Did not receive form 15400 from the dealer

[jcrain223]

I purchased a vehicle in 2024 that was eligible for a $3750 EV tax credit and I met the AGI requirements as well. 

I chose to transfer the credit to the dealership at the time of purchase, however, I did not receive a "Clean Vehicle Seller Report."

I have since reached out to the dealership and they failing to supply me with the seller report. I think it is becoming clear that they never submitted the information to the IRS in the first place. 

If that is the case, and it is now too late for them to retroactively submit the information, what should I do for my taxes? 

Should I just clear out that entire section in turboTax and not submit a form 8936 with my return since there was no sale/transfer of the credit reported to the IRS? 

[DianeW777]

It depends. If you met the criteria and you still qualify, you could file the return, then amend later when the dealer gets the reporting complete. If you want you can print and mail the return with Form 8936. If you have documentation showing you transferred the credit you can send that with your tax return. Get as much information from the dealer as possible, including their federal EIN.

• Clean Vehicle Seller and Dealer Requirements

The credit was transferred to the dealer, in which case you will not get a second credit on your tax return. If you are saying you no longer qualify for the credit, then a repayment of the credit would occur. If you do qualify, there would be no change to your tax return, you just don't get it a second time.

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

Vehicles will have to meet all of the same criteria listed above, plus meet new critical mineral and battery component requirements for a credit up to:

• $3,750 if the vehicle meets the critical minerals requirement only
• $3,750 if the vehicle meets the battery components requirement only
• $7,500 if the vehicle meets both

A vehicle that doesn't meet either requirement will not be eligible for a credit.

A Recapture Event:

(i) In general. A recapture event occurs if, within 3 full years from the date a qualified electric vehicle is placed in service, the vehicle ceases to be a qualified electric vehicle. A vehicle ceases to be a qualified electric vehicle if—

(A) The vehicle is modified so that it is no longer primarily powered by electricity;

(B) The vehicle is used in a manner described in section 50(b); or

(C) The taxpayer receiving the credit under section 30 sells or disposes of the vehicle and knows or has reason to know that the vehicle will be used in a manner described in paragraph (b)(2)(i)(A) or (B) of this section. (ii) Exception for disposition. Except as provided in paragraph (b)(2)(i)(C) of this section, a sale or other disposition (including a disposition by reason of an accident or other casualty) of a qualified electric vehicle is not a recapture event.