When Are Clean Vehicle Credit Reports Due? | EV Credit FAQs

As of January 12, 2024, when is form 15400 due?

The deadline for submitting required information to the IRS for vehicles placed in service in 2023 has been extended to January 31, 2024.

For vehicles sold between Jan 1, 2024 – Jan 16, 2024, the deadline is January 19, 2024.

How do I submit my EV credit information to the IRS?

Reports can be emailed in an Excel spreadsheet or through individual Form 15400 submissions to IRS.Clean.Vehicles.Seller.Reporting@IRS.gov.

Ensure the email does not include sensitive information in the subject line or body. For security, encrypt and password-protect any documents using common formats like Microsoft Word, Excel, Adobe Acrobat (PDF), or image formats. Choose a strong password, send a follow-up email with the password, and avoid changing the subject line. For more detailed direction, click here.

What are the guidelines for 2024 Seller Reports and the recent extension?

Seller reports for new or used qualified clean vehicles in 2024 should be provided to customers at the time of sale and submitted to the IRS within three days. Due to technical glitches, the deadline for sales between January 1 and 16 has been extended to January 19.

What are the reporting requirements for sellers of new clean vehicles and dealers of used clean vehicles?

To be eligible for credits under IRC 30D and 25E, sellers must provide reports to buyers and the IRS at the time of sale. This applies to manufacturers selling directly to customers and dealers licensed by states, the District of Columbia, Indian tribal governments, or Alaska Native Corporations.

What information must be included in the EV credit reports for eligible vehicles?

Reports must include details such as VINs, battery capacity, sale price, and other specified information to qualify for credits under IRC 30D and 25E.

Can you get an EV credit for hybrid vehicles?

No, EV credits are only awarded to electric vehicle sales. Hybrid vehicles are excluded from this IRS credit.

What is the deadline for submitting EV credit reports for vehicles placed in service on or after January 1, 2024?

Reports for these vehicles must be submitted through IRS Energy Credits Online within 3 calendar days of the sale, with a copy provided to the buyer.

What should dealerships do if they didn’t provide the 2023 seller report to customers at the time of sale?

Dealerships should promptly provide the seller’s report to customers, documenting any communication. This can include mailing Form 15400 via certified mail to the customer’s known address.

What additional support has the IRS provided for 2024 EV Seller Reports?

The IRS has opened additional office hours for assistance with seller reports. Dealers can register for these sessions for guidance on the submission process.

How can dealers address problems or questions about the registration process?

Any problems or questions about the registration process should be directed to the IRS via the help desk email at IRS.Clean.Vehicles.Dealer.Info@IRS.gov. For guidance that is specialized to your specific dealership, reach out to Brady Ware’s Dealership Advisors.