Condensed Consolidated Statements of Operations - USD ($)	3 Months Ended		6 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Sep. 30, 2017	Sep. 30, 2016
Expenses
General and administrative	$ 40,331	$ 124,749	$ 77,775	$ 216,521
General and administrative-related parties	52,736	62,760	111,272	126,405
Total expenses	93,066	187,509	189,047	342,926
Loss from operations	(93,066)	(187,509)	(189,047)	(342,926)
Income from discontinued operations (including gain on sale of property) (Note 4)	307,385	5,314,948	1,657,953	5,363,622
Net income	214,319	5,127,439	1,468,906	5,020,696
Less: net loss attributable to noncontrolling interests from discontinued operations	0	131,924	55,261	131,718
Net income attributable to Independence Tax Credit Plus L.P. IV	214,319	5,259,363	1,524,167	5,152,414
Loss from operations – limited partners	(92,135)	(185,635)	(187,156)	(339,497)
Income from discontinued operations – limited partners	304,311	5,392,403	1,696,082	5,440,387
Net income – limited partners	$ 212,176	$ 5,206,768	$ 1,508,926	$ 5,100,890
Number of BACs outstanding	45,844	45,844	45,844	45,844
Loss from operations per weighted average BAC	$ (2.01)	$ (4.06)	$ (4.08)	$ (7.41)
Income from discontinued operations per weighted average BAC	6.64	117.63	37.00	118.67
Net income per weighted average BAC	$ 4.63	$ 113.57	$ 32.92	$ 111.26