Notice 2022-38, page 239.

The notice publishes the inflation adjustment factor for the carbon oxide sequestration credit under § 45Q for calendar year 2022. Also, the notice informs taxpayers that pursuant to § 45Q(g), as amended by the IRA, 2022 will be the final calendar year for which a taxpayer may claim a § 45Q credit under § 45Q(a)(1) and (2) for qualified carbon oxide that is captured by carbon capture equipment originally placed in service at a qualified facility before the date of enactment of the Bipartisan Budget Act of 2018.