Can you stack Carbon Capture, Utilization and Storage Investment Tax Credit and Clean Technology Investment Tax Credit?
Yes. Carbon Capture, Utilization and Storage Investment Tax Credit and Clean Technology Investment Tax Credit can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice.
Carbon Capture, Utilization and Storage Investment Tax Credit
Refundable federal credit for capital invested in CCUS projects: capturing CO2 from industrial sources, transporting, and storing or using it. Rates range from 18.75% to 60% depending on stage.
Clean Technology Investment Tax Credit
Refundable federal credit for capital invested in eligible clean technology equipment: solar, wind, geothermal, electricity storage, electric vehicles, hydrogen, and waste biofuels. 30% of the cost.
How to stack them
- 01Confirm you meet each program's eligibility on its own. Carbon Capture, Utilization and Storage Investment Tax Credit and Clean Technology Investment Tax Credit are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.