Updated FAQs were released to the public in Fact Sheet 2023-22PDF, Oct. 6, 2023. The Inflation Reduction Act of 2022 (IRA) makes several changes to the tax credit provided in § 30D of the Internal Revenue Code (Code) for qualified plug-in electric drive motor vehicles, including adding fuel cell vehicles to the § 30D tax credit. The IRA also added a new credit for previously-owned clean vehicles under § 25E of the Code. These FAQs provide detail on how the IRA revises the credit available under § 30D (new clean vehicle credit) for individuals and businesses, and information on the credit available under § 25E (previously-owned clean vehicle credit) for individuals, and the new credit for qualified commercial clean vehicles under § 45W of the Code. Here are links to the frequently asked questions related to the new, previously-owned and qualified commercial clean vehicles credit. Topic A — Eligibility Rules for the New Clean Vehicle Credit Topic B — Income and Price Limitations for the New Clean Vehicle Credit Topic C — When The New Requirements Apply To The New Clean Vehicle Credit Topic D — Eligibility Rules for the Previously-Owned Clean Vehicles Credit Topic E — The Income and Price Limitations Previously-Owned Clean Vehicles Topic F — Claiming The Previously-Owned Clean Vehicles Credit Topic G — Qualified Commercial Clean Vehicles Credit Topic H — Transfer of New Clean Vehicle Credit and Previously-Owned Clean Vehicles Credit Topic I — Registering a Dealer/Seller for Seller Reporting and Clean Vehicle Tax Credit Transfers Topic J — Seller Report Information for Buyers of New and Previously-Owned Clean Vehicle Tax Credits Beginning in 2024 Previous Updates to FAQs Fact Sheet 2023-08PDF, March 31, 2023 Fact Sheet 2023-04PDF, Feb. 3, 2023 Fact Sheet 2022-42PDF, Dec. 29, 2022