Determine the Type of Election

Determine whether the taxpayer can monetize the credits earned with an elective payment election or by transferring the credit. Refer to the resources in Appendix B – Elective Pay and Transfer Election Resources for detailed information on those matters.

Fact sheets, FAQs, and more information related to elective payment and a transfer election can be found at IRS.gov/ElectivePay .

Table 1, below, summarizes the type(s) of elections available to different entity types.