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IRS Newswire April 16, 2024

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Issue Number:? ? IR-2024-111

Inside This Issue
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*IRS revised frequently asked questions for the New, Previously Owned and Qualified Commercial Clean Vehicle Credits*

WASHINGTON ? The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2024-14 [ [link removed] ] to provide guidance related to the New, Previously Owned and Qualified Commercial Clean Vehicle Credits.

These FAQs supersede earlier FAQs that were posted in Fact Sheet 2023-29 [ [link removed] ]* *on* *Dec. 26, 2023.

The FAQs revisions are as follows:


* Topic A: Eligibility Rules for the New Clean Vehicle Credit: Revised Question 10.
* Topic B: Income and Price Limitations for the New Clean Vehicle Credit: Revised Question 11.
* Topic H: Transfer of New Clean Vehicle Credit and Previously Owned Clean Vehicle Credit: Revised Questions 5 and 15.

More information about reliance is available [ [link removed] ].

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