Authored by Karen Gries, Robert Moczulewski
The IRS pre-filing registration portal for Inflation Reduction Act of 2022 (IRA) and CHIPS Act of 2022 credit claims opened on Dec. 22, 2023. Registration via this portal is a key requirement to receive a registration number to claim eligible tax credits (“direct pay” for tax-exempt entities) to support your organization’s clean energy and/or energy efficiency projects. Organizations planning to transfer credits must also complete the pre-filing registration process.
This video breaks down the IRA and CHIPS Act pre-filing registration process for public sector entities and discusses the following:
Pre-filing registration tool overviewCreating an account on ID.mePre-registration processKey dates and timingAdditional considerations for governments, tribes, higher education institutions and not-for-profit organizations
Contact Baker Tilly with questions or learn more about the firm’s IRA services now.