Monetizing Renewable Energy Credits—Final Regulations on Direct Pay
Author: Nicholas C. Mowbray.; Jeffrey H. Paravano.
Source: Volume 41, Number 03, Spring 2024 , pp.39-45(7)

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Abstract:
The Inflation Reduction Act enacted new ways for eligible taxpayers to monetize credits. One such option is for eligible taxpayers to elect to directly receive a credit via a tax refund from the IRS. This article discusses the final regulations related to this election.Keywords: pre-filing registration, IRC Sec. eligible credits, elective-payments
Affiliations:
1: Baker & Hostetler LLP; 2: Baker & Hostetler LLP.