Rev. 2023
These instructions explain how to complete Part II of Form 7213 (2023) for the Zero-Emission Nuclear Power Production Credit. This section is only applicable if the facility was placed in service prior to August 16, 2022.
Form 7213 requires taxpayers to report kilowatt hours of electricity produced and sold, gross receipts from electricity sales, amounts received under zero-emission credit programs, and prevailing wage information.
Taxpayers who have rehabilitated a motorsports entertainment complex or own a qualified nuclear power facility must file Form 7213 to claim the corresponding tax credits.
Taxpayers must attach a statement that includes their name and taxpayer identification number, facility description, applicable wage determinations, wages paid and hours worked for each laborer or mechanic classification, and penalty payments owed.
The increased credit amount for a qualified nuclear power facility is five times the credit amount calculated on line 10 of Form 7213. However, taxpayers must comply with prevailing wage requirements to qualify for the increased credit.
Form 7213 must be filed with your timely filed return (including extensions) to claim the credit for a qualified nuclear power facility.
Form 7213, Credit for Rehabilitation of Certain Motorsports Entertainment Complexes and Zero-Emission Nuclear Electric Power Production Credits, is used to claim tax credits related to the rehabilitation of motorsports entertainment complexes and zero-emission nuclear electric power production.
Form 7213 is one of Tax forms that are documents used to report information related to taxes to the relevant tax authority. There are various types of tax forms, including federal, state, and local tax forms, which can vary depending on the taxpayer's circumstances and location.
The easiest way to fill Form 7213 online
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