What documents do I need to prove my vehicle’s eligibility for the tax credit

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To prove your vehicle’s eligibility for the tax credit, you will need the following documents and information:

  1. Time-of-Sale Report: The seller must provide you with a time-of-sale report along with the IRS confirmation that they submitted the report through IRS ECO. This document includes:
    • Proof of purchase eligibility for the credit.
    • The amount of credit available for the specific Vehicle Identification Number (VIN).
    • Confirmation that the credit was transferred to the dealer (if applicable).
  2. Confirmation of Vehicle Information: Ensure the report includes:
    • Name and taxpayer identification number (TIN) of the seller.
    • Your name and TIN.
    • Date of sale and sales price.
    • Verification of the maximum tax credit the vehicle is eligible for.
    • The VIN.
    • The vehicle’s battery capacity.
    • Verification that you are the original user of the vehicle.
    • A statement of declaration from the seller under penalty of perjury.
  3. Form 8936: You must file Form 8936 with your tax return for the year you acquired the vehicle. This form is used to figure your credit for clean vehicles.
  4. Proof of Income Eligibility: Ensure you meet the Modified Adjusted Gross Income (MAGI) requirements for the tax credit. This is particularly relevant if you elect to transfer the credit to the dealer for a discount.
  5. Personal Use Declaration: Confirm that the vehicle will be primarily for personal use if claiming the credit.

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