If the Vehicle Identification Number (VIN) was entered incorrectly when claiming an electric vehicle tax credit, it’s possible that the tax return might be rejected. Here’s what you can do:
- Verify VIN Accuracy: Double-check the VIN against your vehicle’s documents (e.g., registration, dealer paperwork) to ensure accuracy. Remember, a VIN does not include certain letters like “O”, “Q”, or “I”.
- Check with the Dealer: Starting in 2024, dealerships are required to submit VINs to the IRS within 72 hours of sale. If the VIN was not submitted properly, you may not be able to claim the credit digitally. You should contact your dealer to confirm whether they filed your VIN correctly.
- Alternative Filing: If the VIN issue cannot be resolved digitally, you might need to print and mail your tax return to the IRS. However, if the dealer did not file the VIN within the required time frame, it might be challenging to claim the credit at all.
- Other Requirements: Make sure you meet all other eligibility criteria for the EV tax credit, including income limits and vehicle manufacturing requirements.
In summary, while you can try to correct the VIN entry, if the dealer failed to submit it to the IRS on time, claiming the tax credit might be difficult or impossible.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/can-i-still-claim-the-tax-credit-if-the-vin-was-entered-incorrectly/
