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EV Tax Credit

I purchased a 2024 Tesla Model 3 Long Range All-Wheel Drive vehicle in March 2024. I did not receive a Clean Vehicle Seller Report as described on the IRS website, and I have so far been unable to obtain such a report retroactively from Tesla, though I have the VIN, delivery date, sales invoice, etc. Do I actually need the Clean Vehicle Seller Report in order to file for the credit? I do not see a requirement to file the report on Form 8936. Also, the credit amount is listed in various IRS publications as either $7500 or $3750, so how do I know how much to claim if I file for the credit?

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1 Reply
AnnetteB6
Employee Tax Expert

EV Tax Credit

The Clean Vehicle Credit rules change every tax year.  So, you need to be extra careful to be certain that you meet the qualifications for the tax credit for buying an electric vehicle.  

 

Your purchase was completed in 2024 and one of the requirements for 2024 is that the seller or dealer must report the clean vehicle credit information to you and to the IRS at the time of the sale.  If you did not receive this information at the time of the sale, you should contact the dealer where you purchased the vehicle to request it.  It is possible that it was not provided to you because the vehicle purchased did not qualify for the credit since there are strict requirements in place.

 

You will not be able to claim the credit unless the dealer did register the vehicle with the IRS at the time of the sale to you.  

 

To learn more, take a look at the following information from the IRS:

 

Credits for new clean vehicles purchased in 2023 or after

 

How to claim a clean vehicle tax credit

 

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