Lighthouse Cohort Partner Resources

Lighthouse Cohort Partner Resources

GFOA is currently working with several partner organizations in what is collectively known as the IRA Elective Pay Lighthouse Cohort. The goal of this effort is to encourage public entities to pursue the newly available credits. Below are resources the partners have developed in a collaborative effort to increase elective pay update.

Cohort Partner Elective Pay Presentations

Federal Advocacy

Elective Pay Credits and Government Procurement

This joint presentation by GFOA, L4GG and WRI explores how eligible entities can integrate elective pay tax credits into government procurement and RFPs.

See presentation slide deck

Federal Advocacy

Direct Pay Overview

This presentation by Lawyers for Good Government provides a high-level overview of elective pay (aka direct pay) under the Inflation Reduction Act

See Presentation Slide Deck

Federal Advocacy

Demystifying Elective Pay

This joint presentation by GFOA and Lawyers For Good Government seeks to demystify the elective pay (aka direct pay) filing process.

See Presentation Slide Deck

Eligible Project Worksheets

The purpose of these is to help entities keep project information organized as you will need this information as you go through the pre-filing registration process.

  1. EV Purchases
  2. EV Charging and DOE Energy Credit Eligibility Locator Map
  3. ITC/PTC (e.g., solar)

Annotated Tax Forms

The annotated forms are not intended to serve as tax advice but only a general overview of one part in the elective pay election process.

Please consult your tax professional, accountant, or attorney for your specific situation and filing the appropriate forms.

The buttons below will take you to annotated forms. For IRS instructions and blank versions of each form, please click the following links: Form 990-T; Form 3800; Form 8936 (and Schedule A) for EV purchases; Form 8911 For EV charging infrastructure; Form 3468 for Investment Tax Credit.

IRS Published Sample Tax Forms for Elective Pay

In mid-November, the IRS published a presentation that included the annotated versions of the forms (and sample return) most relevant for entities pursuing elective payment.

See the presentation

Federal Advocacy

Form 990-T

Most state, local and tribal governments have never filed a tax return. This form is what all eligible entities will use when filing for elective pay. Like the 1040 for individuals, this form will almost always be necessary to file.

See the annotated form

Federal Advocacy

Form 3800

This form is the aggregator of all credits an entity intends to file for, e.g. an EV purchase and EV charging infrastructure.

See the annotated form

Federal Advocacy

Form 8936 and Schedule A (Form 8936)

Form 8936 is specific to electric vehicle (EV) purchases. Please note, applicants must submit a Schedule A for each vehicle they wish to receive a credit for. As an example, if City A purchases 10 EVs in one year, this means they will prepare one Form 8936 and a Schedule A (Form 8936) for each vehicle in preparation for that year's tax return.

See the annotated form

Federal Advocacy

Form 8911

This form pertains to electric vehicle (EV) charging infrastructure.

See the annotated form

Federal Advocacy

Form 3468

Entities filing this form are seeking the Investment Tax Credit or Production Tax Credit. More often than not, the most relevant eligible project for these credits are solar projects.

See the annotated form

Partner IRA Sites

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