Form 3468 (2019)
Page 2
Part III Rehabilitation Credit and Energy Credit
11 Rehabilitation credit (see instructions for requirements that must be met):
a
Check this box if you are electing under section 47(d)(5) to take your qualified rehabilitation
expenditures into account for the tax year in which paid (or, for self-rehabilitated property, when
capitalized). See instructions. Note: This election applies to the current tax year and to all later tax
years. You may not revoke this election without IRS consent . . . . . . . . . . . .
▶
b Enter the dates on which the 24- or 60-month measuring period begins
and ends
c Enter the adjusted basis of the building as of the beginning date above (or the
first day of your holding period, if later) . . . . . . . . . . . . . .
$
d Enter the amount of the qualified rehabilitation expenditures incurred, or treated
as incurred, during the period on line 11b above . . . . . . . . . . .
$
Enter the amount of qualified rehabilitation expenditures and multiply by the percentage shown:
e Pre-1936 buildings under the transition rule (see instructions) . .
$ × 10% (0.10) 11e
f
Certified historic structures under the transition rule (see instructions)
$ × 20% (0.20) 11f
g Certified historic structures with expenditures paid or incurred after
2017 and not under the transition rule (see instructions) . . .
$ × 4% (0.04) 11g
Note: This credit is allowed for a 5-year period beginning in the tax year that the qualified rehabilitated
building is placed in service.
For properties identified on line 11f or 11g, complete lines 11h and 11i.
h Enter the assigned NPS project number or the pass-through entity’s employer identification number
(see instructions) . . . . . . . . . . . . . . . . . . .
i Enter the date that the NPS approved the Request for Certification of Completed Work (see
instructions) . . . . . . . . . . . . . . . . . . . . .
12 Energy credit:
a Basis of property using geothermal energy placed in service during the tax year
(see instructions) . . . . . . . . . . . . . . . .
$ × 10% (0.10) 12a
b
Basis of property using solar illumination or solar energy placed in service during the tax year that
is attributable to periods after December 31, 2005, and the construction of which began before
2020 (see instructions) . . . . . . . . . . . . . .
$ × 30% (0.30) 12b
c Basis of property using solar illumination or solar energy placed in service during the tax year and the
construction of which began in 2020 (see instructions) . . . .
$ × 26% (0.26) 12c
Qualified fuel cell property (see instructions):
d
Basis of property placed in service during the tax year that was acquired after December 31, 2005,
and before October 4, 2008, and the basis attributable to construction, reconstruction, or erection by
the taxpayer after December 31, 2005, and before October 4, 2008
$ × 30% (0.30) 12d
e Applicable kilowatt capacity of property on line 12d (see instructions) .
▶
× $1,000 12e
f Enter the lesser of line 12d or line 12e . . . . . . . . . . . . . . . . . . . . . 12f
g
Basis of property placed in service during the tax year that is attributable to periods after
October 3, 2008, and the construction of which began before 2020
$ × 30% (0.30) 12g
h Applicable kilowatt capacity of property on line 12g (see instructions) .
▶
× $3,000 12h
i Enter the lesser of line 12g or line 12h . . . . . . . . . . . . . . . . . . . . . 12i
j
Basis of property placed in service during the tax year and the construction of which began
in 2020 . . . . . . . . . . . . . . . . . . .
$ × 26% (0.26) 12j
k Applicable kilowatt capacity of property on line 12j (see instructions)
. ▶
× $3,000 12k
l Enter the lesser of line 12j or line 12k . . . . . . . . . . . . . . . . . . . . . .
12l
Qualified microturbine property (see instructions):
m
Basis of property placed in service during the tax year that was acquired after December 31, 2005,
and the basis attributable to construction, reconstruction, or erection by the taxpayer after
December 31, 2005 . . . . . . . . . . . . . . .
$ × 10% (0.10) 12m
n Kilowatt capacity of property on line 12m . . . . . . . . . .
▶
× $200 12n
o Enter the lesser of line 12m or line 12n . . . . . . . . . . . . . . . . . . . . .
12o
Form 3468 (2019)