IRS video tax tip: Tax Credits for New Clean Vehicles Purchased in 2023 or After

[TaxmanHog]

Here is a video tax tip from the IRS:

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[chl]

Plug-In America is having a webinar in Dec entitled " Demystifying the Federal EV and EV Charging Infrastructure Tax Credits - What Consumers, Businesses & Not-for-profits Need to Know Confirmation" if anyone is interested.

"The IRS recently released guidance on section 30C that covers the federal tax credit for EV charging infrastructure and installation.

What does this mean for you? Who qualifies? What is covered?

Our incredible policy experts will answer these questions on Thursday and provide a refresher on the federal EV tax credit in a free webinar called Demystifying the Federal EV and EV Charging Infrastructure Tax Credits - What Consumers, Businesses & Not-for-profits Need to Know.

This webinar is for:

• Individuals interested in purchasing or leasing an EV or those who want to install or ugrade a home charger
• Businesses that are looking to enhance their property with EV chargers or those with EV fleets
• Tax-exempt entities that are looking to install EV chargers..."

Register at:
https://us06web.zoom.us/webinar/reg...t=327139007&utm_source=hs_email#/registration

 

[chl]

The question many have is what to do if the Dealership did not report the sale and taxpayer ID of the buyer to the IRS. Hopefully the webinar can give some guidance on that.

 

[HomeGuy]

any answers to this? i can not get my dealership to understand they need to file something

 

[RickLightning]

any answers to this? i can not get my dealership to understand they need to file something

If they cannot understand English, do business elsewhere.

• The seller reports required information to you at the time of sale and to the IRS.
  • Sellers are required to report your name and taxpayer identification number to the IRS for you to be eligible to claim the credit.

https://www.irs.gov/credits-deductions/credits-for-new-clean-vehicles-purchased-in-2023-or-after

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