Data / Federal rules / 2024-17945
Elective Payment of Applicable Credits; Correction
The Internal Revenue Service published this final rule in the Federal Register on August 16, 2024. It took effect on August 16, 2024.
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What the agency says
This document contains corrections to Treasury Decision 9988, which was published in the Federal Register for Monday, March 11, 2024. Treasury Decision 9988 issued final regulations concerning the election under the Inflation Reduction Act of 2022 to treat the amount of certain tax credits as a payment of Federal income tax.
Key facts
- Document number
- 2024-17945
- Type
- Final rule
- Action
- Final rule; correction and correcting amendments
- Agency
- Treasury Department; Internal Revenue Service
- Published
- August 16, 2024
- Takes effect
- August 16, 2024
- Dates
- These corrections are effective on August 16, 2024 and for dates of applicability see Sec. Sec. 1.6417-1(q), 1.6417-2(f), 1.6417-3(f), 1.6417-4(f), 1.6417-5(d), 1.6417-6(e), 301.6241-1(b)(1), and 301.6241- 7(k)(3).
- Docket
- TD 9988
- Regulation ID (RIN)
- 1545-BQ63
- Code of Federal Regulations
- 26 CFR 1; 26 CFR 301
- Topics
- Income taxes; Reporting and recordkeeping requirements
- Pages
- 2
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Everything from the Internal Revenue Service · Rules on income taxes · Rules on reporting and recordkeeping requirements · Published in August 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.