IRS Rev. Proc.: Energy Efficient Home Improvement Credit, Qualified Manufacturer Registration, Other Requirements Guidance (IRC §25C)

Procedures and requirements that a manufacturer of specified property must follow to be treated as a “qualified manufacturer” (QM) under I.R.C. §25C(h), the IRS released. Section 25C(h)(1) provides that no credit will be allowed under §25C(a) with respect to any item of specified property placed in service after Dec. 31, 2024, unless such item is produced by a QM and the taxpayer includes the qualified product identification number (PIN) of such item on the taxpayer’s tax return for the taxable year. The revenue procedure provides that a manufacturer that wishes to become a QM must register and enter into an ...