Q1. Can I come back into IRS Energy Credits Online tool and complete my registration for the advance payment program at another time? (added November 1, 2023) A. Yes. A dealer who is registered to submit time of sale reports will have the ability to continue their registration to be able to participate in the advance payment program at any time. They can do so by clicking on their "Time of Sale Report Registration" within their account. Q2. Is dealer registration separate for previously-owned and new vehicle sales? (added November 1, 2023) A. No. Registered dealers may submit time of sale reports for both new and previously-owned vehicle sales. Please note, only dealers licensed by a state, the District of Columbia, an Indian tribal government, or any Alaska Native Corporation may submit time of sale reports for previously-owned vehicles. Q3. How will the dealer be informed of a registration status update? (added November 1, 2023) A. Registration status updates will be displayed within the Dealer Clean Energy Account. Q4. What information is required for dealer registration? (added November 1, 2023) A. Dealers should be prepared to create a Clean Energy Business Account using general business information (e.g., business EIN, address, phone number, email, etc.) and authorize an individual representative of the dealer to access dealer registration. The entity name needs to match the name shown on the most recent IRS notice or IRS records. Dealers registering for advance payments will have to provide additional information on their state license and bank account. Once your advanced payment registration is approved by the IRS, you will not be able to change your bank account information. Q5. Does a dealer need to be licensed by a state or other jurisdiction to register? (added November 1, 2023) A. To submit time of sale reports for IRC section 25E and/or register to receive advance payments, a dealer must be licensed by a state, District of Columbia, Indian tribal government, or Alaska Native Corporation. Non-licensed dealers (sellers) may register to submit time of sale reports. A seller that is not licensed by a state may register to submit seller reports for IRC section 30D. Q6. Why is my dealer registration pending review? (added November 1, 2023) A. A dealer registration may be pending review because of a failed systematic validation of information provided to the IRS. Q7. If my registration fails initially, will I have another opportunity to register? (added November 1, 2023) A. Yes. A dealer may attempt registration again. Q8. How do I edit information within my dealer registration? (added March 15, 2024) A. Contact information (such as phone number or email address) may be edited at any time on the dealer registration page. To edit any other information, such as bank account number or dealer state license number, a user must re-register with new information. Please note that it may take 15 days or longer for any re-registration to process. Q9. If I run into difficulty at any point in the registration process, who should I contact? (added November 1, 2023) A. Please contact irs.clean.vehicles.dealer.info@irs.gov with questions. Q10. What address do I enter? (added November 1, 2023) A. The taxpayer address you enter in your online account must match our records. Check the dealer's online account or a recent notice from the IRS to confirm the name and address we have on file. The address must be in a U.S. state or the District of Columbia. Use approved abbreviations, such as "St" for street and "Ave" for avenue. If the taxpayer's address has changed, ask them to notify us. Q11. What defines the term of "business"? (added November 1, 2023) A. An organization or entity legally entitled to conduct trade or commerce in any given industry that creates an IRS Energy Credits Online account. Q12. Many dealers have multiple locations. Does each location need to register? How do I know which of my entities should register? (updated December 20, 2023) A. To register as a dealer or seller, your business must have an EIN. If you have multiple dealerships filed on a partnership of S corporation return, you should complete registration for the EIN that files a federal income tax return. If you have multiple dealerships on a consolidated return, then each subsidiary dealership should complete registration using each subsidiary dealership EIN. On a consolidated return, each subsidiary is recognized as an individual federal income tax return combining into the one consolidated return. One individual can complete dealer/seller registration for multiple entities if they are authorized to do so for each entity. Q13. Dealers/sellers must provide information about 2023 sales to the IRS by January 15, 2024. Should dealers/sellers submit time-of-sale reports for 2023 sales through IRS Energy Credits Online? (updated February 7, 2024) A. No. Revenue Procedure 2022-42, Section 6.03 provides that sellers must file reports within fifteen days after the end of the calendar year (i.e., January 15, 2024). The IRS has extended the due date sellers have to provide these reports until February 15, 2024. As a result, for vehicles placed in service in calendar year 2023, you must submit required information about a qualifying clean vehicle sale to the IRS by February 15, 2024. 2023 seller reports can be faxed to 855-755-7437. You may submit 2023 reports in any format you choose, so long as the format contains all information required to be reported on Form 15400. If the information you submit is missing information, it will not be rejected, but you will be contacted by an individual assigned to manually review 2023 seller reports to obtain any missing information. For additional information, please see Clean vehicle credit seller or dealer requirements. Q14. Why am I getting a submission error when I attempt to create my clean energy business account? (added December 6, 2023) A. Entity names with special symbols, such as "&" and "-", are getting submission errors. The IRS is working on resolving this issue. Please email us at irs.clean.vehicles.dealer.info@irs.gov if you have additional questions while we are addressing the issue. Dealers are also strongly encouraged to sign-up to receive updates from IRS e-News subscriptions. Select "e-news for business" and sign-up for e-news for clean vehicle industry. Q15. Our account is under "manual review," saying that our bank account information could not be validated. Should we be concerned at this time? (added December 20, 2023) A. There is no reason to be concerned. This only means that the computer could not validate the information automatically. This could occur in various situations, for example, when multiple entities are sharing the same bank account, or when the primary name on the account does not match the name of the registering entity. The account will be assigned to an individual for review, and the individual assigned will reach out if additional information is required to validate the bank account information. Q16. We have two dealerships that use the same Employer Identification Number (EIN) but have two different dealer ID numbers from the same state, and the system will not allow registration of both dealers because they have the same EIN. How should we proceed? (added December 20, 2023) A. To register as a dealer or seller, your business must have an EIN. If you have multiple dealerships that filed an income tax return on a partnership or S corporation return, then you should complete registration for the primary EIN listed on the federal income tax return. If you have multiple dealerships on a consolidated return, then each subsidiary dealership should complete registration using each subsidiary dealership EIN. On a consolidated return, each subsidiary is recognized as an individual federal income tax return combined into one consolidated return. One individual can complete dealer/seller registration for multiple entities if they are authorized to do so for each entity. Q17. The deadline to submit time of sale reports generated in 2023 is 1/15/2024. How are the time of sale reports generated in 2023 submitted to the IRS, via mail or via IRS Energy Credits Online (ECO)? (updated February 7, 2024) A. Revenue Procedure 2022-42, Section 6.03 provides that sellers must file reports within fifteen days after the end of the calendar year (i.e., January 15, 2024). The IRS has extended the due date sellers have to provide these reports until February 15, 2024. As a result, for vehicles placed in service in calendar year 2023, you must submit required information about a qualifying clean vehicle sale to the IRS by February 15, 2024. 2023 seller reports can be faxed to 855-755-7437. You may submit 2023 reports in any format you choose, so long as the format contains all information required to be reported on Form 15400. If the information you submit is missing information, it will not be rejected, but you will be contacted by an individual assigned to manually review 2023 seller reports to obtain any missing information. For additional information, please see Clean vehicle credit seller or dealer requirements. Q18. What do we do with the time of sale reports that we have from 2023? (updated February 7 , 2024) A. Revenue Procedure 2022-42, Section 6.03 provides that sellers must file reports within fifteen days after the end of the calendar year (i.e., January 15, 2024). The IRS has extended the due date sellers have to provide these reports until February 15, 2024. As a result, for vehicles placed in service in calendar year 2023, you must submit required information about a qualifying clean vehicle sale to the IRS by February 15, 2024. 2023 seller reports can be faxed to 855-755-7437. You may submit 2023 reports in any format you choose, so long as the format contains all information required to be reported on Form 15400. If the information you submit is missing information, it will not be rejected, but you will be contacted by an individual assigned to manually review 2023 seller reports to obtain any missing information. For additional information, please see Clean vehicle credit seller or dealer requirements. Q19. How do dealers submit the time of sale reports compiled for sales occurring in 2023? (updated February 7, 2024) A. Revenue Procedure 2022-42, Section 6.03 provides that sellers must file reports within fifteen days after the end of the calendar year (i.e., January 15, 2024). The IRS has extended the due date sellers have to provide these reports until February 15, 2024. As a result, for vehicles placed in service in calendar year 2023, you must submit required information about a qualifying clean vehicle sale to the IRS by February 15, 2024. 2023 seller reports can be faxed to 855-755-7437. You may submit 2023 reports in any format you choose, so long as the format contains all information required to be reported on Form 15400. If the information you submit is missing information, it will not be rejected, but you will be contacted by an individual assigned to manually review 2023 seller reports to obtain any missing information. For additional information, please see Clean vehicle credit seller or dealer requirements. Q20. Will the IRS be providing the standard disclosure forms and attestations from the buyer that dealers are required to provide buyers? (updated January 26, 2024) A. Currently there isn't a form or template for disclosures or attestations from the buyer. The attestation is done through the portal, by checking the box and e-Signature. Q21. I registered our dealership and received a message that we are now eligible to do time of sale reporting and the registration for advance payments was under review. When I log into the site, I am still viewing the "Get Started" page. Where do I go to do the actual time of sale reporting? (added December 20, 2023) A. Time of sale reporting will not be available in the system until January 1, 2024, as time of sale reports prior to January 1, 2024, cannot be completed on IRS ECO. Dealers can sign up to receive updates via an IRS e-News subscription. Select "e-news for business" and sign up for e-news for clean vehicle industry. Q22. If the dealer doesn't have to verify the purchaser's modified adjusted gross income limitations, will the dealer be required to return the value of the credit to the IRS? (added December 20, 2023) A. No. If the purchaser is ineligible for the credit due to income limitations, dealers will not be required to return the value of the advanced payment to the IRS. Dealerships are not required to verify a purchaser's modified adjusted gross income for a credit transfer or advance payment and are not required to repay the advance payment if the purchaser exceeds the modified adjusted gross income limits. Dealers are required to disclose information about the applicable modified adjusted gross income limitations to the purchaser, who must attest that he or she expects to meet the modified adjusted gross income limitations and qualify for the credit. The buyer is responsible to claim the credit when they file their income tax return using Form 8936, Qualified Plug-In Electric Drive Motor Vehicle Credit. However, if the taxpayer made an election to transfer the clean vehicle credit, but the vehicle was returned before the time of sale report can be cancelled and after the dealer has received payment from the IRS, any advance payment made pursuant to the clean vehicle transfer rules will be recaptured from the eligible entity (i.e., dealership) as an excessive payment. Q23. What is the definition of a vehicle report? Is that the same as an internal government report or commercial source (i.e., CarFax)? (added December 20, 2023) A. Vehicle reports are maintained by the Federal Government and house Vehicle Identification Numbers (VINs) eligible for the Clean Vehicle Credit. Qualified manufacturers will submit periodic reports reporting VINs of vehicles the qualified manufacturer believes are eligible for the clean vehicle credit. The periodic reports will also include battery capacity and attestations, and other elements based on the Code under which the qualified manufacturer believes the credit applies. The IRS reviews and either accepts or rejects the VINs submitted by the qualified manufacturers. Approved VINs are added to clean energy database through a manual process completed by the IRS for VIN matching at the time of sale. Similarly, when a time of sale report is submitted by a registered dealer, the clean energy database is updated to reflect that the eligible VIN has been placed in service and a credit claimed. Q24. I registered my dealership today and the site was our corporate IRS login. Our sales managers will be submitting the documentation online. Will they segment the login away from the general corporate tax account? (updated January 16, 2024) A. When you registered the dealership with the IRS Energy Credits Online Portal, you designated yourself as the primary user, or superuser. As the primary user, you will be able designate additional authorized employees who can also create IRS Energy Credits Online Portal accounts with access to the IRS ECO on the dealership's behalf. The primary user will indicate what roles each individual can be assigned, user, or additional primary user. There is no limit to the number of accounts that can be associated with a dealership. Additional authorized employees can be added by the primary user beginning in December 2023. Additionally, when you registered the dealership, you created a clean energy business account. Through the clean energy business account, no user will have access to the corporate federal income tax filing information, employment tax filing information, etc. All users should create an account through the dealer registration link on IRS Energy Credits Online. Q25. Is the dealer required to give their EIN only to the IRS or to the buyer as well? (updated January 30, 2024) A. The dealer will provide the purchaser with the validated time of sale report which is to be used by the purchaser at the time of filing of their income tax return. The time of sale report to be provided to the purchaser is a PDF download generated in the Energy Credits Online account. The purchaser will use the time of sale report to file Form 8936, Schedule A, when filing their federal income tax return. The time of sale report will contain your dealer/seller name, EIN and address. This is the only dealer/seller identifying information that the purchaser will require. Q26. Does the manufacturers "Destination and Delivery charge" located on the manufacturer's window sticker influence the manufacturer's suggested retail price (MSRP) amount qualifier? (added December 20, 2023) A. No. The MSRP is the base retail price suggested by the manufacturer, plus the retail price suggested by the manufacturer for each accessory or item of optional equipment physically attached to the vehicle at the time of delivery to the dealer. It does not include destination charges, the cost of optional items added by the dealer, or taxes and fees. In addition, manufacturer/dealer incentives and trade-ins do not affect MSRP. Q27. Can the dealer be required to return to the IRS the $7,500 credit at a later date? (added December 20, 2023) A. Possibly, if the taxpayer made an election to transfer the clean vehicle credit, for a sale in which the vehicle was returned before the time of sale report can be cancelled and after the dealer has received payment, any advance payment made pursuant to the clean vehicle transfer rules will be recaptured from the eligible entity (i.e., dealer) as an excessive payment. Conversely, in regard to a taxpayer being found ineligible to claim the credit, no. It is the taxpayer's responsibility to verify that they qualify to claim and receive the clean vehicle credit and that their Modified Adjusted Gross Income (Modified AGI), from either the current tax year or the tax year immediately preceding purchase, does not exceed statutory thresholds. However, the registered dealer is required to disclose MAGI requirements to the purchaser. Additionally, when the registered dealer submits the time of sale report, the vehicle will be validated as being eligible for the credit before any amount is paid to the registered dealer, eliminating any potential for overpayment to the registered dealer which would require collection in this scenario. Q28. Where can we find the website to register? (updated January 16,2024) A. You can register at IRS Energy Credits Online. The IRS uses ID.me, a technology provider, to provide identity verification and sign-in services. If you have an ID.me account, sign in using your existing account. If you do not have an account you can create an account through the dealer registration link on IRS Energy Credits Online. Q29. What do you do if the car deal falls through after you have already submitted for the credit? (updated March 21, 2024) A. The time of sale report can be cancelled within 48 hours of submission via a checkbox on IRS Energy Credits Online. After 48 hours, the advance payment of the credit will be paid to the registered dealer and the registered dealer is unable to void the 2024 time of sale report. Additional instructions on reporting the return of a vehicle outside of the 48-hour void period are forthcoming. The registered dealer will be required to repay in full any advance payments received. We recommend signing up to receive updates via an IRS e-News subscription. Select e-News for Businesses to sign up for e-News for Clean Vehicle Industry – one story for future announcements for dealers and sellers. Q30. Will lease customers be able to use the IRS Energy Credits? (updated April 12, 2024) A. Leased vehicles can qualify for the commercial clean vehicle credit under IRC 45W. The credit must be claimed by the leasing company (financial institution) on their Federal Income Tax return. There is no option to transfer the credit. The lessee is not the owner and is not eligible to claim the credit. Additional information can be found in Topic G — Frequently asked questions about Qualified Commercial Clean Vehicle Credit. Q31. Who at the dealership should register the dealership with the ID.me account? Do additional employees that report sales need to have a separate ID.me account of just the primary user? (updated January 16, 2024) A. One authorized individual should register the dealership with an account as the primary user, or superuser. However, the primary user can designate additional authorized employees who can also create accounts with access to IRS Energy Credits Online on dealership's behalf. The primary user will indicate what roles each individual can be assigned, user or additional primary user. There is no limit to the number of accounts that can be associated with a dealership. Additional authorized employees can be added by the primary user beginning in December 2023. Each employee should have a separate account. The IRS uses ID.me, a technology provider, for identity verification and sign-in services. ID.me does not communicate, in any way, the individual's account information, such as username, password, or filing information, back to the dealership. Each user should create an ID.me account through the dealer registration link on IRS Energy Credits Online. Q32. Assuming the customer leased the vehicle and the original equipment manufacturer received the credit of the buyer was not eligible. With that, could the customer who wants to buy their lease as a previously-owned vehicle, qualify now under 25E? (added December 20, 2023) A. To be eligible for a previously-owned clean vehicle tax credit the vehicle and buyer must meet the qualifications for buying a previously-owned vehicle. For further details see Used Clean Vehicle Credit. Q33.Can a dealer with multiple dealerships register under one account? (added December 20, 2023) A. This depends on how the stores are treated for tax purposes. To register as a dealer or seller, your business must have an EIN with a federal income tax filing requirement. If you have multiple dealerships that are filed on a single partnership or S corporation return, then you should complete registration for only the EIN under which the federal income tax return is filed. If you have multiple dealerships on a consolidated return, then each subsidiary dealership should complete registration using their unique subsidiary dealership EIN. On a consolidated return, each subsidiary is recognized as a unique federal income tax return which has been combined into a single, consolidated return. One individual can complete dealer/seller registration for multiple entities if they are authorized to do so for each entity. Q34. Can one person register multiple dealerships? (added December 20, 2023) A. One person can register multiple dealerships so long as they are authorized to do so. However, as noted above, each EIN with a federal income tax filing requirement must be registered separately and multiple dealerships cannot be combined on a single registration unless a consolidated return is filed. Q35. If there are multiple dealerships that are classified as non-filing disregarded single member LLC entities underneath a consolidated tax return, can each one register to receive credits or does the filing entity have to register on behalf of all dealerships? (added December 20, 2023) A. To register as a dealer or seller, your business must have an EIN. If you have multiple EINs for your dealerships, you should complete registration for each EIN that files a tax return. If you have multiple dealerships filed on a partnership or S corporation return, then you should complete registration for the EIN that files a federal income tax return. If you have multiple dealerships on a consolidated return, then each subsidiary dealership should complete registration using each subsidiary dealership EIN. On a consolidated return, each subsidiary is recognized as an individual federal income tax return combining into the one consolidated return. One individual can complete dealer/seller registration for multiple entities if they are authorized to do so for each entity. Q36. If a deal falls through but VIN number was already submitted, would the same VIN number be eligible again when we sell the vehicle again? (added December 20, 2023) A. In the event the seller wishes to update or rescind certain information on a seller report for a scrivener's error or cancellation of sale, it must do so through IRS Energy Credits Online as promptly as possible after the original submission occurred, either through an update of the original seller report (if within 48 hours of the original submission of the report) or through submission of a new seller report correcting the prior information. In the event of a return by the buyer, the seller must file a new seller report noting the return. The IRS will acknowledge submission of the report of the return. The seller must notify the buyer within 3 calendar days of updating or rescinding the seller report and provide the buyer a copy. The seller must also notify the buyer within 3 calendar days of the IRS's rejection of the updated or rescinded report. See Rev. Proc. 2023-33, section 7.03(4), Updating and Rescinding of Seller Reports. If a sale is cancelled before the taxpayer places the vehicle in service (that is, before the taxpayer takes possession of the vehicle), the vehicle will still be eligible for a clean vehicle credit upon a subsequent qualifying sale to another taxpayer. In that case, the credit would not yet have been transferred. In the case of return made within 30 days of placing the vehicle in service, such vehicle, once returned, was already placed in service by a taxpayer, and a new clean vehicle tax credit is not available to a subsequent buyer. In the case of a return of a previously-owned clean vehicle, the vehicle, once returned, is not eligible for a credit upon a subsequent sale if the vehicle history reflects that such subsequent sale is not a qualified sale. However, if the vehicle history does not reflect the prior sale and return, the vehicle remains eligible. Q37. I am the CFO for multiple dealerships. Can I register for each of the dealership entities within our group? (added December 20, 2023) A. One individual can complete dealer/seller registration for multiple entities if they are authorized to do so for each entity. An individual representative of the dealer or seller who is currently authorized to legally bind the dealer or seller in these matters can complete the initial registration through IRS Energy Credits Online. To register as a dealer or seller, your business must have an EIN. If you have multiple EINs for your dealerships, you should complete registration for each EIN that files a tax return. Q38. We have multiple franchises under one EIN, will we have to input all dealerships under that EIN? (added December 20, 2023) A. If there is one EIN for both dealerships then they can be added under one registration. In the event that there are 2 separate EINs then it will be two different registrations. Q39. We have two dealerships to register. One was successful, the second received a "Business Activity Code Error - Pending Review". What does this mean? (added December 20, 2023) A. In order to register, the dealership must have a valid EIN and an NAICS code. The NAICS code, or Business Activity Code, must be within certain parameters. If the NAICS code input is outside of these parameters, the registration will be assigned to an individual for manual review. The individual assigned will reach out if additional information is required to clarify or confirm the NAICS code that was input. Q40. Are there any concerns with having the personal ID.me account linked to the business' clean energy account, such as if the employee were to leave the company? (updated January 16, 2024) A. The IRS uses ID.me, a technology provider, for identity verification and sign-in services. They will validate the identity of the individual who is logging in and not the dealership. ID.me does not communicate the individual's account information back to the dealership. When the Dealer Registration is completed, this should be done by a primary user. Additional primary or secondary users can be added by the primary user beginning in December 2023. Any primary user can both assign and disable additional accounts associated with the dealer as necessary. Each user should create an account through the dealer registration link on IRS Energy Credits Online. Q41. Will additional users need ID.me account? (updated January 16, 2024) A. Yes. The IRS uses ID.me, a technology provider, for identity verification and sign-in services. Each additional user should create an account through the dealer registration link on IRS Energy Credits Online. Q42. How does this work with dealers that file their federal income tax return as part of a consolidated group? (added December 20, 2023) A. To register as a dealer or seller, your business must have an EIN with a federal income tax filing requirement. If you have multiple dealerships that are filed on a single partnership or S corporation return, then you should complete registration for only the EIN under which the federal income tax return is filed. If you have multiple dealerships on a consolidated return, then each subsidiary dealership should complete registration using their unique subsidiary dealership EIN. On a consolidated return, each subsidiary is recognized as a unique federal income tax return which has been combined into a single, consolidated return. One individual can complete dealer/seller registration for multiple entities if they are authorized to do so for each entity. Q43. What is the deadline for submitting time of sale report after a sale of a vehicle? (added December 20, 2023) A. For vehicle sales occurring in calendar year 2023, sellers must file reports within 15 days after the end of the calendar year, via a method to be provided by the IRS or through IRS Energy Credits Online. For vehicle sales occurring in calendar year 2024 and later, sellers must file reports within 3 days of the time of sale, through IRS Energy Credits Online. For further details see Rev. Proc. 2022-42 and Rev. Proc. 2023-33. Q44. For New Jersey, the state requires the submission of rebate claim within 14 days of sale. Will there be a similar requirement for these clean vehicle credits? (added December 20, 2023) For vehicle sales occurring in calendar year 2023, time of sale reports are due January 15, 2024. Instructions will be forthcoming. Dealers can sign up to receive updates via an IRS e-News subscription. Select "e-news for business" and sign up for e-news for clean vehicle industry. For vehicle sales occurring in calendar year 2024 and later, sellers must file reports within 3 days of the time of sale, through IRS Energy Credits Online. For further details see Rev. Proc. 2022-42 and Rev. Proc. 2023-33. The purchaser is responsible for filing Form 8936, or other required forms, to claim the tax credit with their annual federal income tax return filing, regardless of whether the election to transfer the credit to the dealership was made. Q45. Can the entity registering on IRS ECO be a disregarded entity for Federal tax purposes. We would like to be able to register disregarded single member LLCs as they are the dealer and operationally this is more efficient. Further, the regarded corporate holding company is not a dealer. (updated January 16, 2024) A. To register as a dealer or seller, your business must have an EIN with a federal income tax filing requirement. Because there is no federal income tax filing requirement associated with a disregarded single member LLC, the dealer registration should be submitted under the corporate holding company. However, an individual, or individuals, representing the disregarded single member LLC can create separate accounts to submit time of sale reports under the corporate holding company. Each user should create an account through the dealer registration link on IRS Energy Credits Online. Q46. Will there be a process to correct a reported sale and/or report a rescinded sale? (added December 20, 2023) A. In the event the seller wishes to update or rescind certain information on a seller report for a scrivener's error or cancellation of sale, it must do so through IRS Energy Credits Online as promptly as possible after the original submission occurred, either through an update of the original seller report (if within 48 hours of the original submission of the report) or through submission of a new seller report correcting the prior information. In the event of a return by the buyer, the seller must file a new seller report noting the return. The IRS will acknowledge submission of the report of the return. The seller must notify the buyer within 3 calendar days of updating or rescinding the seller report and provide the buyer a copy. The seller must also notify the buyer within 3 calendar days of the IRS's rejection of the updated or rescinded report. Q47. How can additional users get access to the entity's IRS Energy Online account? (updated January 16, 2024) A. Users are not "added." Rather, users request and receive access. Each additional user will need their own account. If they do not already have an account, they will need to create one. The user will register and request access to the entity's IRS Energy Online account at CV register. All users should create an account through the dealer registration link on IRS Energy Credits Online. Once request is submitted, user should notify the "super user" or "Clean Energy Officer" to approve the request by visiting the "manage business users" tab of the entity's account. See Publication 5902, Clean Energy Authorization Permission Management User GuidePDF for more information. Q48. I operate a sole proprietorship. How can I register as a dealer? (added March 15, 2024) A. First, if not already done, you will need to establish an Employer Identification Number (EIN). Please allow ten to fourteen days after your new EIN is established to attempt dealer registration. Then, you may proceed to create a Clean Energy account through your Business Online Account (BOLA). Login to or create a personal ID.me account. Click on “start authorization” below “Clean Energy and Manufacturing Credits”. Follow prompts to create your account. Please refer to Publication 5867, Clean Vehicle Dealer and Seller Energy Credits Online Registration User Guide for step-by-step instructions, beginning on page five. Q49. As a dealer, am I required to participate in the Clean Vehicle Program? (updated April 26, 2024) A. No, participation in the Clean Vehicle Program is voluntary. However, beginning in 2024, only sales reported through the Energy Credits Online (ECO) tool are qualified sales for purposes of claiming the Clean Vehicle Credit. A buyer cannot claim the credit on a clean vehicle that has not been reported through ECO. Additionally, in order for the buyer to elect to transfer the clean vehicle credit to the dealership, the dealership must be successfully registered through the ECO portal for the advance payment program. Q50. I indicated that the buyer was not electing to transfer the credit at the time I submitted the seller report. Can I revise a seller report to change the buyer election to transfer the credit to the dealership? (updated April 12, 2024) A. No. The election to transfer the credit must be made by the buyer prior to or on the day of sale. The transfer election is final. See also Frequently asked questions about the New, Previously-Owned and Qualified Commercial Clean Vehicles Credit: Topic H, Question 13. Q51. If I was not approved to receive advance payments at the time I submitted a Clean Vehicle seller report, can I revise that seller report later to indicate the buyer elected to transfer the credit? (updated April 12, 2024) A. No. Buyers can only elect to transfer the clean vehicle credit prior to or on the day of sale to the selling dealership that is, at the time of election, successfully registered through the ECO portal for the advanced payment program. Successful registration in the advanced payment program is not retroactive. The transfer election is final. See also Frequently asked questions about the New, Previously-Owned and Qualified Commercial Clean Vehicles Credit: Topic H, Question 13. Q52. I indicated that the buyer did not elect to transfer the credit at the time I submitted the seller report. Can the buyer still claim the clean vehicle credit? (added April 12, 2024) A. An eligible buyer who receives a successfully submitted time of sale report and who did not elect to transfer the credit at the time of sale, may elect to claim the clean vehicle credit on their federal tax return using Form 8936, along with Form 8938 Schedule A. Q53. Is the Time of Sale Report a legal document? (added April 5, 2024) A. The Time of Sale Report is a legal document. The dealer attests, via check-the-box method, that the report is true and correct. This attestation is made under penalties of perjury.
