How to Comply with IRC Section 42(l)(1), First-Year Certification

How to Comply with IRC Section 42(l)(1), First-Year Certification



In addition to annual certifications, owners are required to complete a “First-Year Certification” under Internal Revenue Code (IRC) Section 42(l)(1). The certification is made to identify specific information needed for the administration of the program and document specific elections that will govern how the site is operated.

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