Elective pay and transferability frequently asked questions


The answers to the questions are based on proposed and temporary elective pay and transferability regulations and other tax guidance on IRS.gov. These proposed and temporary regulations and the answers may change when these regulations are finalized following a public comment period.

In general, Treasury and the IRS do not provide personalized tax advice regarding whether a specific organization's project or activity is eligible for a tax credit. For more information about clean energy tax credits, please see Credits and deductions under the Inflation Reduction Act of 2022. You may also choose to consult with a tax advisor.

Below are links to frequently asked questions about elective pay and transferability.