Enlarge image | OMB No. 1545-0123 Carbon Oxide Sequestration Credit Form 8933 ▶ Department of the Treasury Attach to your tax return. 2021 Attachment Internal Revenue Service ▶ Go to www.irs.gov/Form8933 for instructions and the latest information. Sequence No. 165 Name(s) shown on return Identifying number Part I Information About You Check the applicable box(es). See instructions before completing this form. 1 Captured qualified carbon oxide during the tax year . . . . . . . . . . . . . . . . . . . . . . . . 2 Physically disposed, used, or utilized captured qualified carbon oxide during the tax year . . . . . . . . . . . 3 Elected to allow another taxpayer to claim the carbon oxide sequestration credit that you would’ve otherwise been entitled to . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Another taxpayer elected to allow you to claim the carbon oxide sequestration credit that they would’ve otherwise been entitled to . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Reserved for future use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Part II Facilities at Which Qualified Carbon Oxide Qualifies for a Credit Under Section 45Q(a)(1) or (2), or for Which an Election Was Made Under Section 45Q(b)(3) 1 Qualified carbon oxide captured using carbon capture equipment originally placed in service at a qualified facility before February 9, 2018, disposed of in secure geological storage, and not used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project, nor utilized as described in section 45Q(f)(5). a Metric tons captured and disposed of and for which you didn’t elect for another taxpayer to claim the carbon oxide sequestration credit. See instructions for attaching Model Certificates CF, DISP-Operator, and DISP-Owner . . . . 1a b Inflation-adjusted credit rate . . . . . . . . . . . . . . . . 1b $24.10 c Multiply line 1a by line 1b . . . . . . . . . . . . . . . . . . . . . . . . . 1c 2 Qualified carbon oxide captured using carbon capture equipment originally placed in service at a qualified facility before February 9, 2018, disposed of in secure geological storage, and used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project. a Metric tons captured and disposed of and for which you didn’t elect for another taxpayer to claim the carbon oxide sequestration credit. See instructions for attaching Model Certificates CF, EOR-Operator, and EOR-Owner . . . . 2a b Inflation-adjusted credit rate . . . . . . . . . . . . . . . . 2b $12.05 c Multiply line 2a by line 2b . . . . . . . . . . . . . . . . . . . . . . . . . 2c 3 Qualified carbon oxide captured using carbon capture equipment originally placed in service at a qualified facility before February 9, 2018, and utilized as described in section 45Q(f)(5). a Metric tons captured and utilized and for which you didn’t elect for another taxpayer to claim the carbon oxide sequestration credit. See instructions for attaching Model Certificates CF and UTZ . . . . . . . . . . . . 3a b Inflation-adjusted credit rate . . . . . . . . . . . . . . . . 3b $12.05 c Multiply line 3a by line 3b . . . . . . . . . . . . . . . . . . . . . . . . . 3c Part III Qualified Facilities Under Section 45Q(a)(3) or (4) for Which No Election Was Made Under Section 45Q(b)(3) 4 Qualified carbon oxide captured using carbon capture equipment originally placed in service at a qualified facility on or after February 9, 2018, during the 12-year period beginning on the date the equipment was originally placed in service, disposed of in secure geological storage, and not used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project, nor utilized as described in section 45Q(f)(5). a Metric tons captured and disposed of and for which you didn’t elect for another taxpayer to claim the carbon oxide sequestration credit. See instructions for attaching Model Certificates CF, DISP-Operator, and DISP-Owner . . . . 4a b Section 45Q(a)(3) applicable dollar amount . . . . . . . . . . . . 4b $34.81 c Multiply line 4a by line 4b . . . . . . . . . . . . . . . . . . . . . . . . . 4c For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 37748H Form 8933 (2021) |
Enlarge image | Form 8933 (2021) Page 2 Part III Qualified Facilities Under Section 45Q(a)(3) or (4) for Which No Election Was Made Under Section 45Q(b)(3) (continued) 5 Qualified carbon oxide captured using carbon capture equipment originally placed in service at a qualified facility on or after February 9, 2018, during the 12-year period beginning on the date the equipment was originally placed in service, disposed of in secure geological storage, and used as a tertiary injectant in a qualified enhanced oil or natural gas recovery project. a Metric tons captured and disposed of and for which you didn’t elect for another taxpayer to claim the carbon oxide sequestration credit. See instructions for attaching Model Certificates CF, EOR-Operator, and EOR-Owner . . . . 5a b Section 45Q(a)(4) applicable dollar amount . . . . . . . . . . . . 5b $22.68 c Multiply line 5a by line 5b . . . . . . . . . . . . . . . . . . . . . . . . . 5c 6 Qualified carbon oxide captured using carbon capture equipment originally placed in service at a qualified facility on or after February 9, 2018, during the 12-year period beginning on the date the equipment was originally placed in service, and utilized as described in section 45Q(f)(5). a Metric tons captured and utilized and for which you didn’t elect for another taxpayer to claim the carbon oxide sequestration credit. See instructions for attaching Model Certificates CF and UTZ . . . . . . . . . . . . 6a b Section 45Q(a)(4) applicable dollar amount . . . . . . . . . . . . 6b $22.68 c Multiply line 6a by line 6b . . . . . . . . . . . . . . . . . . . . . . . . . . 6c Part IV Other Information 7 Check the box if you’re making the election under section 45Q(b)(3) . . . . . . . . . . 8 Check the box if you’re making the election under section 45Q(f)(6) . . . . . . . . . . . 9 Carbon oxide sequestration credit for which another taxpayer elected under section 45Q(f)(3)(B) to allow you to claim. See instructions for attaching Model Certificates ELECT, EOR-Owner, DISP-Owner, and UTZ . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10 Carbon oxide sequestration credit from partnerships and S corporations (see instructions) . . . . 10 11 Add lines 1c, 2c, 3c, 4c, 5c, 6c, 9, and 10. Partnerships and S corporations, report this amount on Schedule K. All others, report this amount on Form 3800, Part III, line 1x . . . . . . . . . . 11 12 Carbon oxide sequestration credit recaptured. See instructions for attaching Model Certificate RECAPTURE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Form 8933 (2021) |