Section 25C Energy Efficient Home Improvements Credit Qualified Manufacturer Requirements

ICR 202407-1545-019

OMB:

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2024-10-28
IC Document Collections
ICR Details
202407-1545-019
Received in OIRA
TREAS/IRS
Section 25C Energy Efficient Home Improvements Credit Qualified Manufacturer Requirements
New collection (Request for a new OMB Control Number)   No
Regular 10/28/2024
  Requested Previously Approved
36 Months From Approved
4,204,221 0
1,054,746 0
0 0

Section 13301(a) of the IRA amended section 25C(g) to make the section 25C credit available from January 1, 2022, through December 31, 2032. Section 13301(b) of the IRA amended section 25C(a) generally to allow a credit for 30 percent of amounts that individual taxpayers pay or incur during a taxable year for qualified energy efficiency improvements installed during such taxable year, residential energy property expenditures, and home energy audits. Section 13301(i)(3) of the IRA provides that amendments made by section 13301(g) of the IRA relating to the requirement to include a PIN on a return, and the requirements that qualified manufacturers agree to assign PINs to individual items of specified property, to label each such items with a PIN, and to make periodic reports to the IRS regarding such specified property apply to property placed in service after December 31, 2024.

US Code: 26 USC 25C Name of Law: Energy Efficient Home Improvement
  
PL: Pub.L. 117 - 169 133301 Name of Law: Inflation Reduction Act

1545-BR27 Proposed rulemaking 89 FR 85099 10/25/2024

No

4
IC Title Form No. Form Name
Appeals
Manufacturer Periodic Reporting
PIN Labelling
Qualified Manufacturer Registration

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 4,204,221 0 4,204,221 0 0 0
Annual Time Burden (Hours) 1,054,746 0 1,054,746 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There are no changes in burden. This is a new collection requirement.

$0
No
    Yes
    Yes
No
No
No
No
Patrick Kirwan 202 622-3110

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
10/28/2024


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