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IRS GuideWire April 30, 2024

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Issue Number:    N-2024-37

Inside This Issue
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Notice 2024-37 [ [link removed] ] provides safe harbors for the new 40BSAF-GREET 2024 model as a qualifying method to qualify for and calculate the sustainable aviation fuel (SAF) credit. This notice also provides a safe harbor for the use of the United States Department of Agriculture Climate Smart Agriculture Pilot Program to further reduce the lifecycle greenhouse gas emissions reduction percentage calculated using 40BSAF-GREET 2024 for domestic soybean and domestic corn feedstocks. 

Notice 2024-37 will be in IRB:*  *2024-21, dated May 20, 2024.

 

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