Federal housing law
0423 Publ 5724-H (PDF)
Federal housing law as enacted — verbatim and citable.
- Edition
- 2026-10-03
- Last updated
- 2026-10-04
- Jurisdiction
- United States
Official source: IRS Forms, Instructions & Publications (https://www.irs.gov/pub/irs-pdf/p5724h.pdf), retrieved 2026-10-03. U.S. Government work (17 U.S.C. § 105).
Clean Vehicle Reference Chart¶
Eligibility¶
| Commercial Clean Vehicle Credit | |
|---|---|
| Eligible Taxpayers | Businesses and tax-exempt entities |
Maximum Credit Amount |
$7,500 or $40,000 Credit is limited to the lesser of 15% of the vehicle’s cost (30% for vehicles not gasoline or diesel powered)or the incremental cost of the vehicle as compared to vehicles powered with a gasolineor diesel internal combustion engine. |
| Taxpayer’s Income Limits | Not applicable |
Vehicle Requirements¶
| Commercial Clean Vehicle Credit | |
|---|---|
| Manufacturer | The vehicle manufacturer must be aQualifed Manufacturer. |
| Price Limits of Vehicle Purchased |
Not applicable |
| Qualifying Vehicles | Clean vehicles and mobile machinery; larger electric vehicles required to have a battery with 15 kWh of capacity; vehicles must be subject to a depreciation allowance (i.e., for business use) except in the case of vehicles used by tax-exempt entitles. |
| Manufacturing Location Requirements |
Not applicable |
Claiming the Credit¶
| Commercial Clean Vehicle Credit | |
|---|---|
| VIN Reporting Requirements | Taxpayers must report the VIN on their tax return |
| Transferability | Not applicable |
| Expiration of Credit | 12/31/2032 |
Publication 5724-H (4-2023) Catalog Number 93919U Department of the Treasury Internal Revenue Service www.irs.gov