Treasury and the IRS are seeking comments to inform coming guidance on product identification number requirements to claim the energy-efficient home improvement credit.
The agencies issued Notice 2024-13, saying they planned to issue regulations on PIN requirements for the credits, and listed questions for industry and other stakeholders to answer.
The credit has been around since 2005 but got a big bump with the passage of the 2022 Inflation Reduction Act.
Today, the energy-efficient home improvement credit offers qualified taxpayers credit equal to 30% of the total amount paid for certain qualified expenditures, including qualified energy-efficiency improvements, residential ...
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