OMB No. 1545-0155
                                                     Investment Credit
Form   3468
                                                       ▶ Attach to your tax return.                                                             2021
Department of the Treasury          ▶ Go to www.irs.gov/Form3468 for instructions and the latest information.                                  Attachment   
Internal Revenue Service (99)                                                                                                                  Sequence No. 174
Name(s) shown on return                                                                                         Identifying number

Part I  Information Regarding the Election To Treat the Lessee as the Purchaser of Investment Credit Property
If you are claiming the investment credit as a lessee based on a section 48(d) (as in effect on November 4, 1990) election, provide the 
following information. If you acquired more than one property as a lessee, attach a statement showing the information below.
1      Name of lessor
2      Address of lessor
3      Description of property
4      Amount for which you were treated as having acquired the property     .  .   .  .  . . .   .  .        . . ▶                            $
Part II Qualifying Advanced Coal Project Credit, Qualifying Gasification Project Credit, and Qualifying 
        Advanced Energy Project Credit
5      Qualifying advanced coal project credit (see instructions):
a      Qualified  investment  in  integrated  gasification  combined  cycle  property 
       placed  in  service  during  the  tax  year  for  projects  described  in  section 
       48A(d)(3)(B)(i)        . . . . .  .  . . .    $                     × 20% (0.20)   5a
b      Qualified investment in advanced coal-based generation technology property 
       placed  in  service  during  the  tax  year  for  projects  described  in  section 
       48A(d)(3)(B)(ii)       . . . . .  .  . . .    $                     × 15% (0.15)   5b
c      Qualified investment in advanced coal-based generation technology property 
       placed  in  service  during  the  tax  year  for  projects  described  in  section 
       48A(d)(3)(B)(iii)  .     . . . .  .  . . .    $                     × 30% (0.30)   5c
d      Total. Add lines 5a, 5b, and 5c  .   . . .  . .   . .     . . .   . . .  .   .  .  . . .   .  .        . . 5d
6      Qualifying gasification project credit (see instructions):
a      Qualified investment in qualified gasification property placed in service  during 
       the tax year for which credits were allocated or reallocated after  October 3, 
       2008, and that includes equipment that separates and sequesters at least 75% 
       of the project’s carbon dioxide emissions     $                     × 30% (0.30)   6a
b      Qualified investment in property other than in  aabove placed in service during 
       the tax year  .        . . . . .  .  . . .    $                     × 20% (0.20)   6b
c      Total. Add lines 6a and 6b  .     .  . . .  . .   . .     . . .   . . .  .   .  .  . . .   .  .        . . 6c
7      Qualifying advanced energy project credit (see instructions):
       Qualified investment           in advanced    energy      project   property    placed     in service 
       during the tax year  .     . . .  .  . . .  . .   . .     . . .   . $                  × 30% (0.30)        7

8      Reserved for future use      . .  .  . . .  . .   . .     . . .   . . .  .   .  .  . . .   .  .        . . 8
9      Enter the applicable unused investment credit from cooperatives (see instructions)   . .   .  .        . . 9
10     Add lines 5d, 6c, 7, and 9. Report this amount on Form 3800, Part III, line 1a  .  . . .   .  .        . . 10
For Paperwork Reduction Act Notice, see separate instructions.                    Cat. No. 12276E                                               Form 3468 (2021) 

Form 3468 (2021)                                                                                                                       Page 2 
Part III Rehabilitation Credit and Energy Credit
11 Rehabilitation credit (see instructions for requirements that must be met):
a  Check  this  box  if  you  are  electing  under  section  47(d)(5)  to  take  your  qualified  rehabilitation 
   expenditures  into  account  for  the  tax  year  in  which  paid  (or,  for  self-rehabilitated  property,  when 
   capitalized). See instructions. Note: This election applies to the current tax year and to all later tax 
   years. You may not revoke this election without IRS consent  .    . .         . . .  . . . . . . ▶
b  Enter the dates on which the 24- or 60-month measuring period begins
   and ends
c  Enter the adjusted basis of the building as of the beginning date above  (or the
   first day of your holding period, if later)  . . . . . .  . .     . .         . .  . . $
d  Enter the amount of the qualified rehabilitation expenditures incurred, or  treated
   as incurred, during the period on line 11b above  .  . .  . .     . .         . .  . . $
   Enter the amount of qualified rehabilitation expenditures and multiply by the percentage shown:
e  Pre-1936 buildings under the transition rule (see instructions) . .   $                    × 10% (0.10)                     11e
f  Certified historic structures under the transition rule (see instructions)  $              × 20% (0.20)                     11f
g  Certified historic structures with expenditures paid or incurred after 
   2017 and not under the transition rule (see instructions) . .     .         $                × 4% (0.04)                    11g
   Note: This credit is allowed for a 5-year period beginning in the tax year that the qualified rehabilitated
   building is placed in service.
   For properties identified on line 11f or 11g, complete lines 11h and 11i.
h  Enter the assigned NPS project number or the pass-through entity’s employer identification number 
   (see instructions)  . . .     . . .   . .      . . . . .  . .     . .         . .
i  Enter  the  date  that  the  NPS  approved  the  Request  for  Certification  of  Completed  Work  (see 
   instructions)  . . .  . .     . . .   . .      . . . . .  . .     . .         . .
12 Energy credit:
a  Basis  of  property  using  geothermal  energy  placed  in  service  during  the  tax  year 
   (see instructions)  . . .     . . .   . .      . . . . .  . .     .         $              × 10% (0.10)                     12a
b  Basis of property using solar illumination or solar energy placed in service during the tax year that 
   is  attributable  to  periods  after  December  31,  2005,  and  the  construction  of  which  began  before 
   2020 (see instructions) .     . . .   . .      . . . . .  . .     .         $              × 30% (0.30)                     12b
c  Basis  of  property  using  solar  illumination  or  solar  energy  placed  in  service  during  the  tax  year    and  the 
   construction of which began after  2019 and before 2023 (see instructions)  $              × 26% (0.26)                     12c
d  Reserved for future use .     . . .   . .      . . . . .  . .     . .         . .  . . . . . . . . .                        12d
   Qualified fuel cell property (see instructions):
e  Basis of property placed in service during the tax year that was acquired after December 31, 2005, 
   and before October 4, 2008, and the basis attributable to construction, reconstruction, or erection by
   the taxpayer after December 31, 2005, and before October 4, 2008  $                        × 30% (0.30)                     12e
f  Applicable kilowatt capacity of property on line 12e (see instructions)  .      ▶              × $1,000                     12f
g  Enter the smaller of line 12e or line 12f   .  . . . . .  . .     . .         . .  . . . . . . . . .                        12g
h  Basis  of  property  placed  in  service  during  the  tax  year  that  is  attributable  to  periods  after 
   October 3, 2008, and the construction of which began before 2020    $                      × 30% (0.30)                     12h
i  Applicable kilowatt capacity of property on line 12h (see instructions) .        ▶             × $3,000                     12i
j  Enter the smaller of line 12h or line 12i  .   . . . . .  . .     . .         . .  . . . . . . . . .                        12j
k  Basis  of  property  placed  in  service  during  the  tax  year  and  the  construction  of  which  began 
   after 2019 and before 2023 .    . .   . .      . . . . .  . .     .   $                    × 26% (0.26)                     12k
l  Applicable kilowatt capacity of property on line 12k (see instructions)  .      ▶              × $3,000                     12l
m  Enter the smaller of line 12k or line 12l  .   . . . . .  . .     . .         . .  . . . . . . . . .                        12m
n  Reserved for future use .     . . .   . .      . . . . .  . .     . .         . .  . . . . . . . . .                        12n
o  Reserved for future use .     . . .   . .      . . . . .  . .     . .         . .  . . . . . . . . .                        12o
p  Reserved for future use .     . . .   . .      . . . . .  . .     . .         . .  . . . . . . . . .                        12p
   Qualified microturbine property (see instructions):
q  Basis of property placed in service during the tax year that was acquired after December 31, 2005, 
   and  the  basis  attributable  to  construction,  reconstruction,  or  erection  by  the  taxpayer  after 
   December 31, 2005     . .     . . .   . .      . . . . .  . .     .         $              × 10% (0.10)                     12q
r  Kilowatt capacity of property on line 12q   .    . . . .  . .     . .         .  ▶             × $200                       12r
s  Enter the smaller of line 12q or line 12r  .   . . . . .  . .     . .         . .  . . . . . . . . .                        12s
                                                                                                                                  Form 3468 (2021) 

Form 3468 (2021)                                                                                                                  Page 3 
Part III Rehabilitation Credit and Energy Credit (continued)
   Combined heat and power system property (see instructions):
   Caution:        You  can’t  claim  this  credit  if  the  electrical  capacity  of  the  property  is  more  than  50 
   megawatts or has a mechanical energy capacity of more than 67,000 horsepower or an equivalent 
   combination of electrical and mechanical energy capabilities.
t  Basis  of  property  placed  in  service  during  the  tax  year  that  was  acquired  after  October  3,  2008, 
   and  the  basis  attributable  to  construction,  reconstruction,  or  erection  by  the  taxpayer  after 
   October 3, 2008 .      . . . .  . . . .   . . .   .       . .    . .   $               × 10% (0.10)                   12t
u  If the electrical capacity of the property is measured in:
   • Megawatts, divide 15 by the megawatt capacity. Enter 1.0 if the capacity is 15 megawatts or less.
   • Horsepower, divide 20,000 by the horsepower. Enter 1.0 if the capacity is  20,000 horsepower or 
   less .        . . . .  . . . .  . . . .   . . .   .       . .    . . .   . . . .   . . .   . . .   .                  12u      .
v  Multiply line 12t by line 12u . . . . .   . . .   .       . .    . . .   . . . .   . . .   . . .   .                  12v
   Qualified small wind energy property (see instructions):
w  Basis of property placed in service during the tax year that was acquired after October 3, 2008, and 
   before January 1, 2009, and the basis attributable to the construction, reconstruction, or erection by
   the taxpayer after October 3, 2008, and before January 1, 2009  .    $                 × 30% (0.30)                   12w
x  Enter the smaller of line 12w or $4,000 . . . .   .       . .    . . .   . . . .   . . .   . . .   .                  12x
y  Basis  of  property  placed  in  service  during  the  tax  year  that  is  attributable  to  periods 
   after         December   31, 2008,    and   the   construction         of    which   began   before 
   2020  .         . . .  . . . .  . . . .   . . .   .       . .    . . $                 × 30% (0.30)                   12y
z  Basis  of  property  placed  in  service  during  the  tax  year  and  the  construction  of  which  began 
   after 2019 and before 2023 .    . . . .   . . .   .       . .    . . $                 × 26% (0.26)                   12z
aa Reserved for future use    . .  . . . .   . . .   .       . .    . . .   . . . .   . . .   . . .   .                  12aa
   Waste energy recovery property (see instructions):
bb Basis of property placed in service during the tax year and the construction of which began after 2020 
   and before 2023        . . . .  . . . .   . . .   .       . .    . . $                 × 26% (0.26)                   12bb
   Geothermal heat pump systems (see instructions):
cc Basis of property placed in service during the tax year that was acquired after October 3, 2008, and 
   the  basis  attributable  to  construction,    reconstruction,    or    erection    by    the    taxpayer    after 
   October 3, 2008        . . . .  . . . .   . . .   .       . .    . . $                 × 10% (0.10)                   12cc
   Qualified investment credit facility property (see instructions):
dd Basis  of  property  the  construction  of  which  began  before  2022  (other  than  wind 
   facility  property  the  construction  of  which  began  after  2016)  placed  in  service  during  the 
   tax year  .       . .  . . . .  . . . .   . . .   .       . .    . . $                 × 30% (0.30)                   12dd
ee Basis  of  wind  facility  property  placed  in  service  during  the  tax  year  and  the  construction  of  which 
   began during 2017 .      . . .  . . . .   . . .   .       . .    . . $                 × 24% (0.24)                   12ee
ff Basis  of  wind  facility  property  placed  in  service  during  the  tax  year  and  the  construction  of  which 
   began during 2018 .      . . .  . . . .   . . .   .       . .    . . $                 × 18% (0.18)                   12ff
gg Basis  of  wind  facility  property  placed  in  service  during  the  tax  year  and  the  construction  of  which 
   began during 2019 .      . . .  . . . .   . . .   .       . .    . . $                 × 12% (0.12)                   12gg
hh Basis  of  wind  facility  property  placed  in  service  during  the  tax  year  and  the  construction  of  which 
   began during 2020 or 2021 .     . . . .   . . .   .       . .    . . $                 × 18% (0.18)                   12hh
13 Enter the applicable unused investment credit from cooperatives (see instructions)   . .   . . .   .                  13
14 Add lines 11e, 11f, 11g, 12a, 12b, 12c, 12g, 12j, 12m, 12s, 12v, 12x, 12y, 12z, 12aa, 12bb, 12cc, 
   12dd, 12ee, 12ff, 12gg, 12hh, and 13. Report this amount on Form 3800, Part III, line 4a . . . .   .                  14
                                                                                                                             Form 3468 (2021)