How to Claim the 179D Deduction for 2021 and Beyond

Thu, Apr 08, 2021 @ 08:52 / by Jim Newman posted in PACE, indoor air quality, EPA, tax deductions

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Popular energy efficiency tax incentive, 179D, made permanent. Indoor air quality improvements may qualify.

The Energy Policy Act of 2005 (EPAct 2005), Section 179D, established a tax deduction of up to $1.80 per square foot for qualifying structures, including a retroactive deduction for existing facilities that meet specific requirements. After several extensions, this beneficial tax credit was finally made permanent.Tax Law - Folder.  Closeup View.

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