SECTION 6. DRAFTING AND
Internal Revenue Bulletin 2023-23 · 2026-10-03 edition · updated 2026-10-04 · United States
CONTACT INFORMATION
The principal author of this notice is Boris Kukso of the Office of Associate Chief Counsel (Passthroughs & Special Industries). For further information regarding this notice contact Mr. Kukso at (202) 317-6853 (not a toll-free number).
The Reduction Amount is $1.67 ($1.10 ÷ $0.46 x $0.70) and it exceeds the tentative credit amount ($0.70). Therefore, the credit amount used to calculate the MWC for taxable years beginning in calendar year 2022 is $0.00 per Mcf.
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