If the dealer hasn’t reported the vehicle’s sale to the IRS, follow these steps to resolve the issue:
- Contact the Dealer:
- Reach out to the dealer and request they submit the time-of-sale report through IRS Energy Credits Online. This report is essential for you to claim the clean vehicle tax credit.
- Understand Legal Requirements:
- Ensure you understand that dealers must submit these reports within three calendar days of the sale. If the sale occurred more than three days ago without reporting, the dealer can still submit a corrected report, but it may take longer to process.
- Verify Dealer Registration:
- Confirm that the dealer is registered with the IRS for seller reporting. This registration is necessary for submitting the required reports.
- Gather Documentation:
- Request a copy of the confirmation from the IRS once the dealer submits the report. This documentation will help you claim the credit.
- File Form 8936:
- Once the dealer has submitted the report and you have your documentation, you can proceed to file Form 8936 with your tax return to claim the credit.
- Follow Up:
- If you encounter any further issues, consider reaching out to the IRS for guidance or assistance in resolving discrepancies.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-steps-should-i-take-if-the-dealer-hasnt-reported-the-vehicles-sale-to-the-irs/
