IRS FIXES EV TAX CREDIT GLITCH FOR 2024 AS DEALERSHIPS TACKLE PORTAL PROBLEMS
https://s.yimg.com/ny/api/res/1.2/gzIQx3RiRkXKxgiA6Lw65Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD04MDA-/https://media.zenfs.com/en/usa_today_money_325/9f0da4fa9dbc3b3added6329f282af41
✍️ A glitch in the IRS's portal for electric vehicle (EV) tax credits has been causing issues for some buyers, but a new alert offers hope for a fix.
👉 The IRS has reopened its portal for dealers to submit time of sale reports for EVs sold last year. 👉 Buyers who were unable to claim their EV tax credits due to a glitch may be able to do so now. 👉 The glitch caused some buyers to experience issues when trying to claim the credit when filing their 2024 federal income tax returns. 👉 The IRS is allowing time of sale reports to be submitted for qualifying clean vehicle credit transactions that occurred in 2024.
-- #MarkLuscombe #MikeMader #JaredAllen #SusanTompor #technology
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