<ARTICLE> 5 <LEGEND> This schedule contains summary financial information extracted from the quarter ended June 29, 1998 Form 10-Q Balance Sheets and Statements of Operations and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000842314 <NAME> American Tax Credit Properties, II L.P. <MULTIPLIER> 1000 <CURRENCY> 1.00 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> MAR-30-1999 <PERIOD-START> MAR-31-1998 <PERIOD-END> JUN-29-1998 <EXCHANGE-RATE> 1.00 <CASH> 677 <SECURITIES> 4,257 <RECEIVABLES> 66 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 0 <DEPRECIATION> 0 <TOTAL-ASSETS> 19,560 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 0 <TOTAL-LIABILITY-AND-EQUITY> 19,560 <SALES> 0 <TOTAL-REVENUES> 84 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> (187) <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 0 <INCOME-PRETAX> (722) <INCOME-TAX> 0 <INCOME-CONTINUING> (722) <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (722) <EPS-PRIMARY> (13.00) <EPS-DILUTED> 0