Data / Federal rules / 2024-24840
Advanced Manufacturing Production Credit
The Internal Revenue Service published this final rule in the Federal Register on October 28, 2024. It took effect on December 27, 2024.
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What the agency says
This document sets forth final regulations regarding the advanced manufacturing production credit established by the Inflation Reduction Act of 2022 to incentivize the production of eligible components within the United States. Eligible components include certain solar energy components, wind energy components, inverters, qualifying battery components, and applicable critical minerals. These final regulations also address specific recordkeeping and reporting requirements. These final regulations affect eligible taxpayers who produce and sell eligible components and intend to claim the benefit of an advanced manufacturing production credit, including by making elective payment or credit transfer elections.
Key facts
- Document number
- 2024-24840
- Type
- Final rule
- Action
- Final rule
- Agency
- Treasury Department; Internal Revenue Service
- Published
- October 28, 2024
- Takes effect
- December 27, 2024
- Dates
- Effective date: These regulations are effective December 27, 2024.
- Docket
- TD 10010
- Regulation ID (RIN)
- 1545-BQ85
- Code of Federal Regulations
- 26 CFR 1
- Topics
- Income taxes; Reporting and recordkeeping requirements
- Pages
- 49
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Everything from the Internal Revenue Service · Rules on income taxes · Rules on reporting and recordkeeping requirements · Published in October 2024
Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.