Learn IRS Site Publications On Tax Credits That Are Not Easy To Find

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Written by Annette Nellen | Posted in IRS Publications On Tax Credits

Learn IRS Site Publications On Tax Credits That Are Not Easy To Find

Earth Day was April 22, 2024, TaxConnections takes responsibility for the delay in publishing..oops! Professor Annette Nellen at San Jose State University published this post originally on her 21st Century Taxation blog site. She starts the post with this statement:

Earth Day started in 1970 and one of the co-founders was Gaylord Nelson, who served as a Senator from and Governor of Wisconsin. He was also an alum of San Jose State University.

How about some individual tax credits to help reduce fossil fuel use? The Inflation Reduction Act of 2022 added a used clean vehicle tax credit and modified credits for new clean vehicles and residential improvements. See this 8/21/22 post for some information on the IRA and track changes to IRC Sections 25C, 25D, 25E, and 30D to learn more about these changes.

A helpful item I’ll share here are some IRS publications on these credits that are difficult to find (they are not listed at the main IRS websites for each of these credits, which I have linked below).

Section 25C, Energy Efficient Home Improvement Credit AND Section 25D, Residential Clean Energy – Publication 5797. This has a brief summary of each credit and a QR code to get more information. Also see main IRS website on these credits.

Section 30D, Clean Vehicle Credit – Publication 5866, which is a helpful checklist of qualifications.

Section 25E, Previously-Owned Clean Vehicles – Publication 5866-A, also a helpful checklist of qualifications.

Also see the main IRS website on clean vehicle credits (new and used).

And a publication on each of the energy credits for individuals – Publication 5886-A.

Finally, an Earth Day reminder from the Social Security Administration – Opt Out of Paper Notices.

Your commentary is appreciated below. Post contributed by Professor Annette Nellen, San Jose State University. San Jose State University has a great tax program.

Annette Nellen

Annette Nellen, CPA, Esq., is a professor in and director of San Jose State University’s graduate tax program (MST), teaching courses in tax research, accounting methods, property transactions, state taxation, employment tax, ethics, tax policy, tax reform, and high technology tax issues.

Annette is the immediate past chair of the AICPA Individual Taxation Technical Resource Panel and a current member of the Executive Committee of the Tax Section of the California Bar. Annette is a regular contributor to the AICPA Tax Insider and Corporate Taxation Insider e-newsletters. She is the author of BNA Portfolio #533, Amortization of Intangibles.

Annette has testified before the House Ways & Means Committee, Senate Finance Committee, California Assembly Revenue & Taxation Committee, and tax reform commissions and committees on various aspects of federal and state tax reform.

Prior to joining SJSU, Annette was with Ernst & Young and the IRS.