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The domestic content bonus credit is an additional incentive credit available under the investment tax credit and production tax credit for businesses and other entities that invest in a qualified clean or renewable energy facility, energy project, or energy storage technology.

IR-2024-140, May 16, 2024 — The Department of Treasury and the Internal Revenue Service today released Notice 2024-41 to modify an existing safe harbor and to provide a new elective safe harbor for determining the Domestic Content Bonus Credit amounts.

Publication 6069, 48(e) Low-Income Communities Bonus Credit Program FAQs is made available to taxpayers to help submit applications for the Section 48(e) Low-Income Communities Bonus Credit Program on an online portal developed between Department of Energy and IRS. This bonus energy credit was enacted under the Inflation Reduction Act of 2022.

Publication 6070, 48(e) Low-Income Communities Bonus Credit Program Application Checklist

The Low-Income Communities Bonus Credit Program increases the amount of energy investment tax credits for clean-energy investments in connection with low-income communities.

IR-2023-102, May 12, 2023 — The Department of Treasury and the Internal Revenue Service today issued Notice 2023-38 for owners of green energy projects, such as wind, solar and energy storage technologies.

Publication 6080 is a User Guide made available to external users to help submit transfer applications for the Low-Income Communities Bonus Credit program tax credit on an online portal developed between Department of Energy and IRS. This publication is for program years 2023 and 2024.

IR-2024-77, March 22, 2024 — The Internal Revenue Service today issued Notice 2024-30 that expands certain rules for determining what an energy community is for the production and investment tax credits.

IR-2024-157, June 7, 2024 — The Department of the Treasury and Internal Revenue Service today issued Notice 2024-48 that publishes information taxpayers may use to determine whether they meet certain requirements under the Statistical Area Category or the Coal Closure Category in Notice 2023-29 for purposes of qualifying for the Energy Community Bonus Credit.

IR-2023-69, April 4, 2023 — The Internal Revenue Service today issued Notice 2023-29 that describes certain rules that the IRS intends to include in forthcoming proposed regulations for determining what constitutes an energy community for the production and investment tax credits.