The U.S. Treasury Department and IRS today released for publication in the Federal Register a notice that provides the 2020 inflation adjustment factor and reference prices used in determining the availability of the credit for renewable electricity production and refined coal production under section 45.
Today’s notice [PDF 76 KB] provides:
The credit rates and reference prices for 2020 are also provided in Notice 2020-38, which appears in Internal Revenue Bulletin 2020-23 [PDF 2.84 MB] (June 1, 2020).
For the 2019 factors and reference prices, read TaxNewsFlash
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