(confusing) Was there a change whereby a used otherwise qualifying vehicle vintage 2022 could qualify for $4k?
https://www.irs.gov/credits-deductions/ ... cle-credit
Added and amended Pub. L. 117-169, title I, §13402(a), (b), Aug. 16, 2022, 136 Stat. 1962, 1963.
Amendment of Section Pub. L. 117-169, title I, §13402(b), (e) (2), Aug. 16, 2022, 136 Stat. 1963, 1964, provided that, applicable to vehicles acquired after Dec. 31, 2023, this section is amended by redesignating subsection (f) as subsection (g) and adding the following new subsection (f):
(f) Transfer of creditRules similar to the rules of section 30D(g) shall apply.See 2022 Amendment note below.
EDITORIAL NOTES
AMENDMENTS2022-Subsecs. (f), (g). Pub. L. 117-169, §13402(b), added subsec. (f) and redesignated former subsec. (f) as (g).
STATUTORY NOTES AND RELATED SUBSIDIARIES
EFFECTIVE DATE Pub. L. 117-169, title I, §13402(e), Aug. 16, 2022, 136 Stat. 1964, provided that:"(1) IN GENERAL.-Except as provided in paragraph (2), the amendments made by this section [enacting this section and amending this section and section 6213 of this title] shall apply to vehicles acquired after December 31, 2022."(2) TRANSFER OF CREDIT.-The amendments made by subsection (b) [amending this section] shall apply to vehicles acquired after December 31, 2023."
joint return
The term "joint return" means a single return made jointly under section 6013 by a husband and wife.
person
The term "person" shall be construed to mean and include an individual, a trust, estate, partnership, association, company or corporation.
taxable year
The term "taxable year" means the calendar year, or the fiscal year ending during such calendar year, upon the basis of which the taxable income is computed under subtitle A. "Taxable year" means, in the case of a return made for a fractional part of a year under the provisions of subtitle A or under regulations prescribed by the Secretary, the period for which such return is made.
taxpayer
The term "taxpayer" means any person subject to any internal revenue tax.
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