Home
Forms Library
Schedule H-2 Credit Recapture

Schedule H-2 Credit Recapture 2025

Schedule H-2 Credit Recapture Preview on Page 1

Show details

4.9 out of 5

60 votes

The document outlines the Schedule H-2 Credit Recapture process for taxpayers who need to recapture various tax credits related to Brownfields, Low-Income Housing, Historic Rehabilitation, Economic Opportunity Areas, Vanpool, or Life Science. It provides detailed instructions on how to calculate the recapture amount based on the original credit, months of qualified use, and other relevant factors. The document emphasizes the importance of accurately reporting any unused credits and includes references to additional resources for assistance.

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

How to quickly redact Schedule H-2 Credit Recapture online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

Dochub is the greatest editor for modifying your documents online. Follow this simple instruction to edit Schedule H-2 Credit Recapture in PDF format online at no cost:

Register and sign in. Register for a free account, set a secure password, and proceed with email verification to start working on your templates.
Upload a document. Click on New Document and select the file importing option: upload Schedule H-2 Credit Recapture from your device, the cloud, or a secure link.
Make changes to the template. Take advantage of the top and left panel tools to redact Schedule H-2 Credit Recapture. Insert and customize text, images, and fillable areas, whiteout unnecessary details, highlight the significant ones, and provide comments on your updates.
Get your paperwork done. Send the form to other people via email, generate a link for quicker document sharing, export the template to the cloud, or save it on your device in the current version or with Audit Trail included.

Discover all the advantages of our editor right now!

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is form 4255 recapture of investment credit?

Use Form 4255 to figure the increase in the amount due for certain credit recaptures, excessive payments, excessive credit transfers, and PWA penalty amounts. Generally, you must refigure the investment credit and may have to recapture all or part of it if any of the following apply.

What does tax credit recapture mean?

Recapture refers to the governments recovery of a taxpayers gain from beneficial treatmentsuch as depreciation tax credits, deductions , or other tax creditssince the beneficial treatment no longer applies. For example, 26 U.S.C.

How do environmental tax credits work?

How it works. The Residential Clean Energy Credit equals 30% of the costs of new, qualified clean energy property for your home installed anytime from 2022 through 2032. The credit percentage rate phases down to 26 percent for property placed in service in 2033 and 22 percent for property placed in service in 2034.

Do you have to recapture solar tax credit?

The recapture rules for the commercial solar tax credit apply during the first five years after your solar system is placed into service. In the first year, 100% of the credit is subject to recapture if the system no longer qualifies. This percentage decreases by 20% each year, reaching zero after year five.

What is environmental tax credit recapture?

Credit 218 - Environmental Tax Credit If the facility used to produce ultra low sulfur diesel fuel, is sold, transferred, or otherwise disposed of within five years of the taxable year during which the credit was first claimed, the previously allowed credit must be recaptured in the disposition year.

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Does the EV tax credit give you money back?

The federal EV tax credit, worth up to $7,500, is a nonrefundable tax credit that has been an effective way to lower the cost of EV ownership for taxpayers. The Inflation Reduction Act of 2022 changed this tax credit by extending its life through 2032 and expanding it to cover more vehicles.

Schedule H-2 Credit Recapture 2025

Here's how it works

How to quickly redact Schedule H-2 Credit Recapture online

Complete this form in 5 minutes or less

Got questions?

What is form 4255 recapture of investment credit?

What does tax credit recapture mean?

How do environmental tax credits work?

Do you have to recapture solar tax credit?

What is environmental tax credit recapture?

Complete this form in 5 minutes or less

People also ask

Does the EV tax credit give you money back?

Related links

Try more PDF tools