IRA-Related Tax Guidance and Additional Resources

Last updated January 16, 2025

U.S. Code SectionTax Incentive or PolicyMost Recent Information
Energy Generation and Carbon Capture
§ 45Production Tax Credit for Electricity from Renewables (beginning construction before 2025)
§ 45YClean Electricity Production Credit
§ 45QCredit for Carbon Oxide Sequestration
§ 45UZero-Emission Nuclear Power Production Credit
§ 48Investment Tax Credit for Energy Property (beginning construction before 2025)
§ 48EClean Electricity Investment Credit
§ 48(e)Low-Income Communities Bonus Credit Program
§ 48E(h)Clean Electricity Low-Income Communities Bonus Credit Program
Vehicles
§ 25ECredit for Previously-Owned Clean Vehicles
§ 30CAlternative Fuel Vehicle Refueling Property Credit
§ 30DNew Clean Vehicle Credit
§ 45WCommercial Clean Vehicle Credit
Manufacturing
§ 45VClean Hydrogen Production Credit
§ 45XAdvanced Manufacturing Production Credit
§ 48CAdvanced Energy Project Credit
Fuels
§ 6426Extension of Alternative Fuel Mixture, Biodiesel, and Renewable Diesel Credits
§ 40BSustainable Aviation Fuel Credit
§ 45ZClean Fuel Production Credit
Efficiency
§ 25CEnergy Efficient Home Improvement Credit
§ 25DResidential Clean Energy Credit
§ 45LNew Energy Efficient Home Credit
§ 179DEnergy Efficient Commercial Buildings Deduction
Credit Monetization & Bonus Credit Provisions
§ 6417Elective Pay (also known as “Direct Pay”)
§ 6418Transfer of Certain Credits
 Energy Communities
 Prevailing Wage & Apprenticeship
 Domestic Content
Healthcare
§ 5000DExcise Tax on Sales of Designated Drugs
Tax Reforms
§ 55 - 59Corporate Alternative Minimum Tax (CAMT)
§ 4501Excise Tax on Repurchases of Corporate Stock
Additional Resources
 Additional Treasury Educational Resources
 IRS Clean Energy Tax Incentive Resources
 IRS Clean Energy Tax Credit Statistics
 DOE Resources for Clean Energy Tax Incentives