solar panels on building

 Energy credits and deductions


Clean vehicle sellers and dealers should register by Dec. 1

The IRS reminds dealers and sellers of clean vehicles to register their organizations immediately on the Energy Credits Online tool. The IRS is strongly urging sellers of clean vehicles to register by Dec. 1, 2023, if they want to be in a position to receive advance payments starting Jan. 1, 2024. The tool will generate a time-of-sale report that the taxpayer will use when filing their federal tax return to claim or report the credit.

A tax deduction for increased energy savings in commercial buildings may be available for those who qualify

Building owners who place in service energy efficient commercial building property (EECBP) or energy efficient building retrofit property (EEBRP) may be able to claim a tax deduction. Find out more on eligibility, and qualifications in this easy-to-understand e-poster, that you can post or distribute. Find more info about the Energy efficient commercial buildings deduction page on IRS.gov.

Home energy tax credits

Small businesses can find expanded home energy tax credits outlined in an easy-to-understand format. They can learn about credit amounts and types of qualifying expenses for these credits. Post, print or digitally share this e-poster.

IRS provides guidance on credit for builders of energy-efficient homes

Contractors who build or reconstruct qualified energy-efficient homes may be eligible for tax credits up to $5,000 per home.