Elective Pay and Transfer Election — 0726 Publ 5884 (PDF)

Internal Revenue Code sections 6417, 6418, and 48D(d) enable taxpayers to monetize of certain manufacturing investment, clean energy investment, and production tax credits through elective pay or transfer provisions. A taxpayer who intends to make an elective payment or credit transfer election must complete the pre-filing registration process to receive a registration number for each property or facility. The registration number must be entered on the appropriate line of Form 3800 filed with the taxpayer’s annual return. To facilitate this, the IRS created the Elective Pay and Transfer Election Pre-Filing Registration tool.

This User Guide includes general information and instructions on the following topics:

Path to monetizing certain credits with an elective payment or a transfer election
Accessing the Elective Pay and Transfer Election Pre-Filing Registration tool
Information about the pre-filing registration process, including:
- Credits dashboard and basics of navigating within the tool
- Email notifications
- Multiple registration packages
- Collection of information at the taxpayer/entity level
- Collection of information regarding facilities/properties for specific credits
- Information entry (including bulk data upload capability)
- Registration submission case review statuses
- Registration numbers
- Registration amendments
- Registration renewals
- Registration cancellations

For information about creating one or more Clean Energy Accounts, see Publication 5902 .

This User Guide is not a legal or technical guide for:

Understanding general business credits, including computing and reporting credits on a tax return
Earning a credit
Qualifying for bonus credit amounts
Determining how many separate facilities/properties to register
Filing the annual return where the credits will be reported
Making an effective credit transfer

See Appendices A and B for resources on irs.gov that address these issues.