IR-2024-111: IRS revised frequently asked questions for the New, Previously Owned and Qualified Commercial Clean Vehicle Credits

IRS Newswire

April 16, 2024

Issue Number:? ? IR-2024-111

Inside This Issue

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 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 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.

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Issue Number:? ? IR-2024-111

Inside This Issue