Deductions & credits

what year was it put into service? for a qualifying vehicle you claim the credit on that year's return form 8936

For vehicles placed in service April 18, 2023 and after:

The sale qualifies only if:

  • You buy the vehicle new
  • 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.

 

other requirements to qualify

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