Form 3468

Form 3468

A form that one files with the IRS to claim a tax credit for making a qualifying investment in renewable or clean energy technology. Examples of potentially qualifying investments include clean coal and solar energy.
References in periodicals archive ?
For any taxpayer claiming a rehabilitation tax credit, Form 3468 needs to be filed.
Businesses that take advantage of the solar energy credit under section 48 cannot also claim the production tax credit under section 45 for the same facility, To elect the section 48 energy credit in lieu of the production tax credit, taxpayers must file Form 3468, Investment Credit, and attach additional information described in Notice 2009-52.
The credit for fuel cell property and stationary microturbine power plants is claimed on Form 3468, Investment Credit.
Using these forms on a standard laser printer, the four primary IRS forms related to fixed assets can be completed: Form 3468, Investment Tax Credit; Form 4255 Recapture of Investment Credit; Form 4562, Depreciation and Amortization; and Form 4792, Gains or Losses from Business Property.
The R&D credit form is similar to the Form 3468 (Computation of Investment Credit), which consititutes adequate disclosure under section 4(d)(5) of Rev.