Am-2018-005.pdf

am-2018-005.pdf
Preview of am-2018-005.pdf
🔗 Source: irs.gov
📊 Size: 90 KB
📄 Pages: 10 pages
⬇️ Downloads: 65

Summary

The Internal Revenue Service (IRS) issued a memorandum (AM 2018-005) on December 7, 2018, addressing the eligibility for allocation of the deduction for energy efficient commercial building property under Section 179D(d)(4) of the Code. The memorandum concludes that a taxpayer can qualify as a Designer of energy efficient commercial building property if they created technical specifications for construction contract documents. Additionally, if a building owner could have qualified for the maximum § 179D deduction of $1.80 per square foot, the government building owner has discretion to allocate the full deduction to the primary Designer of one system of such property or to allocate it among several Designers.

Description

The Internal Revenue Service (IRS) issued a memorandum (AM 2018-005) on December 7, 2018, addressing the eligibility for allocation of the deduction for energy...

Technical Information

  • File Format: PDF
  • File Size: 90 KB
  • Pages: 10
  • Language: EN
  • Total Downloads: 65
  • Last Updated: 4 weeks ago

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