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CPA Practice Advisor · Dec 22, 2025

IRS Provides Safe Harbor for Claiming Carbon Capture Tax Credit

Tax Brief summary and classification of the original reporting.

Bottom Line

💡 IRS Provides Safe Harbor for Claiming Carbon Capture Tax Credit. Review and take action if applicable to your clients.

Summary

Notice 2026-01 provides a safe harbor for businesses that wish to claim the Section 45Q tax credit for qualified carbon oxide captured and disposed of in secure geological storage occurring during calendar year 2025.

Classification

Category: heads upPriority: action neededReason: Contains 'notice 20' - action may be required

Affected Groups

All tax practitioners

Related Topics

Original Source

We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.

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