IRS New Release: IR 2024-02: IRS announces more time for dealers and sellers of clean vehicles to submit time-of-sale reports
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WASHINGTON — Following the launch of a new online portal and to help industry, the Internal Revenue Service today announced an extension for dealers and sellers of clean vehicles to submit time-of-sale reports.
Seller reporting in IRS Energy Credits Online (IRS ECO) became available on Jan. 1, 2024. To provide dealers and the IRS more time to submit and intake seller reports into this new system, the IRS is temporarily extending the 3-day time period to submit time-of-sale reports provided in Revenue Procedure 2023-38 through Jan. 16.
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