(c) Recordkeeping. In keeping with area 6001 of one’s Code, an effective taxpayer claiming the fresh area 45V borrowing from the bank for qualified clean hydrogen delivered at a professional brush hydrogen creation studio must manage and maintain facts sufficient to expose the level of the fresh new area 45V borrowing from the bank claimed by the taxpayer. At least, the individuals info need certainly to is information so you’re able to substantiate all the info expected to be included in brand new verification statement around step 1.45V5, facts starting that the facility match the expression a professional clean hydrogen manufacturing studio not as much as point 45V(c)(3) and you will step one.45V1(a)(10), information of early in the day borrowing says less than section 45Q by people taxpayer when it comes to carbon need equipment integrated within studio, and you will info starting the newest big date the new licensed brush hydrogen manufacturing business is listed in service. 45V3(b) with the increased borrowing amount was found, then your taxpayer might also want to look after details according to 1.45twelve. (more…)

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