To submit a Time of Sale report for a Clean Vehicle, you will need to provide the following information:
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Vehicle Information:
- VIN (Vehicle Identification Number): Enter the 17-digit VIN without spaces or dashes.
- Eligibility Confirmation: The IRS Energy Credits Online tool provides real-time eligibility confirmation based on the VIN.
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Buyer Information:
- Name: Use the buyer’s legal name as shown on official identification, generally matching Social Security Administration records.
- Identification Number: Select and enter an applicable identification number such as an EIN, ITIN, or SSN without spaces or dashes.
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Seller/Dealer Information:
- Registration Status: Ensure your business is registered on the IRS Energy Credits Online system before submitting reports.
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Transaction Details:
- Date of Sale: Reports must be submitted within 3 calendar days of the sale date, unless you are submitting a corrected report which may take longer.
Remember, if you missed the 3-day window, you can now submit previously unfiled reports through the IRS ECO Tool, beginning December 10, 2024.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-information-do-i-need-to-submit-for-a-time-of-sale-report/
