What allocation percentage or amount should I request?

You can request up to 100% of the 179D deduction, but it cannot exceed the total cost of the project. If you are unsure, you can select 100%, and our team will help you determine the appropriate amount.

In-Depth Explanation

When requesting an allocation percentage or amount, it's important to remember that the 179D deduction cannot exceed the total cost of the project. Here are some key points to consider:

  • Maximum Allocation: You can request up to 100% of the 179D deduction, but the deduction amount cannot exceed the project's total cost.
  • Unsure of the Amount: If you are unsure of the exact allocation amount or percentage, you can select 100%. Our team of experts will work with you throughout the study process to determine the appropriate amount or percentage.
  • Sharing the Deduction:
    • The deduction can be shared with other designers, architects, or engineers who worked on the project.
    • The total allocation percentage or amount shared among all parties cannot exceed 100% or the total cost of the project.
  • Expert Guidance: AllocatePro’s team of experts will assist you in accurately calculating and allocating the deduction, ensuring compliance with all regulations and maximizing your benefits.

By selecting 100%, you ensure that you don't miss out on any potential deductions, and our team will help you fine-tune the allocation during the review process.

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