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Dealer reporting requirements to IRS on qualified trucks for Federal Tax Credit?

PNWskier

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2022 Lightning Lariat ER, 2020 Chevy Bolt
I'm finalizing a purchase on an untitled 2022 Lariat ER that is under the $80k MSRP threshold for the updated federal tax credit, and wondering if anyone who purchased recently has navigated the IRS' seller reporting requirements with their dealer? I'm familiar with all of the steps I'll need to do to claim the credit on my side, but came across these requirements which the dealer is not familiar with:

From: https://www.irs.gov/credits-deductions/clean-vehicle-credit-seller-or-dealer-requirements
Report Information to Buyers
Provide the following information to buyers at the time of sale:

  • Seller/Dealer name and taxpayer ID number
  • Buyer's name and taxpayer ID number
  • Maximum credit allowable under IRC 30D for new vehicles or IRC 25E for previously owned vehicles
  • Vehicle identification number (VIN), unless the vehicle is not assigned one
  • Battery capacity
  • Date of sale
  • Sale price
  • For new vehicles, verification that the buyer is the original user
Each report must include a declaration of accuracy signed by a representative of your business with binding authority. The declaration must read: "Under penalties of perjury, I declare that I have examined this report submitted to the IRS pursuant to Revenue Procedure 2022-42 by [insert name of Seller], and to the best of my knowledge and belief I certify that this report is true, correct, and complete.”

Report Information to the IRS
Submit the same information to the IRS by January 15 of the year following the purchase. The first reports are due to the IRS by January 15, 2024. Check back for further guidance on how to submit these reports.


The dealer doesn't seem to have any information on the reporting, and the underlined last sentence above makes me think that there is no process or form yet for submitting. Anyone navigated this recently have any insights?!?
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RickLightning

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'22 Lightning ER Lariat,'22 Mach-E Premium 4X
Tell the dealer to do the following:

1) Put VIN into Smart Vincent
2) Go to Step 5, Finalize the Deal. Second paragraph has a link to the form.
 
 







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