Course: Proposed Rule on Profits and Related Basis Adjustments based on this document from the Federal Register: https://www.govinfo.gov/content/pkg/FR-2024-12-02/pdf/2024-27227.pdf This document contains proposed regulations regarding previously taxed earnings and...
Clean Vehicle Tax Credits: Sections 25E and 30D Course
This course provides an in-depth look at federal income tax credits for clean vehicles, as outlined in sections 25E and 30D of the Internal Revenue Code. Learn about credits for new and used electric and fuel cell vehicles, credit transfer processes, critical mineral and battery component requirements, foreign entity restrictions, and more. Equip yourself with knowledge essential for compliance and maximizing credit benefits.
In this course you will learn the following:
* Understand the requirements for claiming the section 25E credit for previously-owned clean vehicles.
* Understand the requirements for claiming the section 30D credit for new clean vehicles.
* Understand the process for transferring clean vehicle credits to dealers.
* Identify the critical minerals and battery components requirements for new clean vehicles.
* Recognize the restrictions related to foreign entities of concern.
* Understand the rules regarding recapture of credits.
* Identify the new definitions added to the list of mathematical or clerical errors.
Additional information
| Federal Register Title | Clean Vehicle Credits Under Sections 25E and 30D; Transfer of Credits; Critical Minerals and Battery Components; Foreign Entities of Concern. Document Number: 2024-09094 |
|---|---|
| Course SKU | FR-24-769-1 |
| Why This Course Is Important | Without this course, you could miss out on significant tax savings from clean vehicle credits and risk non-compliance with IRS regulations, impacting your financial planning and environmental contributions. |