182,008	193,203
Series Thirty Three [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	542,988	561,941
Other assets	0	0
ASSETS	542,988	561,941
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	763,339	782,102
General Partner	(220,351)	(220,161)
PARTNERS' CAPITAL (DEFICIT)	542,988	561,941
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	542,988	561,941
Series Thirty Four [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	138,110	148,344
Other assets	0	0
ASSETS	138,110	148,344
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	2,452,401	2,445,674
Capital contributions payable	0	0
LIABILITIES	2,452,401	2,445,674
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(1,990,758)	(1,973,967)
General Partner	(323,533)	(323,363)
PARTNERS' CAPITAL (DEFICIT)	(2,314,291)	(2,297,330)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	138,110	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	345,984	352,239
Other assets	0	0
ASSETS	345,984	352,239
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	2,676,350	2,647,829
Capital contributions payable	0	0
LIABILITIES	2,676,350	2,647,829
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(2,057,894)	(2,023,466)
General Partner	(272,472)	(272,124)
PARTNERS' CAPITAL (DEFICIT)	(2,330,366)	(2,295,590)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	345,984	352,239
Series Forty Two [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	1,578,793	1,607,893
Other assets	11,300	11,300
ASSETS	1,590,093	1,619,193
LIABILITIES
Accounts payable and accrued expenses	0	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	254	254
LIABILITIES	254	254
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	1,814,878	1,843,687
General Partner	(225,039)	(224,748)
PARTNERS' CAPITAL (DEFICIT)	1,589,839	1,618,939
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	1,590,093	1,619,193
Series Forty Three [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	1,400,455	1,416,291
Other assets	0	0
ASSETS	1,400,455	1,416,291
LIABILITIES
Accounts payable and accrued expenses	3,000	0
Accounts payable affiliates (Note C)	0	0
Capital contributions payable	0	0
LIABILITIES	3,000	0
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	1,705,001	1,723,649
General Partner	(307,546)	(307,358)
PARTNERS' CAPITAL (DEFICIT)	1,397,455	1,416,291
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	1,400,455	1,416,291
Series Forty Four [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	313,412	321,693
Other assets	0	0
ASSETS	313,412	321,693
LIABILITIES
Accounts payable and accrued expenses	0	4,000
Accounts payable affiliates (Note C)	392,986	362,671
Capital contributions payable	0	0
LIABILITIES	392,986	366,671
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	158,670	192,920
General Partner	(238,244)	(237,898)
PARTNERS' CAPITAL (DEFICIT)	(79,574)	(44,978)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	313,412	321,693
Series Forty Five [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	355,639	859,371
Other assets	0	0
ASSETS	355,639	859,371
LIABILITIES
Accounts payable and accrued expenses	0	12,000
Accounts payable affiliates (Note C)	1,883,063	2,351,836
Capital contributions payable	0	0
LIABILITIES	1,883,063	2,363,836
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(1,158,487)	(1,135,758)
General Partner	(368,937)	(368,707)
PARTNERS' CAPITAL (DEFICIT)	(1,527,424)	(1,504,465)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	355,639	859,371
Series Forty Six [Member]
ASSETS
INVESTMENTS IN OPERATING PARTNERSHIPS	0	0
OTHER ASSETS
Cash and cash equivalents	516,533	427,684
Other assets	3,788	3,788
ASSETS	520,321	431,472
LIABILITIES
Accounts payable and accrued expenses	6,500	0
Accounts payable affiliates (Note C)	2,158,871	2,110,382
Capital contributions payable	0	0
LIABILITIES	2,165,371	2,110,382
PARTNERS' CAPITAL (DEFICIT)
Assignees limited partner	(1,365,858)	(1,399,379)
General Partner	(279,192)	(279,531)
PARTNERS' CAPITAL (DEFICIT)	(1,645,050)	(1,678,910)
LIABILITIES AND PARTNERS' CAPITAL (DEFICIT)	$ 520,321	$ 431,472

XML

CONDENSED BALANCE SHEETS(Parenthetical) - $ / shares	Jun. 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	101,050,000	101,050,000
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
	Jun. 30, 2020	Jun. 30, 2019
Income
Interest income	$ 5,520	$ 69,800
Other income	48,341	107,605
Revenues	53,861	177,405
Gain on disposition of Operating Partnerships	87,000	4,884,617
Expenses
Professional fees	63,215	13,567
Fund management fee, net (Note C)	206,599	244,682
General and administrative expenses	62,441	103,473
Operating expenses	332,255	361,722
NET INCOME (LOSS)	(191,394)	4,700,300
Net income (loss) allocated to assignees	(189,479)	4,653,296
Net income (loss) allocated to general partner	$ (1,915)	$ 47,004
Net income (loss) per BAC	$ 0.00	$ 0.06
Series Twenty [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty One [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Two [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Three [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Four [Member]
Income
Interest income	$ 0	$ 788
Other income	0	1,680
Revenues	0	2,468
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	7,943
General and administrative expenses	0	4,782
Operating expenses	0	13,382
NET INCOME (LOSS)	0	(10,914)
Net income (loss) allocated to assignees	0	(10,805)
Net income (loss) allocated to general partner	$ 0	$ (109)
Net income (loss) per BAC	$ 0.00	$ (0.01)
Series Twenty Five [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Six [Member]
Income
Interest income	$ 675	$ 1,124
Other income	0	420
Revenues	675	1,544
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	5,417	657
Fund management fee, net (Note C)	4,282	12,938
General and administrative expenses	6,641	6,809
Operating expenses	16,340	20,404
NET INCOME (LOSS)	(15,665)	(18,860)
Net income (loss) allocated to assignees	(15,508)	(18,671)
Net income (loss) allocated to general partner	$ (157)	$ (189)
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Seven [Member]
Income
Interest income	$ 0	$ 20,302
Other income	0	0
Revenues	0	20,302
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	5,255
General and administrative expenses	0	4,835
Operating expenses	0	10,747
NET INCOME (LOSS)	0	9,555
Net income (loss) allocated to assignees	0	9,459
Net income (loss) allocated to general partner	$ 0	$ 96
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Eight [Member]
Income
Interest income	$ 0	$ 1,211
Other income	0	446
Revenues	0	1,657
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	5,296
General and administrative expenses	0	6,377
Operating expenses	0	12,330
NET INCOME (LOSS)	0	(10,673)
Net income (loss) allocated to assignees	0	(10,566)
Net income (loss) allocated to general partner	$ 0	$ (107)
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Twenty Nine [Member]
Income
Interest income	$ 195	$ 725
Other income	0	0
Revenues	195	725
Gain on disposition of Operating Partnerships	9,500	0
Expenses
Professional fees	4,847	657
Fund management fee, net (Note C)	6,854	7,260
General and administrative expenses	5,075	5,832
Operating expenses	16,776	13,749
NET INCOME (LOSS)	(7,081)	(13,024)
Net income (loss) allocated to assignees	(7,010)	(12,894)
Net income (loss) allocated to general partner	$ (71)	$ (130)
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Thirty [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Thirty One [Member]
Income
Interest income	$ 0	$ 4,004
Other income	0	0
Revenues	0	4,004
Gain on disposition of Operating Partnerships	0	587,469
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	(59,987)
General and administrative expenses	0	6,751
Operating expenses	0	(52,579)
NET INCOME (LOSS)	0	644,052
Net income (loss) allocated to assignees	0	637,611
Net income (loss) allocated to general partner	$ 0	$ 6,441
Net income (loss) per BAC	$ 0.00	$ 0.15
Series Thirty Two [Member]
Income
Interest income	$ 250	$ 922
Other income	0	0
Revenues	250	922
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	4,847	1,199
Fund management fee, net (Note C)	15,132	6,794
General and administrative expenses	6,598	6,699
Operating expenses	26,577	14,692
NET INCOME (LOSS)	(26,327)	(13,770)
Net income (loss) allocated to assignees	(26,064)	(13,632)
Net income (loss) allocated to general partner	$ (263)	$ (138)
Net income (loss) per BAC	$ (0.01)	$ 0.00
Series Thirty Three [Member]
Income
Interest income	$ 458	$ 862
Other income	0	0
Revenues	458	862
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	4,467	1,199
Fund management fee, net (Note C)	9,777	(4,102)
General and administrative expenses	5,167	5,190
Operating expenses	19,411	2,287
NET INCOME (LOSS)	(18,953)	(1,425)
Net income (loss) allocated to assignees	(18,763)	(1,411)
Net income (loss) allocated to general partner	$ (190)	$ (14)
Net income (loss) per BAC	$ (0.01)	$ 0.00
Series Thirty Four [Member]
Income
Interest income	$ 237	$ 633
Other income	0	0
Revenues	237	633
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	4,657	657
Fund management fee, net (Note C)	6,727	9,365
General and administrative expenses	5,814	5,252
Operating expenses	17,198	15,274
NET INCOME (LOSS)	(16,961)	(14,641)
Net income (loss) allocated to assignees	(16,791)	(14,495)
Net income (loss) allocated to general partner	$ (170)	$ (146)
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Thirty Five [Member]
Income
Interest income	$ 0	$ 12,191
Other income	0	3,782
Revenues	0	15,973
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	7,453
General and administrative expenses	0	5,182
Operating expenses	0	13,292
NET INCOME (LOSS)	0	2,681
Net income (loss) allocated to assignees	0	2,654
Net income (loss) allocated to general partner	$ 0	$ 27
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Thirty Six [Member]
Income
Interest income	$ 0	$ 9,963
Other income	0	0
Revenues	0	9,963
Gain on disposition of Operating Partnerships	0	476,325
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	5,172
General and administrative expenses	0	4,839
Operating expenses	0	10,668
NET INCOME (LOSS)	0	475,620
Net income (loss) allocated to assignees	0	470,864
Net income (loss) allocated to general partner	$ 0	$ 4,756
Net income (loss) per BAC	$ 0.00	$ 0.23
Series Thirty Seven [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Thirty Eight [Member]
Income
Interest income	$ 0	$ 3,202
Other income	0	0
Revenues	0	3,202
Gain on disposition of Operating Partnerships	0	1,463,974
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	16,581
General and administrative expenses	0	4,673
Operating expenses	0	21,911
NET INCOME (LOSS)	0	1,445,265
Net income (loss) allocated to assignees	0	1,430,812
Net income (loss) allocated to general partner	$ 0	$ 14,453
Net income (loss) per BAC	$ 0.00	$ 0.56
Series Thirty Nine [Member]
Income
Interest income	$ 0	$ 0
Other income	0	0
Revenues	0	0
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	0
Fund management fee, net (Note C)	0	0
General and administrative expenses	0	0
Operating expenses	0	0
NET INCOME (LOSS)	0	0
Net income (loss) allocated to assignees	0	0
Net income (loss) allocated to general partner	$ 0	$ 0
Net income (loss) per BAC	$ 0.00	$ 0.00
Series Forty [Member]
Income
Interest income	$ 0	$ 696
Other income	0	0
Revenues	0	696
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	0	657
Fund management fee, net (Note C)	0	13,490
General and administrative expenses	0	4,655
Operating expenses	0	18,802
NET INCOME (LOSS)	0	(18,106)
Net income (loss) allocated to assignees	0	(17,925)
Net income (loss) allocated to general partner	$ 0	$ (181)
Net income (loss) per BAC	$ 0.00	$ (0.01)
Series Forty One [Member]
Income
Interest income	$ 381	$ 805
Other income	2,506	46,062
Revenues	2,887	46,867
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	5,987	657
Fund management fee, net (Note C)	26,228	20,581
General and administrative expenses	5,448	5,009
Operating expenses	37,663	26,247
NET INCOME (LOSS)	(34,776)	20,620
Net income (loss) allocated to assignees	(34,428)	20,414
Net income (loss) allocated to general partner	$ (348)	$ 206
Net income (loss) per BAC	$ (0.01)	$ 0.01
Series Forty Two [Member]
Income
Interest income	$ 917	$ 4,771
Other income	0	4,854
Revenues	917	9,625
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	5,607	657
Fund management fee, net (Note C)	19,259	22,286
General and administrative expenses	5,151	4,827
Operating expenses	30,017	27,770
NET INCOME (LOSS)	(29,100)	(18,145)
Net income (loss) allocated to assignees	(28,809)	(17,964)
Net income (loss) allocated to general partner	$ (291)	$ (181)
Net income (loss) per BAC	$ (0.01)	$ 0.00
Series Forty Three [Member]
Income
Interest income	$ 1,219	$ 2,088
Other income	874	874
Revenues	2,093	2,962
Gain on disposition of Operating Partnerships	9,000	1,060,582
Expenses
Professional fees	6,562	657
Fund management fee, net (Note C)	17,578	26,111
General and administrative expenses	5,789	5,357
Operating expenses	29,929	32,125
NET INCOME (LOSS)	(18,836)	1,031,419
Net income (loss) allocated to assignees	(18,648)	1,021,105
Net income (loss) allocated to general partner	$ (188)	$ 10,314
Net income (loss) per BAC	$ (0.01)	$ 0.28
Series Forty Four [Member]
Income
Interest income	$ 421	$ 584
Other income		794
Revenues	421	1,378
Gain on disposition of Operating Partnerships	0	1,296,267
Expenses
Professional fees	5,607	657
Fund management fee, net (Note C)	24,095	47,931
General and administrative expenses	5,315	4,846
Operating expenses	35,017	53,434
NET INCOME (LOSS)	(34,596)	1,244,211
Net income (loss) allocated to assignees	(34,250)	1,231,769
Net income (loss) allocated to general partner	$ (346)	$ 12,442
Net income (loss) per BAC	$ (0.01)	$ 0.46
Series Forty Five [Member]
Income
Interest income	$ 369	$ 3,828
Other income	22,990	22,313
Revenues	23,359	26,141
Gain on disposition of Operating Partnerships	0	0
Expenses
Professional fees	8,657	657
Fund management fee, net (Note C)	31,504	49,844
General and administrative expenses	6,157	6,424
Operating expenses	46,318	56,925
NET INCOME (LOSS)	(22,959)	(30,784)
Net income (loss) allocated to assignees	(22,729)	(30,476)
Net income (loss) allocated to general partner	$ (230)	$ (308)
Net income (loss) per BAC	$ (0.01)	$ (0.01)
Series Forty Six [Member]
Income
Interest income	$ 398	$ 1,101
Other income	21,971	26,380
Revenues	22,369	27,481
Gain on disposition of Operating Partnerships	68,500	0
Expenses
Professional fees	6,560	657
Fund management fee, net (Note C)	45,163	44,471
General and administrative expenses	5,286	5,134
Operating expenses	57,009	50,262
NET INCOME (LOSS)	33,860	(22,781)
Net income (loss) allocated to assignees	33,521	(22,553)
Net income (loss) allocated to general partner	$ 339	$ (228)
Net income (loss) per BAC	$ 0.01	$ (0.01)

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, 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	$ 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	$ 873,078	$ (312,739)	$ 560,339	$ 133,264	$ (133,264)	$ 0	$ 275,140	$ (275,140)	$ 0	$ (2,588,085)	$ (368,210)	$ (2,956,295)	$ (883,119)	$ 883,119	$ 0	$ 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)	$ 0	$ 188,889	$ (188,889)	$ 0	$ 196,043	$ (196,043)	$ 0	$ 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	$ (2,238,244)	$ (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)

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CONDENSED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income (loss)	$ (191,394)	$ 4,700,300
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(87,000)	(4,884,617)
Changes in assets and liabilities
(Decrease) Increase in accounts payable and accrued expenses	(6,500)	23,600
(Decrease) Increase in accounts payable affiliates	(332,735)	69,806
Net cash provided by (used in) operating activities	(617,629)	(90,911)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	87,000	4,884,617
Net cash provided by investing activities	87,000	4,884,617
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(530,629)	4,793,706
Cash and cash equivalents, beginning	6,622,109	22,926,529
Cash and cash equivalents, ending	6,091,480	27,720,235
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
(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
(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
(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
(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	(10,914)
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
(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	(10,914)
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	(10,914)
Cash and cash equivalents, beginning	0	402,018
Cash and cash equivalents, ending	0	391,104
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
(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)	(15,665)	(18,860)
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
(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	(15,665)	(18,860)
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	(15,665)	(18,860)
Cash and cash equivalents, beginning	576,004	554,439
Cash and cash equivalents, ending	560,339	535,579
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	9,555
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
(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	9,555
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	9,555
Cash and cash equivalents, beginning	0	6,500,234
Cash and cash equivalents, ending	0	6,509,789
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	(10,673)
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
(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	(10,673)
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	(10,673)
Cash and cash equivalents, beginning	0	690,605
Cash and cash equivalents, ending	0	679,932
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)	(7,081)	(13,024)
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
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	6,854	7,260
Net cash provided by (used in) operating activities	(9,727)	(5,764)
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	(227)	(5,764)
Cash and cash equivalents, beginning	157,446	196,944
Cash and cash equivalents, ending	157,219	191,180
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
(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	644,052
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(587,469)
Changes in assets and liabilities
(Decrease) Increase in accounts payable and accrued expenses	0	8,000
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	64,583
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	587,469
Net cash provided by investing activities	0	587,469
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	652,052
Cash and cash equivalents, beginning	0	1,953,570
Cash and cash equivalents, ending	0	2,605,622
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)	(26,327)	(13,770)
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
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	15,132	19,794
Net cash provided by (used in) operating activities	(11,195)	6,024
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	(11,195)	6,024
Cash and cash equivalents, beginning	193,203	272,226
Cash and cash equivalents, ending	182,008	278,250
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)	(18,953)	(1,425)
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
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	0	13,318
Net cash provided by (used in) operating activities	(18,953)	11,893
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	(18,953)	11,893
Cash and cash equivalents, beginning	561,941	236,612
Cash and cash equivalents, ending	542,988	248,505
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)	(16,961)	(14,641)
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
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	6,727	12,365
Net cash provided by (used in) operating activities	(10,234)	(2,276)
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	(10,234)	(2,276)
Cash and cash equivalents, beginning	148,344	178,285
Cash and cash equivalents, ending	138,110	176,009
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	2,681
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
(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	2,681
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	2,681
Cash and cash equivalents, beginning	0	4,395,774
Cash and cash equivalents, ending	0	4,398,455
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	475,620
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
(Decrease) Increase in accounts payable and accrued expenses	0	100
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(605)
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	475,720
Cash and cash equivalents, beginning	0	2,541,359
Cash and cash equivalents, ending	0	3,017,079
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
(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	1,445,265
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
(Decrease) Increase in accounts payable and accrued expenses	0	14,000
(Decrease) Increase in accounts payable affiliates	0	0
Net cash provided by (used in) operating activities	0	(4,709)
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	1,459,265
Cash and cash equivalents, beginning	0	1,499,106
Cash and cash equivalents, ending	0	2,958,371
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
(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	(18,106)
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
(Decrease) Increase in accounts payable and accrued expenses	0	(9,500)
(Decrease) Increase in accounts payable affiliates	0	20,870
Net cash provided by (used in) operating activities	0	(6,736)
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	(6,736)
Cash and cash equivalents, beginning	0	193,344
Cash and cash equivalents, ending	0	186,608
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)	(34,776)	20,620
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
(Decrease) Increase in accounts payable and accrued expenses	0	0
(Decrease) Increase in accounts payable affiliates	28,521	34,077
Net cash provided by (used in) operating activities	(6,255)	54,697
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	(6,255)	54,697
Cash and cash equivalents, beginning	352,239	246,214
Cash and cash equivalents, ending	345,984	300,911
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)	(29,100)	(18,145)
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
(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	(29,100)	(18,145)
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	(29,100)	(18,145)
Cash and cash equivalents, beginning	1,607,893	1,300,483
Cash and cash equivalents, ending	1,578,793	1,282,338
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)	(18,836)	1,031,419
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	(9,000)	(1,060,582)
Changes in assets and liabilities
(Decrease) Increase in accounts payable and accrued expenses	3,000	4,950
(Decrease) Increase in accounts payable affiliates	0	31,111
Net cash provided by (used in) operating activities	(24,836)	6,898
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	9,000	1,060,582
Net cash provided by investing activities	9,000	1,060,582
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(15,836)	1,067,480
Cash and cash equivalents, beginning	1,416,291	414,540
Cash and cash equivalents, ending	1,400,455	1,482,020
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)	(34,596)	1,244,211
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities
Gain on disposition of Operating Partnerships	0	(1,296,267)
Changes in assets and liabilities
(Decrease) Increase in accounts payable and accrued expenses	(4,000)	6,050
(Decrease) Increase in accounts payable affiliates	30,315	(180,932)
Net cash provided by (used in) operating activities	(8,281)	(226,938)
Cash flows from investing activities:
Proceeds from the disposition of Operating Partnerships	0	1,296,267
Net cash provided by investing activities	0	1,296,267
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	(8,281)	1,069,329
Cash and cash equivalents, beginning	321,693	113,020
Cash and cash equivalents, ending	313,412	1,182,349
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)	(22,959)	(30,784)
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
(Decrease) Increase in accounts payable and accrued expenses	(12,000)	0
(Decrease) Increase in accounts payable affiliates	(468,773)	59,644
Net cash provided by (used in) operating activities	(503,732)	28,860
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	(503,732)	28,860
Cash and cash equivalents, beginning	859,371	916,581
Cash and cash equivalents, ending	355,639	945,441
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)	33,860	(22,781)
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
(Decrease) Increase in accounts payable and accrued expenses	6,500	0
(Decrease) Increase in accounts payable affiliates	48,489	52,299
Net cash provided by (used in) operating activities	20,349	29,518
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	88,849	29,518
Cash and cash equivalents, beginning	427,684	321,175
Cash and cash equivalents, ending	516,533	350,693
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

3 Months Ended

Jun. 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

3 Months Ended

Jun. 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 June 30, 2020 and for the three 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.

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RELATED PARTY TRANSACTIONS

3 Months Ended

Jun. 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 June 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		6,854		7,260
Series 30		–		–
Series 31		–		4,308
Series 32		15,132		19,794
Series 33		9,777		13,318
Series 34		6,727		12,365
Series 35		–		10,653
Series 36		–		5,172
Series 37		–		–
Series 38		–		16,581
Series 39		–		–
Series 40		–		20,870
Series 41		28,521		34,077
Series 42		19,259		23,790
Series 43		21,348		31,111
Series 44		30,315		54,702
Series 45		38,900		59,644
Series 46		48,489		52,299
	$	229,604	$	405,112

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

	2020		2019
Series 24	$	–	$	10,299
Series 26		4,282		13,938
Series 27		–		7,635
Series 28		–		7,296
Series 31		–		4,308
Series 33		9,777		–
Series 35		–		10,653
Series 36		–		5,172
Series 38		–		16,581
Series 42		19,259		23,790
Series 43		21,348		–
Series 45		507,673		–
	$	562,339	$	99,672

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INVESTMENTS IN OPERATING PARTNERSHIPS

3 Months Ended

Jun. 30, 2020

INVESTMENTS IN OPERATING PARTNERSHIPS

INVESTMENTS IN OPERATING PARTNERSHIPS

NOTE D - INVESTMENTS IN OPERATING PARTNERSHIPS

At June 30, 2020 and 2019, the Fund has limited partnership interests in 65 and 121 Operating Partnerships, respectively, which own or are constructing apartment complexes.

The breakdown of Operating Partnerships within the Fund at June 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	–	3
Series 28	–	4
Series 29	4	5
Series 30	–	–
Series 31	–	–
Series 32	3	5
Series 33	2	3
Series 34	2	4
Series 35	–	2
Series 36	–	1
Series 37	–	–
Series 38	–	1
Series 39	–	–
Series 40	–	7
Series 41	8	11
Series 42	6	9
Series 43	10	12
Series 44	3	6
Series 45	13	22
Series 46	11	14
	65	121

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 June 30, 2020 and 2019, are as follows:

	2020		2019
Series 29	$	785	$	785
Series 32		–		1,229
Series 40		–		102
Series 42		254		254
Series 45		–		16,724
	$	1,039	$	19,094

During the three months ended June 30, 2020 the Fund disposed of three Operating Partnerships. A summary of the dispositions by Series for June 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 43	1	—		9,000		9,000
Series 46	1	—		68,500		68,500
Total	3	—	$	87,000	$	87,000

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

	Operating	Sale of
	Partnership	Underlying	Fund Proceeds
	Interest	Operating	from		Gain on
	Transferred	Partnership	Disposition		Disposition
Series 31	–	1	$	587,469	$	587,469
Series 36	–	1		476,325		476,325
Series 38	1	1		1,463,974		1,463,974
Series 43	–	1		1,060,582		1,060,582
Series 44	–	1		1,296,267		1,296,267
Total	1	5	$	4,884,617	$	4,884,617

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 three months ended March 31, 2020.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Three Months Ended March 31,

(Unaudited)

	2020		2019
Revenues
Rental	$	6,174,994	$	9,231,700
Interest and other		141,707		237,336
		6,316,701		9,469,036
Expenses
Interest		1,056,994		1,459,326
Depreciation and amortization		1,393,692		2,269,401
Operating expenses		4,321,460		6,755,756
		6,772,146		10,484,483
NET INCOME (LOSS)	$	(455,445)	$	(1,015,447)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(450,891)	$	(1,005,291)
Net income (loss) allocated to other Partners	$	(4,554)	$	(10,156)

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

Three 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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 23

	2020		2019
Revenues
Rental	$	-	$	l–
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

Three Months Ended March 31,

(Unaudited)

Series 24

	2020		2019
Revenues
Rental	$	–	$	211,158
Interest and other		–		9,766
		–		220,924
Expenses
Interest		–		18,234
Depreciation and amortization		–		59,451
Operating expenses		–		177,353
		–		255,038
NET INCOME (LOSS)	$	–	$	(34,114)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(33,773)
Net income (loss) allocated to other  Partners	$	–	$	(341)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 26

	2020		2019
Revenues
Rental	$	108,570	$	302,606
Interest and other		1,225		4,753
		109,795		307,359
Expenses
Interest		13,666		53,441
Depreciation and amortization		27,578		78,644
Operating expenses		111,496		284,598
		152,740		416,683
NET INCOME (LOSS)	$	(42,945)	$	(109,324)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(42,516)	$	(108,231)
Net income (loss) allocated to other  Partners	$	(429)	$	(1,093)

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

Three Months Ended March 31,

(Unaudited)

Series 27

	2020		2019
Revenues
Rental	$	–	$	165,830
Interest and other		–		2,311
		–		168,141
Expenses
Interest		–		7,779
Depreciation and amortization		–		44,584
Operating expenses		–		142,630
		–		194,993
NET INCOME (LOSS)	$	–	$	(26,852)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(26,583)
Net income (loss) allocated to other  Partners	$	–	$	(269)

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

Three Months Ended March 31,

(Unaudited)

Series 28

	2020		2019
Revenues
Rental	$	–	$	209,625
Interest and other		–		6,436
		–		216,061
Expenses
Interest		–		31,289
Depreciation and amortization		–		45,523
Operating expenses		–		167,651
		–		244,463
NET INCOME (LOSS)	$	–	$	(28,402)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(28,118)
Net income (loss) allocated to other  Partners	$	–	$	(284)

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

Three Months Ended March 31,

(Unaudited)

Series 29

	2020		2019
Revenues
Rental	$	208,972	$	232,114
Interest and other		6,445		21,992
		215,417		254,106
Expenses
Interest		33,626		39,826
Depreciation and amortization		37,182		46,163
Operating expenses		184,989		210,830
		255,797		296,819
NET INCOME (LOSS)	$	(40,380)	$	(42,713)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(39,976)	$	(42,286)
Net income (loss) allocated to other  Partners	$	(404)	$	(427)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 32

	2020		2019
Revenues
Rental	$	292,621	$	380,931
Interest and other		4,873		6,850
		297,494		387,781
Expenses
Interest		44,187		62,686
Depreciation and amortization		87,094		109,523
Operating expenses		250,700		306,902
		381,981		479,111
NET INCOME (LOSS)	$	(84,487)	$	(91,330)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(83,642)	$	(90,417)
Net income (loss) allocated to other  Partners	$	(845)	$	(913)

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

Three Months Ended March 31,

(Unaudited)

Series 33

	2020		2019
Revenues
Rental	$	224,455	$	322,135
Interest and other		7,915		10,404
		232,370		332,539
Expenses
Interest		37,328		46,610
Depreciation and amortization		48,034		70,198
Operating expenses		172,781		217,428
		258,143		334,236
NET INCOME (LOSS)	$	(25,773)	$	(1,697)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(25,515)	$	(1,680)
Net income (loss) allocated to other  Partners	$	(258)	$	(17)

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

Three Months Ended March 31,

(Unaudited)

Series 34

	2020		2019
Revenues
Rental	$	163,362	$	246,003
Interest and other		5,670		16,394
		169,032		262,397
Expenses
Interest		24,983		30,082
Depreciation and amortization		38,249		68,466
Operating expenses		140,447		213,930
		203,679		312,478
NET INCOME (LOSS)	$	(34,647)	$	(50,081)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(34,301)	$	(49,580)
Net income (loss) allocated to other  Partners	$	(346)	$	(501)

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

Three Months Ended March 31,

(Unaudited)

Series 35

	2020		2019
Revenues
Rental	$	–	$	271,017
Interest and other		–		4,005
		–		275,022
Expenses
Interest		–		42,885
Depreciation and amortization		–		81,433
Operating expenses		–		151,786
		–		276,104
NET INCOME (LOSS)	$	–	$	(1,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(1,071)
Net income (loss) allocated to other  Partners	$	–	$	(11)

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

Three Months Ended March 31,

(Unaudited)

Series 36

	2020		2019
Revenues
Rental	$	–	$	44,387
Interest and other		–		405
		–		44,792
Expenses
Interest		–		10,598
Depreciation and amortization		–		13,681
Operating expenses		–		42,974
		–		67,253
NET INCOME (LOSS)	$	–	$	(22,461)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(22,236)
Net income (loss) allocated to other  Partners	$	–	$	(225)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 38

	2020		2019
Revenues
Rental	$	–	$	57,606
Interest and other		–		444
		–		58,050
Expenses
Interest		–		6,584
Depreciation and amortization		–		13,817
Operating expenses		–		49,515
		–		69,916
NET INCOME (LOSS)	$	–	$	(11,866)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(11,747)
Net income (loss) allocated to other  Partners	$	–	$	(119)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 40

	2020		2019
Revenues
Rental	$	–	$	441,912
Interest and other		–		8,469
		–		450,381
Expenses
Interest		–		72,357
Depreciation and amortization		–		112,261
Operating expenses		–		324,446
		–		509,064
NET INCOME (LOSS)	$	–	$	(58,683)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(58,096)
Net income (loss) allocated to other  Partners	$	–	$	(587)

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

Three Months Ended March 31,

(Unaudited)

Series 41

	2020		2019
Revenues
Rental	$	804,868	$	890,023
Interest and other		20,306		15,975
		825,174		905,998
Expenses
Interest		142,009		141,672
Depreciation and amortization		153,428		184,231
Operating expenses		536,406		647,197
		831,843		973,100
NET INCOME (LOSS)	$	(6,669)	$	(67,102)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(6,602)	$	(66,431)
Net income (loss) allocated to other  Partners	$	(67)	$	(671)

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

Three Months Ended March 31,

(Unaudited)

Series 42

	2020		2019
Revenues
Rental	$	482,450	$	565,584
Interest and other		22,177		21,476
		504,627		587,060
Expenses
Interest		93,920		108,697
Depreciation and amortization		122,288		161,791
Operating expenses		390,678		425,984
		606,886		696,472
NET INCOME (LOSS)	$	(102,259)	$	(109,412)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(101,236)	$	(108,318)
Net income (loss) allocated to other  Partners	$	(1,023)	$	(1,094)

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

Three Months Ended March 31,

(Unaudited)

Series 43

	2020		2019
Revenues
Rental	$	625,563	$	709,186
Interest and other		16,770		22,890
		642,333		732,076
Expenses
Interest		51,066		58,995
Depreciation and amortization		169,541		209,208
Operating expenses		510,237		571,390
		730,844		839,593
NET INCOME (LOSS)	$	(88,511)	$	(107,517)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(87,626)	$	(106,442)
Net income (loss) allocated to other  Partners	$	(885)	$	(1,075)

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

Three Months Ended March 31,

(Unaudited)

Series 44

	2020		2019
Revenues
Rental	$	908,953	$	1,292,523
Interest and other		10,255		27,348
		919,208		1,319,871
Expenses
Interest		217,657		285,199
Depreciation and amortization		169,809		273,415
Operating expenses		393,371		776,122
		780,837		1,334,736
NET INCOME (LOSS)	$	138,371	$	(14,865)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	136,987	$	(14,716)
Net income (loss) allocated to other Partners	$	1,384	$	(149)

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

Three Months Ended March 31,

(Unaudited)

Series 45

	2020		2019
Revenues
Rental	$	1,154,815	$	1,645,266
Interest and other		19,363		38,435
		1,174,178		1,683,701
Expenses
Interest		165,201		202,174
Depreciation and amortization		277,464		413,271
Operating expenses		880,025		1,280,338
		1,322,690		1,895,783
NET INCOME (LOSS)	$	(148,512)	$	(212,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(147,027)	$	(209,961)
Net income (loss) allocated to other  Partners	$	(1,485)	$	(2,121)

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

Three Months Ended March 31,

(Unaudited)

Series 46

	2020		2019
Revenues
Rental	$	1,200,365	$	1,243,794
Interest and other		26,708		18,983
		1,227,073		1,262,777
Expenses
Interest		233,351		240,218
Depreciation and amortization		263,025		283,741
Operating expenses		750,330		764,682
		1,246,706		1,288,641
NET INCOME (LOSS)	$	(19,633)	$	(25,864)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(19,437)	$	(25,605)
Net income (loss) allocated to other  Partners	$	(196)	$	(259)

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

3 Months Ended

Jun. 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

3 Months Ended

Jun. 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 2015 remain open.

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CONTINGENCY

3 Months Ended

Jun. 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

3 Months Ended

Jun. 30, 2020

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS

NOTE H - SUBSEQUENT EVENTS

Events that occur after the balance sheet date but before the financial statements were available to be issued must be evaluated for recognition or disclosure. The effects of subsequent events that provide evidence about conditions that existed at the balance sheet date are recognized in the accompanying financial statements. Subsequent events, which provide evidence about conditions that existed after the balance sheet date, require disclosure in the accompanying notes. Management evaluated the activity of the Fund through the date the financial statements were issued, and concluded that no subsequent events have occurred that would require recognition in the financial statements or disclosure in the notes to the financial statements.  

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ORGANIZATION (Tables)

3 Months Ended

Jun. 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)

3 Months Ended

Jun. 30, 2020

RELATED PARTY TRANSACTIONS

Schedule of fund management fees accrued

The fund management fees accrued for the quarters ended June 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		6,854		7,260
Series 30		–		–
Series 31		–		4,308
Series 32		15,132		19,794
Series 33		9,777		13,318
Series 34		6,727		12,365
Series 35		–		10,653
Series 36		–		5,172
Series 37		–		–
Series 38		–		16,581
Series 39		–		–
Series 40		–		20,870
Series 41		28,521		34,077
Series 42		19,259		23,790
Series 43		21,348		31,111
Series 44		30,315		54,702
Series 45		38,900		59,644
Series 46		48,489		52,299
	$	229,604	$	405,112

Schedule of management fees paid

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

	2020		2019
Series 24	$	–	$	10,299
Series 26		4,282		13,938
Series 27		–		7,635
Series 28		–		7,296
Series 31		–		4,308
Series 33		9,777		–
Series 35		–		10,653
Series 36		–		5,172
Series 38		–		16,581
Series 42		19,259		23,790
Series 43		21,348		–
Series 45		507,673		–
	$	562,339	$	99,672

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INVESTMENTS IN OPERATING PARTNERSHIPS (Tables)

3 Months Ended

Jun. 30, 2020

INVESTMENTS IN OPERATING PARTNERSHIPS

Schedule of operating partnerships within the fund

The breakdown of Operating Partnerships within the Fund at June 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	–	3
Series 28	–	4
Series 29	4	5
Series 30	–	–
Series 31	–	–
Series 32	3	5
Series 33	2	3
Series 34	2	4
Series 35	–	2
Series 36	–	1
Series 37	–	–
Series 38	–	1
Series 39	–	–
Series 40	–	7
Series 41	8	11
Series 42	6	9
Series 43	10	12
Series 44	3	6
Series 45	13	22
Series 46	11	14
	65	121

Schedule of contributions payable

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

	2020		2019
Series 29	$	785	$	785
Series 32		–		1,229
Series 40		–		102
Series 42		254		254
Series 45		–		16,724
	$	1,039	$	19,094

Schedule of dispositions by series

During the three months ended June 30, 2020 the Fund disposed of three Operating Partnerships. A summary of the dispositions by Series for June 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 43	1	—		9,000		9,000
Series 46	1	—		68,500		68,500
Total	3	—	$	87,000	$	87,000

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

	Operating	Sale of
	Partnership	Underlying	Fund Proceeds
	Interest	Operating	from		Gain on
	Transferred	Partnership	Disposition		Disposition
Series 31	–	1	$	587,469	$	587,469
Series 36	–	1		476,325		476,325
Series 38	1	1		1,463,974		1,463,974
Series 43	–	1		1,060,582		1,060,582
Series 44	–	1		1,296,267		1,296,267
Total	1	5	$	4,884,617	$	4,884,617

Schedule of summarized statement of operations in operating partnerships.

Accordingly, the current financial results available for the Operating Partnerships are for the three months ended March 31, 2020.

COMBINED CONDENSED SUMMARIZED STATEMENTS OF OPERATIONS

Three Months Ended March 31,

(Unaudited)

	2020		2019
Revenues
Rental	$	6,174,994	$	9,231,700
Interest and other		141,707		237,336
		6,316,701		9,469,036
Expenses
Interest		1,056,994		1,459,326
Depreciation and amortization		1,393,692		2,269,401
Operating expenses		4,321,460		6,755,756
		6,772,146		10,484,483
NET INCOME (LOSS)	$	(455,445)	$	(1,015,447)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(450,891)	$	(1,005,291)
Net income (loss) allocated to other Partners	$	(4,554)	$	(10,156)

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

Three 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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 23

	2020		2019
Revenues
Rental	$	-	$	l–
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

Three Months Ended March 31,

(Unaudited)

Series 24

	2020		2019
Revenues
Rental	$	–	$	211,158
Interest and other		–		9,766
		–		220,924
Expenses
Interest		–		18,234
Depreciation and amortization		–		59,451
Operating expenses		–		177,353
		–		255,038
NET INCOME (LOSS)	$	–	$	(34,114)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(33,773)
Net income (loss) allocated to other  Partners	$	–	$	(341)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 26

	2020		2019
Revenues
Rental	$	108,570	$	302,606
Interest and other		1,225		4,753
		109,795		307,359
Expenses
Interest		13,666		53,441
Depreciation and amortization		27,578		78,644
Operating expenses		111,496		284,598
		152,740		416,683
NET INCOME (LOSS)	$	(42,945)	$	(109,324)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(42,516)	$	(108,231)
Net income (loss) allocated to other  Partners	$	(429)	$	(1,093)

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

Three Months Ended March 31,

(Unaudited)

Series 27

	2020		2019
Revenues
Rental	$	–	$	165,830
Interest and other		–		2,311
		–		168,141
Expenses
Interest		–		7,779
Depreciation and amortization		–		44,584
Operating expenses		–		142,630
		–		194,993
NET INCOME (LOSS)	$	–	$	(26,852)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(26,583)
Net income (loss) allocated to other  Partners	$	–	$	(269)

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

Three Months Ended March 31,

(Unaudited)

Series 28

	2020		2019
Revenues
Rental	$	–	$	209,625
Interest and other		–		6,436
		–		216,061
Expenses
Interest		–		31,289
Depreciation and amortization		–		45,523
Operating expenses		–		167,651
		–		244,463
NET INCOME (LOSS)	$	–	$	(28,402)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(28,118)
Net income (loss) allocated to other  Partners	$	–	$	(284)

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

Three Months Ended March 31,

(Unaudited)

Series 29

	2020		2019
Revenues
Rental	$	208,972	$	232,114
Interest and other		6,445		21,992
		215,417		254,106
Expenses
Interest		33,626		39,826
Depreciation and amortization		37,182		46,163
Operating expenses		184,989		210,830
		255,797		296,819
NET INCOME (LOSS)	$	(40,380)	$	(42,713)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(39,976)	$	(42,286)
Net income (loss) allocated to other  Partners	$	(404)	$	(427)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 32

	2020		2019
Revenues
Rental	$	292,621	$	380,931
Interest and other		4,873		6,850
		297,494		387,781
Expenses
Interest		44,187		62,686
Depreciation and amortization		87,094		109,523
Operating expenses		250,700		306,902
		381,981		479,111
NET INCOME (LOSS)	$	(84,487)	$	(91,330)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(83,642)	$	(90,417)
Net income (loss) allocated to other  Partners	$	(845)	$	(913)

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

Three Months Ended March 31,

(Unaudited)

Series 33

	2020		2019
Revenues
Rental	$	224,455	$	322,135
Interest and other		7,915		10,404
		232,370		332,539
Expenses
Interest		37,328		46,610
Depreciation and amortization		48,034		70,198
Operating expenses		172,781		217,428
		258,143		334,236
NET INCOME (LOSS)	$	(25,773)	$	(1,697)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(25,515)	$	(1,680)
Net income (loss) allocated to other  Partners	$	(258)	$	(17)

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

Three Months Ended March 31,

(Unaudited)

Series 34

	2020		2019
Revenues
Rental	$	163,362	$	246,003
Interest and other		5,670		16,394
		169,032		262,397
Expenses
Interest		24,983		30,082
Depreciation and amortization		38,249		68,466
Operating expenses		140,447		213,930
		203,679		312,478
NET INCOME (LOSS)	$	(34,647)	$	(50,081)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(34,301)	$	(49,580)
Net income (loss) allocated to other  Partners	$	(346)	$	(501)

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

Three Months Ended March 31,

(Unaudited)

Series 35

	2020		2019
Revenues
Rental	$	–	$	271,017
Interest and other		–		4,005
		–		275,022
Expenses
Interest		–		42,885
Depreciation and amortization		–		81,433
Operating expenses		–		151,786
		–		276,104
NET INCOME (LOSS)	$	–	$	(1,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(1,071)
Net income (loss) allocated to other  Partners	$	–	$	(11)

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

Three Months Ended March 31,

(Unaudited)

Series 36

	2020		2019
Revenues
Rental	$	–	$	44,387
Interest and other		–		405
		–		44,792
Expenses
Interest		–		10,598
Depreciation and amortization		–		13,681
Operating expenses		–		42,974
		–		67,253
NET INCOME (LOSS)	$	–	$	(22,461)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(22,236)
Net income (loss) allocated to other  Partners	$	–	$	(225)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 38

	2020		2019
Revenues
Rental	$	–	$	57,606
Interest and other		–		444
		–		58,050
Expenses
Interest		–		6,584
Depreciation and amortization		–		13,817
Operating expenses		–		49,515
		–		69,916
NET INCOME (LOSS)	$	–	$	(11,866)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(11,747)
Net income (loss) allocated to other  Partners	$	–	$	(119)

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

Three Months Ended March 31,

(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

Three Months Ended March 31,

(Unaudited)

Series 40

	2020		2019
Revenues
Rental	$	–	$	441,912
Interest and other		–		8,469
		–		450,381
Expenses
Interest		–		72,357
Depreciation and amortization		–		112,261
Operating expenses		–		324,446
		–		509,064
NET INCOME (LOSS)	$	–	$	(58,683)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	–	$	(58,096)
Net income (loss) allocated to other  Partners	$	–	$	(587)

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

Three Months Ended March 31,

(Unaudited)

Series 41

	2020		2019
Revenues
Rental	$	804,868	$	890,023
Interest and other		20,306		15,975
		825,174		905,998
Expenses
Interest		142,009		141,672
Depreciation and amortization		153,428		184,231
Operating expenses		536,406		647,197
		831,843		973,100
NET INCOME (LOSS)	$	(6,669)	$	(67,102)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(6,602)	$	(66,431)
Net income (loss) allocated to other  Partners	$	(67)	$	(671)

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

Three Months Ended March 31,

(Unaudited)

Series 42

	2020		2019
Revenues
Rental	$	482,450	$	565,584
Interest and other		22,177		21,476
		504,627		587,060
Expenses
Interest		93,920		108,697
Depreciation and amortization		122,288		161,791
Operating expenses		390,678		425,984
		606,886		696,472
NET INCOME (LOSS)	$	(102,259)	$	(109,412)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(101,236)	$	(108,318)
Net income (loss) allocated to other  Partners	$	(1,023)	$	(1,094)

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

Three Months Ended March 31,

(Unaudited)

Series 43

	2020		2019
Revenues
Rental	$	625,563	$	709,186
Interest and other		16,770		22,890
		642,333		732,076
Expenses
Interest		51,066		58,995
Depreciation and amortization		169,541		209,208
Operating expenses		510,237		571,390
		730,844		839,593
NET INCOME (LOSS)	$	(88,511)	$	(107,517)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(87,626)	$	(106,442)
Net income (loss) allocated to other  Partners	$	(885)	$	(1,075)

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

Three Months Ended March 31,

(Unaudited)

Series 44

	2020		2019
Revenues
Rental	$	908,953	$	1,292,523
Interest and other		10,255		27,348
		919,208		1,319,871
Expenses
Interest		217,657		285,199
Depreciation and amortization		169,809		273,415
Operating expenses		393,371		776,122
		780,837		1,334,736
NET INCOME (LOSS)	$	138,371	$	(14,865)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	136,987	$	(14,716)
Net income (loss) allocated to other Partners	$	1,384	$	(149)

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

Three Months Ended March 31,

(Unaudited)

Series 45

	2020		2019
Revenues
Rental	$	1,154,815	$	1,645,266
Interest and other		19,363		38,435
		1,174,178		1,683,701
Expenses
Interest		165,201		202,174
Depreciation and amortization		277,464		413,271
Operating expenses		880,025		1,280,338
		1,322,690		1,895,783
NET INCOME (LOSS)	$	(148,512)	$	(212,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(147,027)	$	(209,961)
Net income (loss) allocated to other  Partners	$	(1,485)	$	(2,121)

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

Three Months Ended March 31,

(Unaudited)

Series 46

	2020		2019
Revenues
Rental	$	1,200,365	$	1,243,794
Interest and other		26,708		18,983
		1,227,073		1,262,777
Expenses
Interest		233,351		240,218
Depreciation and amortization		263,025		283,741
Operating expenses		750,330		764,682
		1,246,706		1,288,641
NET INCOME (LOSS)	$	(19,633)	$	(25,864)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	$	(19,437)	$	(25,605)
Net income (loss) allocated to other  Partners	$	(196)	$	(259)

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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ORGANIZATION - BACs sold and total equity (Details) - USD ($)	3 Months Ended
	Jun. 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

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RELATED PARTY TRANSACTIONS - Fund management fees accrued (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Gross Fund Management Fee	$ 229,604	$ 405,112
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	6,854	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	4,308
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	13,318
Series Thirty Four [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	6,727	12,365
Series Thirty Five [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	10,653
Series Thirty Six [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	0	5,172
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	16,581
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	20,870
Series Forty One [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	28,521	34,077
Series Forty Two [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	19,259	23,790
Series Forty Three [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	21,348	31,111
Series Forty Four [Member]
Related Party Transaction [Line Items]
Gross Fund Management Fee	30,315	54,702
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	$ 48,489	$ 52,299

XML

RELATED PARTY TRANSACTIONS - Fund management fees paid (Details) - USD ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Related Party Transaction [Line Items]
Fund management fees paid	$ 562,339	$ 99,672
Series Twenty Four [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	10,299
Series Twenty Six [Member]
Related Party Transaction [Line Items]
Fund management fees paid	4,282	13,938
Series Twenty Seven [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	7,635
Series Twenty Eight [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	7,296
Series Thirty One [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	4,308
Series Thirty Three [Member]
Related Party Transaction [Line Items]
Fund management fees paid	9,777	0
Series Thirty Five [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	10,653
Series Thirty Six [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	5,172
Series Thirty Eight [Member]
Related Party Transaction [Line Items]
Fund management fees paid	0	16,581
Series Forty Two [Member]
Related Party Transaction [Line Items]
Fund management fees paid	19,259	23,790
Series Forty Three [Member]
Related Party Transaction [Line Items]
Fund management fees paid	21,348	0
Series Forty Five [Member]
Related Party Transaction [Line Items]
Fund management fees paid	$ 507,673	$ 0

XML

RELATED PARTY TRANSACTIONS - Additional Information (Details)	3 Months Ended
	Jun. 30, 2020
RELATED PARTY TRANSACTIONS
Percentage Of Annual Management Fee	0.50%

XML

INVESTMENTS IN OPERATING PARTNERSHIPS - Operating Partnerships within the Fund (Details) - item	Jun. 30, 2020	Jun. 30, 2019
Number Of Operating Partnerships
Number Of Operating Partnerships	65	121
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	3
Series Twenty Eight [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	4
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	3
Series Thirty Four [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	2	4
Series Thirty Five [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	0	2
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	7
Series Forty One [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	8	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	10	12
Series Forty Four [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	3	6
Series Forty Five [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	13	22
Series Forty Six [Member]
Number Of Operating Partnerships
Number Of Operating Partnerships	11	14

XML

INVESTMENTS IN OPERATING PARTNERSHIPS - Contributions payable (Details) - USD ($)	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019
Contributions Payable
Capital contributions payable	$ 1,039	$ 1,039	$ 19,094
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	102
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)	3 Months Ended
	Jun. 30, 2020 USD ($) item	Jun. 30, 2019 USD ($) item
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	3	1
Sale of Underlying Operating Partnership | item	0	5
Fund Proceeds from Disposition | $	$ 87,000	$ 4,884,617
Gain on Disposition | $	$ 87,000	4,884,617
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	$ 587,469
Gain on Disposition | $		$ 587,469
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 Three [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item	1	0
Sale of Underlying Operating Partnership | item	0	1
Fund Proceeds from Disposition | $	$ 9,000	$ 1,060,582
Gain on Disposition | $	9,000	$ 1,060,582
Series Forty Four [Member]
Dispositions By Series Disclosure
Operating Partnership Interest Transferred | item		0
Sale of Underlying Operating Partnership | item		1
Fund Proceeds from Disposition | $	$ 0	$ 1,296,267
Gain on Disposition | $		1,296,267
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 ($)	3 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Revenues
Rental	$ 6,174,994	$ 9,231,700
Interest and other	141,707	237,336
Operating Partnerships Revenues	6,316,701	9,469,036
Expenses
Interest	1,056,994	1,459,326
Depreciation and amortization	1,393,692	2,269,401
Operating expenses	4,321,460	6,755,756
Operating Partnerships Total Expenses	6,772,146	10,484,483
NET INCOME (LOSS)	(455,445)	(1,015,447)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(450,891)	(1,005,291)
Net income (loss) allocated to other partners	(4,554)	(10,156)
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	211,158
Interest and other	0	9,766
Operating Partnerships Revenues	0	220,924
Expenses
Interest	0	18,234
Depreciation and amortization	0	59,451
Operating expenses	0	177,353
Operating Partnerships Total Expenses	0	255,038
NET INCOME (LOSS)	0	(34,114)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(33,773)
Net income (loss) allocated to other partners	0	(341)
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	108,570	302,606
Interest and other	1,225	4,753
Operating Partnerships Revenues	109,795	307,359
Expenses
Interest	13,666	53,441
Depreciation and amortization	27,578	78,644
Operating expenses	111,496	284,598
Operating Partnerships Total Expenses	152,740	416,683
NET INCOME (LOSS)	(42,945)	(109,324)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(42,516)	(108,231)
Net income (loss) allocated to other partners	(429)	(1,093)
Series Twenty Seven [Member]
Revenues
Rental	0	165,830
Interest and other	0	2,311
Operating Partnerships Revenues	0	168,141
Expenses
Interest	0	7,779
Depreciation and amortization	0	44,584
Operating expenses	0	142,630
Operating Partnerships Total Expenses	0	194,993
NET INCOME (LOSS)	0	(26,852)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(26,583)
Net income (loss) allocated to other partners	0	(269)
Series Twenty Eight [Member]
Revenues
Rental	0	209,625
Interest and other	0	6,436
Operating Partnerships Revenues	0	216,061
Expenses
Interest	0	31,289
Depreciation and amortization	0	45,523
Operating expenses	0	167,651
Operating Partnerships Total Expenses	0	244,463
NET INCOME (LOSS)	0	(28,402)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(28,118)
Net income (loss) allocated to other partners	0	(284)
Series Twenty Nine [Member]
Revenues
Rental	208,972	232,114
Interest and other	6,445	21,992
Operating Partnerships Revenues	215,417	254,106
Expenses
Interest	33,626	39,826
Depreciation and amortization	37,182	46,163
Operating expenses	184,989	210,830
Operating Partnerships Total Expenses	255,797	296,819
NET INCOME (LOSS)	(40,380)	(42,713)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(39,976)	(42,286)
Net income (loss) allocated to other partners	(404)	(427)
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	292,621	380,931
Interest and other	4,873	6,850
Operating Partnerships Revenues	297,494	387,781
Expenses
Interest	44,187	62,686
Depreciation and amortization	87,094	109,523
Operating expenses	250,700	306,902
Operating Partnerships Total Expenses	381,981	479,111
NET INCOME (LOSS)	(84,487)	(91,330)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(83,642)	(90,417)
Net income (loss) allocated to other partners	(845)	(913)
Series Thirty Three [Member]
Revenues
Rental	224,455	322,135
Interest and other	7,915	10,404
Operating Partnerships Revenues	232,370	332,539
Expenses
Interest	37,328	46,610
Depreciation and amortization	48,034	70,198
Operating expenses	172,781	217,428
Operating Partnerships Total Expenses	258,143	334,236
NET INCOME (LOSS)	(25,773)	(1,697)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(25,515)	(1,680)
Net income (loss) allocated to other partners	(258)	(17)
Series Thirty Four [Member]
Revenues
Rental	163,362	246,003
Interest and other	5,670	16,394
Operating Partnerships Revenues	169,032	262,397
Expenses
Interest	24,983	30,082
Depreciation and amortization	38,249	68,466
Operating expenses	140,447	213,930
Operating Partnerships Total Expenses	203,679	312,478
NET INCOME (LOSS)	(34,647)	(50,081)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(34,301)	(49,580)
Net income (loss) allocated to other partners	(346)	(501)
Series Thirty Five [Member]
Revenues
Rental	0	271,017
Interest and other	0	4,005
Operating Partnerships Revenues	0	275,022
Expenses
Interest	0	42,885
Depreciation and amortization	0	81,433
Operating expenses	0	151,786
Operating Partnerships Total Expenses	0	276,104
NET INCOME (LOSS)	0	(1,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(1,071)
Net income (loss) allocated to other partners	0	(11)
Series Thirty Six [Member]
Revenues
Rental	0	44,387
Interest and other	0	405
Operating Partnerships Revenues	0	44,792
Expenses
Interest	0	10,598
Depreciation and amortization	0	13,681
Operating expenses	0	42,974
Operating Partnerships Total Expenses	0	67,253
NET INCOME (LOSS)	0	(22,461)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(22,236)
Net income (loss) allocated to other partners	0	(225)
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	57,606
Interest and other	0	444
Operating Partnerships Revenues	0	58,050
Expenses
Interest	0	6,584
Depreciation and amortization	0	13,817
Operating expenses	0	49,515
Operating Partnerships Total Expenses	0	69,916
NET INCOME (LOSS)	0	(11,866)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(11,747)
Net income (loss) allocated to other partners	0	(119)
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	441,912
Interest and other	0	8,469
Operating Partnerships Revenues	0	450,381
Expenses
Interest	0	72,357
Depreciation and amortization	0	112,261
Operating expenses	0	324,446
Operating Partnerships Total Expenses	0	509,064
NET INCOME (LOSS)	0	(58,683)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	0	(58,096)
Net income (loss) allocated to other partners	0	(587)
Series Forty One [Member]
Revenues
Rental	804,868	890,023
Interest and other	20,306	15,975
Operating Partnerships Revenues	825,174	905,998
Expenses
Interest	142,009	141,672
Depreciation and amortization	153,428	184,231
Operating expenses	536,406	647,197
Operating Partnerships Total Expenses	831,843	973,100
NET INCOME (LOSS)	(6,669)	(67,102)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(6,602)	(66,431)
Net income (loss) allocated to other partners	(67)	(671)
Series Forty Two [Member]
Revenues
Rental	482,450	565,584
Interest and other	22,177	21,476
Operating Partnerships Revenues	504,627	587,060
Expenses
Interest	93,920	108,697
Depreciation and amortization	122,288	161,791
Operating expenses	390,678	425,984
Operating Partnerships Total Expenses	606,886	696,472
NET INCOME (LOSS)	(102,259)	(109,412)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(101,236)	(108,318)
Net income (loss) allocated to other partners	(1,023)	(1,094)
Series Forty Three [Member]
Revenues
Rental	625,563	709,186
Interest and other	16,770	22,890
Operating Partnerships Revenues	642,333	732,076
Expenses
Interest	51,066	58,995
Depreciation and amortization	169,541	209,208
Operating expenses	510,237	571,390
Operating Partnerships Total Expenses	730,844	839,593
NET INCOME (LOSS)	(88,511)	(107,517)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(87,626)	(106,442)
Net income (loss) allocated to other partners	(885)	(1,075)
Series Forty Four [Member]
Revenues
Rental	908,953	1,292,523
Interest and other	10,255	27,348
Operating Partnerships Revenues	919,208	1,319,871
Expenses
Interest	217,657	285,199
Depreciation and amortization	169,809	273,415
Operating expenses	393,371	776,122
Operating Partnerships Total Expenses	780,837	1,334,736
NET INCOME (LOSS)	138,371	(14,865)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	136,987	(14,716)
Net income (loss) allocated to other partners	1,384	(149)
Series Forty Five [Member]
Revenues
Rental	1,154,815	1,645,266
Interest and other	19,363	38,435
Operating Partnerships Revenues	1,174,178	1,683,701
Expenses
Interest	165,201	202,174
Depreciation and amortization	277,464	413,271
Operating expenses	880,025	1,280,338
Operating Partnerships Total Expenses	1,322,690	1,895,783
NET INCOME (LOSS)	(148,512)	(212,082)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(147,027)	(209,961)
Net income (loss) allocated to other partners	(1,485)	(2,121)
Series Forty Six [Member]
Revenues
Rental	1,200,365	1,243,794
Interest and other	26,708	18,983
Operating Partnerships Revenues	1,227,073	1,262,777
Expenses
Interest	233,351	240,218
Depreciation and amortization	263,025	283,741
Operating expenses	750,330	764,682
Operating Partnerships Total Expenses	1,246,706	1,288,641
NET INCOME (LOSS)	(19,633)	(25,864)
Net income (loss) allocated to Boston Capital Tax Credit Fund IV L.P.	(19,437)	(25,605)
Net income (loss) allocated to other partners	$ (196)	$ (259)