What's New in Clients Claim Home Energy and Clean Vehicle Credits - for Individuals
Author: Annette Nellen
| CPE Credit: |
2 hours for CPAs
2 hours Federal Tax Related for EAs and OTRPs
2 hours Federal Tax Law for CTEC |
Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2028 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
A review of the intricacies of the qualifications, standards, definitions and limitations in claiming clean vehicle and residential energy credits for individuals. The relevant Code, regulations, FAQs, forms and instructions will be addressed along with planning tips, avoiding traps for the unwary, due diligence considerations, examples, and IRS resources to help you and clients.
NOTE: The current version of the House tax bill released on 5/12/2025 to terminate the two residential energy credits making 2025 the last year they are available.
Publication Date: June 2025
Designed For
Practitioners looking to understand the basics of the two residential energy credits available to individuals and gaining tips to avoid problems.
Topics Covered
- Overview to IRA 2022 energy credits and rationale
- Residential/home energy credits (§25C and §25D)
- Energy rebate programs
- Clean vehicle credits for individuals (§30D and §25E)
- Planning and due diligence aspects of credits modified, added and extended by the Inflation Reduction Act of 2022
Learning Objectives
- Explain the qualifications for residential energy tax credits available to individuals, and the nuanced differences in what homes the Section 25C credits qualify for
- Describe the latest IRS guidance and information available to assist in claiming these credits
- Explain how to complete the tax forms for residential energy and clean vehicle credits
- Identify due diligence and planning considerations relevant to IRA 2022 residential energy and clean vehicle credits for individuals
- Identify the year the Residential Clean Energy Credit ends under current law
- Identify the maximum amount a taxpayer may claim annually for a qualified home energy audit
Level
Overview
Instructional Method
Self-Study
NASBA Field of Study
Taxes (2 hours)
Program Prerequisites
None
Advance Preparation
None
