When reviewing information regarding the application of the clean vehicle tax credit, it is critical to understand that for each vehicle that qualifies for the credit the dealer must complete the appropriate form and both provide it to the buyer at the time of sale and provide it to the IRS no later than 15 days after the end of the calendar year.  Dealers may find it best to implement a policy of sending all forms completed during each month to the IRS at the end of the month.

  • For new vehicles the available credit is up to $7,500 and applies to the vehicles listed HERE.  The form for new vehicles can be found HERE.
  • For used vehicles the available credit is up to $4,000 and applies to the vehicles listed HERE. The form for used vehicles can be found HERE.

The forms for commercial vehicles sales have not yet been published.

Find out more about the application of the clean vehicle tax credit review HERE.