Code section · 2025
P.L. 119-21 §70509
Pub. L. No. 119-21, §70509
Internal Revenue Code
What it holds
Removes solar and wind energy property from 5-year property for property beginning construction after December 31, 2024. Solar that is §48E qualified-investment property remains 5-year under §168(e)(3)(B)(viii).
Why it matters for your study: Takes solar and wind energy property whose construction begins after 2024 out of the 5-year class, unless it qualifies through the §48E credit. It is why a study asks when a solar system's construction began.
- Category
- Methodology & procedure
- Applies to
- All property types
- Status
- Vetted
This page explains a tax authority in plain words. It is not tax advice for your situation. Joel Salas, our Director of Tax, signs every study. Citation is provided so you or your advisor can read the primary source.