Instructions For Form 8908 - Energy Efficient Home Credit

Energy Services Network (RESNET) Publication 13-001,

energy credit part of the investment tax credit may not

or an equivalent calculation procedure. You can access

again be considered in determining the energy efficient

RESNET publications at

home credit. See section 45L(f).

taxcredits/procedures.pdf.

Line 2

Certification

For each manufactured home that meets the 30% energy

An eligible contractor must obtain a certification that the

efficient standard, the allowable credit is $1,000.

dwelling unit meets the requirements of section 45L(c)

Reduce the expenses incurred in the construction of

from an eligible certifier before claiming the section 45L

each new home by the amount of the credit. Expenses

credit. The certification will be treated as satisfying the

taken into account for either the rehabilitation credit or

requirements of section 45L(c) if all the construction has

energy credit part of the investment tax credit may not

been performed in a manner consistent with the design

again be considered in determining the energy efficient

specifications provided to the eligible certifier and the

home credit. See section 45L(f).

certification contains all of the information required by

Line 3

section 3 of Notice 2008-35, available at

2008-12_IRB/ar14.html, or, for manufactured homes,

Enter total energy efficient home credits from:

section 3 or section 4 of Notice 2008-36, available at

Schedule K-1 (Form 1065), Partner's Share of Income,

2008-12_IRB/ar15.html.

Deductions, Credits, etc., box 15 (code P); and

Schedule K-1 (Form 1120S), Shareholder's Share of

Specific Instructions

Income, Deductions, Credits, etc., box 13 (code P).

Line 1

Partnerships and S corporations must always report the

above credits on line 3. All other filers figuring a separate

For each home that meets the 50% energy efficient

credit on earlier lines must also report the above credits

standard, the allowable credit is $2,000.

on line 3. All others not using earlier lines to figure a

Reduce the expenses incurred in the construction of

separate credit can report the above credits directly on

each new home by the amount of the credit. Expenses

Form 3800, Part III, line 1p.

taken into account for either the rehabilitation credit or

Paperwork Reduction Act Notice. We ask for the information on this form to carry out the Internal Revenue laws of the

United States. You are required to give us the information. We need it to ensure that you are complying with these laws

and to allow us to figure and collect the right amount of tax.

You are not required to provide the information requested on a form that is subject to the Paperwork Reduction Act

unless the form displays a valid OMB control number. Books or records relating to a form or its instructions must be

retained as long as their contents may become material in the administration of any Internal Revenue law. Generally, tax

returns and return information are confidential, as required by section 6103.

The time needed to complete and file this form will vary depending on individual circumstances. The estimated burden

for individual taxpayers filing this form is approved under OMB control number 1545-0074 and is included in the

estimates shown in the instructions for their individual income tax return. The estimated burden for all other taxpayers

who file this form is shown below.

Recordkeeping

2 hr., 9 min.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Learning about the law or the form

12 min.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Preparing and sending the form to the IRS

14 min.

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If you have comments concerning the accuracy of these time estimates or suggestions for making this form simpler,

we would be happy to hear from you. See the instructions for the tax return with which this form is filed.

-2-

Instructions for Form 8908 (2014)

Instructions For Form 8908 - Energy Efficient Home Credit - 2014 Page 2

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