The IRS this week issued a Frequently Asked Questions (FAQ) sheet about the different dates when various clean energy tax credits and deduction for homeowners and businesses will be expiring under the federal One Big Beautiful Bill Act (OBBBA).
The FAQs clarify the availability and expiration dates of the following federal tax credits and deductions:
- The Qualified Commercial Clean Vehicle Credit will not be allowed for any vehicle acquired after Sept. 30, 2025. This credit has provided businesses and tax-exempt organizations with federal tax credits for purchasing new clean vehicles, such as electric and plug-in hybrid models for use in their business operations.
- The Energy-Efficient Commercial Buildings Deduction will not be allowed for any property for which construction begins after June 30, 2026.
- The Alternative Fuel Vehicle Refueling Property Credit, commonly called the 30C credit, will not be allowed for…
