IRS updates frequently asked questions for the New, Previously-Owned and Qualified Commercial Clean Vehicle Credit IR-2023-251, Dec. 26, 2023 — The Internal Revenue Service today updated frequently asked questions in Fact Sheet 2023-29 to provide guidance related to the critical mineral and battery component requirements. IRS updates frequently asked questions related to wrongful incarceration of a United States service member IR-2023-211, Nov. 13, 2023 — The Internal Revenue Service today issued frequently asked questions (FAQs) on Fact Sheet 2023-26 updating question 9 to reflect that wrongfully incarcerated United States service members cannot exclude certain payments from gross income. IRS issues guidance for the transfer of clean vehicle credits and updates frequently asked questions IR-2023-186, Oct 6, 2023 — The Internal Revenue Service issued proposed regulations, Revenue Procedure 2023-33 and frequently asked questions today for the transfer of new and previously owned clean vehicle credits from the taxpayer to an eligible entity for vehicles placed in service after Dec. 31, 2023. IRS issues a frequently asked question for pass-through entities to report negative amounts electronically to the IRS on Part II of Schedules K-2 and K-3 IR-2023-162, Sept. 5, 2023 — The Internal Revenue Service today issued a frequently asked question in Fact Sheet 2023-20 to provide guidance to pass-through entities for electronically filing Schedules K-2 and K-3 to the IRS to report negative amounts. IRS issues frequently asked questions on compensation payments made by states for forced sterilization IR-2023-81, April 14, 2023 — The Internal Revenue Service today issued frequently asked questions (FAQs) to provide guidance for victims who have received state compensation payments for forced, involuntary, or coerced sterilization, in Fact Sheet FS-2023-11. IRS issues guidance and updates frequently asked questions related to the new clean vehicle critical mineral and battery components IR-2023-64, March 31, 2023 — The IRS today issued proposed regulations related to certain requirements that must be met for critical minerals and battery components for the new clean vehicle credit. IRS revises frequently asked questions about Form 1099-K IR-2023-53, March 22, 2023 — The Internal Revenue Service today revised frequently asked questions (FAQs) for Form 1099-K, Payment Card and Third Party Network Transactions, in Fact Sheet FS-2023-06. IRS issues guidance and updates frequently asked questions related to new, previously owned and qualified commercial clean vehicle credits IR-2023-18, Feb. 3, 2023 — The Internal Revenue Service today issued Notice 2023-16 that modifies the definitions of certain vehicle classifications for the new, previously owned and qualified commercial clean vehicle credits. General overview of taxpayer reliance on guidance published in the Internal Revenue Bulletin and FAQs The purpose of this reliance page is to confirm/explain that FAQs generally cannot be relied upon and describe authority that can be relied upon. News releases and fact sheets for frequently asked questions archive Prior year news releases and fact sheets for frequently asked questions (FAQs) (from 2021).
