A Guide to EV Tax Credit Reporting

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Understanding how to report the EV tax credit to both the IRS and your customers is crucial for your dealership. The various tasks involved in providing these credits have undoubtedly sparked numerous questions. Fortunately, we're here to provide the answers.

Join NADA's Greg Cote, Director and Counsel of Regulatory Affairs, for a live webinar tailored to offer clarity and address your inquiries regarding EV IRS tax credits.

A few of the EV IRS Tax Credit Questions that will get answered include:

  • What specific documentation must customers provide to facilitate the EV tax credit application process?

  • What are the dealership's obligations regarding record-keeping and reporting in relation to the EV tax credit?

  • What are the IRS reporting requirements for dealerships?

  • Is it the dealership's responsibility to ensure that customers qualify for the tax credit?

  • What are the income limits for the EV tax credit in 2024?

  • Why is it necessary for dealers to register on IDMe?

  • What are the consequences if a sale is not entered within three days?

  • How is the process handled if a customer returns a car?

  • And so much more!

Presenter:
Greg Cote, Director and Counsel of Regulatory Affairs, NADA

Guest Speaker:
Paul L Charles, CPA, Principal, CliftonLarsonAllen LLP

About Greg Cote: 
Greg Cote serves as Director and Counsel of Regulatory Affairs for NADA. In this role, he educates NADA members on compliance with federal regulations and represents dealer interests before federal agencies on issues concerning safety, trade, tax, the environment, and electric vehicles. Greg previously served as Associate General Counsel of the U.S. Department of Transportation, and as a litigation partner in the Boston office of McCarter & English, LLP. He earned an A.S. from Champlain College and a B.A. from Trinity College of Vermont.  He received his law degree from Suffolk University Law School in Boston, Massachusetts.