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Form 6497 Rev December Information Return of Nontaxable Energy Grants or Subsidized Energy Financing Irs

Form 6497 Rev December Information Return of Nontaxable Energy Grants or Subsidized Energy Financing Irs

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Instructions and help about Form 6497 Rev December Information Return Of Nontaxable Energy Grants Or Subsidized Energy Financing Irs

transferability unlocking the value of energy tax credit transferability allows businesses to sell their renewable energy tax credits to other taxpayers for cash think of it like this imagine you have a coupon for a free pizza if you don't feel like eating pizza instead of letting you go to waste you can sell that coupon to someone who loves pizza that's what transferability does with energy tax credits businesses that can't fully utilize their renewable energy tax credits could sell them to others who can benefit from them by doing so help tribute your tax burden and allows others to take advantage of those credits for their own renewable energy projects

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