8933 Sch. E
Election Certification
Schedule E (Form 8933), Election Certification, is a two-page schedule attached to Form 8933, Carbon Oxide Sequestration Credit. The IRS About page says to use it if you're the owner of the capture facility that supplied qualified carbon oxide to another person that was properly disposed of in geological storage, used in an EOR project, or utilized in a manner consistent with section 45Q(f), and you elect under section 45Q(f)(3)(B) to allow the credit to that person.
The schedule records the electing taxpayer, one credit claimant, how that claimant disposed of, injected or utilized the carbon oxide, the credit rate, and the metric tons and credit allowed to the claimant and kept by the electing taxpayer. The instructions say the election can cover all or only part of the credit, a new election is made each year, and a separate election is made for each facility.
You can fill out Schedule E (Form 8933) free in your browser on this page and download it without an account.
Lines 1 to 7b take the electing taxpayer's name, TIN and address, the location of the capture facility, the placed-in-service date of the carbon capture equipment, the type of industrial facility, and the IRS-issued registration and EPA e-GGRT ID numbers.
The claimant's name, TIN and address, and a Yes or No attestation on line 11 that the claimant isn't a subcontractor.
Line 12 has three boxes: secure geological storage not used in an EOR project, storage used as a tertiary injectant in an EOR project, or utilization described in section 45Q(f)(5). Lines 13 to 14b take the disposal site location and its ID numbers.
Six boxes on line 15 sort the carbon oxide by when the capture equipment or direct air capture (DAC) facility was placed in service and how it was handled. Line 16 elects the credit rates for equipment placed in service prior to February 9, 2018.
Eight boxes, a to h, list the rate or dollar amount, such as $28.43 and $14.21 for tax year beginning in 2025, and $17, $12, $36 and $26 for equipment placed in service after 2022.
Lines 1 to 3 take metric tons by the box checked on line 12. Line 4 is the tons allowed to the claimant, line 6 the credit allowed (line 4 times line 5), and lines 7 and 8 the tons and credit the electing taxpayer keeps.
Enter the electing taxpayer's information from Form 8933 on lines 1 to 7b. For line 5, the instructions explain the original placed-in-service date of carbon capture equipment and refer to Rev. Rul. 2021-13.
Enter one credit claimant's name, TIN and address, then answer line 11. Each other credit claimant gets its own schedule.
Check the line 12 box that matches what the claimant did with the carbon oxide. Lines 13 to 14b apply only if box 12a or 12b was checked. Then check the line 15 box and, if it applies, line 16.
Check the rate or dollar amount based on the boxes checked for lines 12, 15 and 16. The instructions point to the 2025 inflation adjusted credit rates and applicable dollar amounts.
Enter metric tons on line 1, 2 or 3. The form says they should agree with Schedule A (Form 8933), line 12, or Schedule F (Form 8933), Part III, line 12. Enter the tons allowed on line 4, and multiply line 4 by line 5 for line 6.
Subtract line 4 from the tons on line 1, 2 or 3 for line 7, then multiply line 7 by line 5 for the credit the electing taxpayer keeps on line 8.
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The schedule says to attach it to Form 8933. Based on the box checked on line 15, the electing taxpayer adds line 4 to Form 8933, Part III, line 1e, 2e or 3e.
The instructions say the election is made by filing Schedule E (Form 8933) no later than the time prescribed by law (including extensions) for filing the federal income tax return or Form 1065 for the year the credit arises.
The instructions say the election may not be filed with an amended return, amended Form 1065 or AAR after that date, except for tax years ending after February 9, 2018, and beginning on or before January 13, 2021.
The electing taxpayer provides each credit claimant with a copy. The claimant adds line 6 to its own Form 8933, Part III, line 7, and includes the copy with its return.
The instructions list more information the electing taxpayer sets out, including the full credit before the election and the dollar amounts and metric tons allowed to each claimant and retained.
8933
141 fields, 4 pages
8933 Sch. A
22 fields, 1 page
8933 Sch. F
147 fields, 3 pages
8933 Sch. B
111 fields, 2 pages
8933 Sch. C
122 fields, 2 pages
3800
1,921 fields, 9 pages
The schedule is completed by the electing taxpayer, the owner of the capture facility, and attached to Form 8933. A copy goes to each credit claimant named on it.
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The owner of the capture facility that elects under section 45Q(f)(3)(B) to allow the credit to the person that disposed of, injected or utilized the carbon oxide. The instructions call this owner the electing taxpayer.
The instructions say the electing taxpayer can elect to allow only part of the credit to that person in a tax year and claim the remainder itself.
The instructions say a new section 45Q(f)(3)(B) election is made annually, with a separate election for each facility.
The claimant gets a copy from the electing taxpayer. Part II, line 6 says the claimant adds that credit to its Form 8933, Part III, line 7.
Line 11 asks for an attestation that the claimant isn't a subcontractor. The form says that if the answer can't be Yes, none of the credit can be allowed to that claimant.
Line 17 lists them. Boxes a and b give $28.43 and $14.21 for tax year beginning in 2025, and the form refers to the instructions and Notice 2018-93 for later years.