Form 7205 Deduction for Energy Efficient Commercial Buildings

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Form

7205

(December 2022)
Department of the Treasury
Internal Revenue Service
Name(s) shown on return

Energy Efficient Commercial Buildings Deduction
OMB No. 1545-2004

Attach to your tax return.
Go to www.irs.gov/Form7205 for instructions and the latest information.

Identifying number

Claiming deduction as (check one):

Building owner

Designer of energy efficient commercial building property (EECBP)

DRAFT AS OF
November 22, 2022
DO NOT FILE
Part I

1

Building and EECBP Information (see instructions)

(a) Address of building

(b) Date
EECBP
placed
in service

(c) EECBP system and computed
energy savings percentage*

A

A

B

C
D

E

H

(d) Check
if interim
lighting
rule was
used

L

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

%

(e) Potential
amount per
square foot
based on
energy savings
and system
(see instructions)

(f) Building
square
footage

(g) Potential
section 179D
deduction amount
(multiply
column 1(e) by
column 1(f))

* A = All systems; E = Building envelope; H = Heating, cooling, ventilation, and hot water system; L = Interior lighting system

Part II
2

Computation of Energy Efficient Commercial Buildings Deduction Amount (see instructions)

(a) Total per square foot
amount claimed
in prior years

(b) Subtract column 2(a)
from the maximum
amount allowed
(see instructions)

(c) Check if the
amount in
column 2(b)
is greater than
or equal to
column 1(e)

(d) If column 2(c) is checked,
enter amount from
column 1(g), skip
column 2(e) and column 2(f)
and go to column 2(g);
otherwise, enter -0-

(e) Check if the
amount from
column 2(b)
is less than
the amount in
column 1(e)

(f) If column 2(e) is checked,
multiply column 2(b) by
column 1(f)

A
B
C
D
(g) Cost of energy efficient
commercial building
property placed in service
during the tax year
(see instructions if building
ownership percentage
is less than 100%)

(h) Enter the greater of
column 2(d) or column 2(f)
(see instructions if building
ownership percentage
is less than 100%)

(i) Enter the lesser of
column 2(g) or column 2(h)

(j) Designers enter the amount
of the section 179D deduction
allocated to you as the designer
(see instructions)

(k) Section 179D deduction
for the building
Designers, enter the lesser of
column 2(i) or column 2(j)
Building owners, enter the
amount from column 2(i)

A
B
C
D
3

Total section 179D deduction. Add amounts from column 2(k). Enter here and on the appropriate
line of your return. See instructions . . . . . . . . . . . . . . . . . . . .

Part III
4

3

Certification Information for Each Property Listed in Part I
(a) Name of Qualified Individual
completing certification

(b) Employer of Qualified Individual

(c) Address of Qualified Individual

A
B
C
D

Part IV
5

Designer Allocation Information for Each Property Listed in Part I (to be completed by Designer only)
(a) Identified owner of building

(b) Name of building owner’s authorized
representative completing allocation

(c) Address of building owner’s authorized representative

A
B
C
D
For Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 56398R

Form 7205 (12-2022)