OMB No. 1545-0155

Form 3468 Investment Credit

© Attach to your tax return. See instructions. Attachment

Sequence No. 52

Name(s) shown on return Identifying number

1

c

× 30% (.30)

× 30% (.30)

5

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.

(99)

Name of lessor

$

$

b

$

$

Department of the Treasury

Internal Revenue Service

2

5a

5b

5c

× $1,000 5d

5e

× 30% (.30)

× $3,000

Kilowatt capacity of property in f 

above ©

g

h Enter the lesser of line 5f or 5g

3

4

2008

Part I Information Regarding the Election To Treat the Lessee as the Purchaser of Investment Credit Property

Address of lessor

Description of property

Amount for which you were treated as having acquired the property ©

Energy credit:

a Basis of property using geothermal energy placed in service during

the tax year (see instructions) × 10% (.10)

Basis of property using solar illumination or solar energy placed in service

during the tax year (see instructions) 

Basis of property installed before October 4, 2008

d Kilowatt capacity of property in c 

above ©

Qualified fuel cell property (see instructions):

e Enter the lesser of line 5c or 5d

f Basis of property installed after October 3, 2008 $ 5f

5g

5h

Qualified microturbine property (see instructions):

$ × 10% (.10) 5i

Basis of property installed during the tax

year

i

× $200 5j

Kilowatt capacity of property in i

above ©

j

k Enter the lesser of line 5i or 5j 5k

t Total. Add lines 5a, 5b, 5e, 5h, 5k, 5n, 5p, 5q, 5r, and 5s 5t

Combined heat and power system property (see instructions):

Caution: You cannot claim this credit if the electrical capacity of the property is more than 50

megawatts or 67,000 horsepower.

5l

l

× 10% (.10)

Basis of property installed after October 3, 2008 $

m 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 5m

n Multiply line 5l by 5m 5n

Qualified small wind energy property (see instructions):

o

× 30% (.30)

Basis of property installed after 

October 3, 2008, and before 2009

$ 5o

p Enter the smaller of line 5o or $4,000 5p

Qualified investment credit facility property (see instructions):

s Basis of property installed after 2008 5s $ × 30% (.30)

Energy Credit (For Tax Years Beginning Before October 4, 2008), Qualifying Advanced Coal Project

Credit, Qualifying Gasification Project Credit, and Qualifying Advanced Energy Project Credit

Part II

q Basis of property installed after 2008 $ × 30% (.30) 5q

Geothermal heat pump systems (see instructions):

r Basis of property installed after October 3, 2008 5r $ × 10% (.10)
Form 3468 (2008) Page 2

10j

10m

Form 3468 (2008)

× 15% (.15)

6

Rehabilitation credit from an electing large partnership (Schedule K-1 (Form 1065-B), box 9)

$

b

$

6a

6b

$ Enter the adjusted basis of the building as of the beginning date above 

(or the first day of your holding period, if later)

c

d

e Pre-1936 buildings located in the Gulf Opportunity Zone $ × 13% (.13)

f

g

h

i

10e

10g

10i

6d

a Basis of 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% (.20)

Basis of 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)

Qualifying advanced coal project credit (see instructions):

× 30% (.30)

c

$ 6c

Basis of 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)

d Total. Add lines 6a, 6b, and 6c

× 20% (.20)

7

$

b

$

7a

7b

a Basis of 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 include equipment that

separates and sequesters at least 75% of the project’s carbon dioxide 

emissions × 30% (.30)

Basis of qualified investment in property other than in a above placed 

in service during the tax year

Qualifying gasification project credit (see instructions):

7c c Total. Add lines 7a and 7b

Credit from cooperatives. Enter the unused investment credit from cooperatives

9 Add lines 5t, 6d, 7c, 8a, and 8b. Report this amount on Form 3800, line 1a 9

Energy Credit (For Tax Years Beginning Before October 4, 2008), Qualifying Advanced Coal Project

Credit, Qualifying Gasification Project Credit, and Qualifying Advanced Energy Project Credit (continued)

Part II

Rehabilitation Credit (For Tax Years Beginning in 2008) and Energy Credit (For Tax Years Beginning

After October 3, 2008)

Part III

10 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 date on which the 24- or 60-month measuring period begins

and ends

Enter the amount of the qualified rehabilitation expenditures incurred, or 

treated as incurred, during the period on line 10b above $

Pre-1936 buildings affected by a Midwestern disaster $ × 13% (.13) 10f

Other pre-1936 buildings $ × 10% (.10)

Certified historic structures located in the Gulf Opportunity 

Zone $ × 26% (.26) 10h

Certified historic structures affected by a Midwestern

disaster $ × 26% (.26)

j Other certified historic structures $ × 20% (.20)

For properties identified on lines 10h, 10i, or 10j, complete lines 10k and 10l

k

l

m

Enter the assigned NPS project number or the pass-through entity’s

employer identification number (see instructions)

Enter the date that the NPS approved the Request for Certification

of Completed Work (see instructions)

/ /

/ /

/ /

Enter the amount of qualified rehabilitation expenditures and multiply by the percentage shown:

8a Qualifying advanced energy project credit (see instructions):

8b

8a

8b

Basis of qualified investment in advanced energy project property placed in 

service after February 17, 2009 $ × 30% (.30)
Form 3468 (2008) Page 3

17

Form 3468 (2008)

c

× 30% (.30)

× 30% (.30)

$

b

$

$

11a

11b

11c

× $3,000 11d

11e

$ × 10% (.10) 11f

Basis of property installed during the tax

year

f

× $200 11g

Kilowatt capacity of property in f 

above ©

g

h Enter the lesser of line 11f or 11g 11h

q Total. Add lines 11a, 11b, 11e, 11h, 11k, 11m, 11n, 11o, and 11p 11q

13

15

Energy credit:

a Basis of property using geothermal energy placed in service during the

tax year (see instructions) × 10% (.10)

Basis of property using solar illumination or solar energy placed in service during 

the tax year (see instructions)

Basis of property installed during the tax

year

d Kilowatt capacity of property in c 

above ©

Qualified fuel cell property (see instructions):

e Enter the lesser of line 11c or 11d

Rehabilitation Credit (For Tax Years Beginning in 2008) and Energy Credit (For Tax Years Beginning

After October 3, 2008) (continued)

Part III

11

Qualified microturbine property (see instructions):

Combined heat and power system property (see instructions):

Caution: You cannot claim this credit if the electrical capacity of the property is more than 50

megawatts or 67,000 horsepower.

11i

i

× 10% (.10) $

j If the electrical capacity of the property is measured in:

● Horsepower, divide 20,000 by the

horsepower. Enter 1.0 if the capacity is 

20,000 horsepower or less 11j

11k k Multiply line 11i by 11j

Qualified small wind energy property (see instructions):

11l

m Enter the smaller of line 11l or $4,000 11m

× 30% (.30) $

l

Geothermal heat pump systems (see instructions):

o Basis of property installed during the tax year $ × 10% (.10) 11o

12

13

14

15

16

17

18

Credit from cooperatives. Enter the unused investment credit from cooperatives (see

instructions)

Add lines 10e through 10j, 10m, 11q, and 12

Rehabilitation and energy credits included on line 13 from passive activities

Subtract line 14 from line 13

Add lines 15 through 17. Report this amount on Form 3800, line 29a 18

12

14

16

Basis of property installed during the tax

year

.

Basis of property installed before 2009

● Megawatts, divide 15 by the megawatt

capacity. Enter 1.0 if the capacity is 15

megawatts or less

Rehabilitation and energy credits allowed for 2008 from a passive activity

Carryback of rehabilitation and energy credits from 2009

n Basis of property installed after 2008 $ × 30% (.30) 11n

Qualified investment credit facility property (see instructions):

p Basis of property installed after 2008 $ × 30% (.30) 11p