<img src=https://nenpower.com/wp-content/uploads/2025/04/image-13851.webp alt=’What happens if I don’t have the time-of-sale report’ />
If a dealer fails to submit the time-of-sale report for a clean vehicle transaction, both dealers and customers face significant issues:
- Dealer reimbursement issues: If the credit was applied at the point of sale, dealers cannot receive IRS reimbursement for the credit amount.
- Customer tax credit denial: Buyers cannot claim the tax credit when filing returns, as the IRS system won’t recognize their VIN without the report.
- Administrative delays: Dealers report prolonged ECO portal registration “pending” statuses and slow IRS responses to secure messages.
Relief measures (as of late 2024): The IRS allowed dealers to submit late reports during a limited window (until December 10, 2024, per November guidance), with later extensions requiring explanations for delays. For cancellations (e.g., vehicles never placed in service), dealers must first submit cancellation requests before resubmitting reports.
If no relief applies, unresolved cases risk permanent loss of credits for buyers and unreimbursed credits for dealers. Customers affected should confirm their dealer submitted the report and contact the IRS if discrepancies persist.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-happens-if-i-dont-have-the-time-of-sale-report/
