UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  FORM 10-K/A
(Mark One)

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

For the fiscal year ended  December 31, 1995
                         -----------------------------------------------

                                       OR

[  ]     TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES 
         EXCHANGE ACT OF 1934 [NO FEE REQUIRED]

For the transition period from                        to 
                              -----------------------    -----------------------

Commission file number              0-18394
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                American Income Partners IV-C Limited Partnership
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             (Exact name of registrant as specified in its charter)

  Massachusetts                                             04-3036127
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(State or other jurisdiction of                            (IRS Employer
 incorporation or organization)                            Identification No.)

  98 N. Washington St., Fifth Floor, Boston, MA             02114
- --------------------------------------------------         ---------------------
(Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code     (617) 854-5800
                                                  ------------------------------

Securities registered pursuant to Section 12(b) of the Act             NONE
                                                          ----------------------

       Title of each class            Name of each exchange on which registered

- ---------------------------------   --------------------------------------------

- ---------------------------------   --------------------------------------------

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

            1,270,622 Units Representing Limited Partnership Interest
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                                (Title of class)

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                                (Title of class)

         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 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   XX    NO
                                                ------     ------

         State the aggregate market value of the voting stock held by
nonaffiliates of the registrant. Not applicable. Securities are nonvoting for
this purpose. Refer to Item 12 for further information.

                      DOCUMENTS INCORPORATED BY REFERENCE
      Portions of the Registrant's Annual Report to security holders for
               the year ended December 31, 1995 (Part I and II)

 
PART IV

Item 14.  Exhibits, Financial Statement Schedules and Reports on Form 8-K.
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        (a)  Documents filed as part of this report:

             (1)     Financial Statements:                                      
                                                                                
                     Report of Independent Auditors............................*
                                                                                
                     Statement of Financial Position                            
                     at December 31, 1995 and 1994.............................*
                                                                                
                     Statement of Operations                                    
                     for the years ended December 31, 1995, 1994 and 1993......*
                                                                                
                     Statement of Changes in Partners' Capital                  
                     for the years ended December 31, 1995, 1994 and 1993......*
                                                                                
                     Statement of Cash Flows                                    
                     for the years ended December 31, 1995, 1994 and 1993......*
                                                                                
                     Notes to the Financial Statements.........................*
                                                                                
             (2)     Financial Statement Schedules:                             
                                                                                
                     None required.                                             
                                                                                
             (3)     Exhibits:                                                  
                                                                                
                     Except as set forth below, all Exhibits to Form 10-K, as
                     set forth in Item 601 of Regulation S-K, are not
                     applicable.


           Exhibit
           Number
          ---------

            4        Amended and Restated Agreement and Certificate of Limited
                     Partnership included as Exhibit A to the Prospectus which
                     is included in Registration Statement on Form S-1 
                     (No. 33-19513).

           13        The 1995 Annual Report to security holders, a copy of which
                     is furnished for the information of the Securities and
                     Exchange Commission. Such Report, except for those portions
                     thereof which are incorporated herein by reference, is not
                     deemed "filed" with the Commission.

           23        Consent of Independent Auditors.

           99  (a)   Lease agreement with Kristian Gerhard Jebsen Skipsrederi
                     A/S was filed in the Registrant's Annual Report on 
                     Form 10-K for the year ended December 31, 1990 as Exhibit
                     28(a) and is incorporated herein by reference.


*  Incorporated herein by reference to the appropriate portion of the 1995 
   Annual Report to security holders for the year ended December 31, 1995. 
   (See Part II)

 
           99  (b)   Lease agreement with Northwest Airlines, Inc. was filed in
                     the Registrant's Annual Report on Form 10-K for the year
                     ended December 31, 1994 as Exhibit 99(b) and is
                     incorporated herein by reference.

           99  (c)   Lease agreement with The Kendall Company is filed in the
                     Registrant's Annual Report on Form 10-K for the year ended
                     December 31, 1995 and is included herein.


        (b) Reports on Form 8-K

        None.

 
                                   SIGNATURES

        Pursuant to the requirements of the Securities Exchange Act of 1934,
this report has been signed below on behalf of the registrant and in the
capacity and on the date indicated.


                AMERICAN INCOME PARTNERS IV-C LIMITED PARTNERSHIP


                       By: AFG Leasing IV Incorporated,
                       a Massachusetts corporation and the
                       Managing General Partner of the Registrant.





By:  /s/ Geoffrey A. MacDonald         By:  /s/ Gary D. Engle
   ------------------------------         ------------------------------
Geoffrey A. MacDonald                  Gary D. Engle
Chief Executive Officer,               President and Chief Operating
Chairman, and a member of the          Officer and a member of the
Executive Committee of AFG and         Executive Committee of AFG
President and a Director of the        and a Director of the
Managing General Partner               Managing General Partner
(Principal Executive Officer)          (Principal Financial Officer)



Date:    April 9, 1996                 Date:   April 9, 1996
     ------------------------               -----------------------



By:  /s/ Gary M. Romano
   --------------------------
Gary M. Romano
Vice President and Controller
of AFG and Clerk of the Managing General
Partner
(Principal Accounting Officer)



Date:    April 9, 1996
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