Daily Tax Report ®

IRS Form: Carbon Dioxide Sequestration Credit Form Comments Requested (IRC §45Q)

Oct. 18, 2019, 1:21 PM

Comments requested on Form 8933, Carbon Dioxide Sequestration Credit, which is used to claims the credit for qualified carbon dioxide captured after October 3, 2008, and before the end of the calendar year in which the Secretary, in consultation with the Administrator of the EPA, certifies that 75,000,000 metric tons of qualified dioxide have been captured and disposed of or used as a tertiary injectant. Comments are due on or before December 20, 2019. [IRS Comment Request, 84 Fed. Reg. __ (Oct. 21, 2019)] [Editor’s Note: For taxable years beginning after 2017, legislation amended the Section 45Q...

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