
Qualifying Advanced Energy Project Credit (48C) Program
2024年3月29日 · The 48C credit is a tax credit for investments in advanced energy projects, as defined in 26 USC § 48C(c)(1). The IRA provided $10 billion in funding for the expanded 48C(e) Qualifying Advanced Energy Project Credit Allocation Program (48C(e) program).
26 U.S. Code § 48C - Qualifying advanced energy project credit
For purposes of subsection (a), the qualified investment for any taxable year is the basis of eligible property placed in service by the taxpayer during such taxable year which is part of a qualifying advanced energy project.
Biden-Harris Administration Announces $4 Billion in Tax Credits to ...
2024年3月29日 · The §48C program will help to catalyze the nation’s equitable transition to a clean, secure, affordable, and resilient energy system, reduce industrial greenhouse gas emissions, and create high-quality jobs across the country.
Frequently asked questions about the Qualifying Advanced Energy …
The Inflation Reduction Act (IRA) provided $10 billion in funding for the Qualifying Advanced Energy Project Credit Allocation Program under section 48C(e). These frequently asked questions provide details related to the eligibility and application of the credit.
U.S. Department of the Treasury and IRS Announce $6 Billion in …
2025年1月10日 · The §48C program will help to catalyze the nation’s equitable transition to a secure, affordable, and resilient energy system, reduce industrial GHG emissions, and create high-quality jobs across the country.
Qualifying Advanced Energy Project 48C Credit Program: Funding ...
2023年8月3日 · The Qualifying Advanced Energy Project Credit (48C) program aims to strengthen U.S. industrial competitiveness and clean energy supply chains. As the nation builds a net-zero economy, the 48C tax credit program aims to play a critical role to create high-quality jobs, reduce industrial emissions, and increase domestic production of critical ...
Treasury, IRS and DOE announce full applications are open for ...
2024年8月29日 · The 48C Program, funded by the Inflation Reduction Act, is designed to accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities. DOE is partnering with the Treasury Department and the IRS to implement the Qualifying Advanced Energy Project Tax Credit (48C).
48C
The Qualifying Advanced Energy Project Credit (§ 48C) program aims to strengthen U.S. industrial competitiveness and clean energy supply chains. As the nation builds a net-zero economy, the § 48C tax credit program aims to play a critical role to create high-quality jobs, reduce industrial emissions, and increase domestic production of ...
Applicant Self-Disclosed 48C Projects | Department of Energy
2024年4月19日 · The Qualifying Advanced Energy Project Credit (48C) was established by the American Recovery and Reinvestment Act of 2009 and expanded with a $10 billion investment under the Inflation Reduction Act of 2022.
Advanced Energy Project Credit - Internal Revenue Service
2023年5月31日 · As of Feb. 29, 2024, the Qualifying Advanced Energy Tax Credit Portal migrated from eXCHANGE to a new system, the 48C Portal. This new DOE portal uses ID.me, a technology provider, for identity verification and sign-in services for 48C program users.