The clean-energy direct-pay election for not-for-profits and governmental entities

The clean-energy direct-pay election for not-for-profits and governmental entities

Under the Sec. 6417 direct-pay election, tax-exempt organizations, including not-for-profits and governmental agencies, can claim certain energy credits on their federal income tax returns, but to claim them for 2023, the direct-pay election must be made on a timely filed 2023 federal income tax return.
Source: JOA News
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