Page 29 - Credits & Deductions

o p p o r t u n it y

z o n es

Opportunity Zones are economic
developemnt tool that supports investment

and grow th in distressed areas of the
United States.
Investment in Opportunity Zones and defer

tax on eligible plans

Pl ug-In El ect ric Drive Vehicl e

(IRS 30D)

Internal Revenue Code Section 30D
provides credit for Qualified Plun-in Electric
Drive Motor Vehicles including passenger
vehicles and light trucks.

Energy Ef f icient Hom e Credit

Eligible contractors use Form 8908, Energy
Efficient Home Credit, to claim a credit for
each qualified energy efficient home sold
or leased to another person during the tax
year for use as a residence.

The credit is based on the energy saving
requirements of the home.

The credit is part of the general business
credit. Also see Form 3800, General
Business Credit and Notice 2022-48.

Research Credit

Guidelines and audit technique guide are
provided for field examiners on the
examination of Research Credit cases.