"Extended Deadline for Dealers on EV Tax Credit Filings Amid Tightened Regulations"

The IRS has extended the deadline for dealers and sellers of clean vehicles to submit time-of-sale reports through the new IRS Energy Credits Online (IRS ECO) system until January 19 for sales made from January 1 to January 16, 2024. This extension aims to provide additional time for adapting to the new reporting system and ensure accurate processing of reports necessary for customers to claim tax credits. The IRS is also offering office hours to assist with the reporting process and encourages dealers to continue using the IRS ECO for submissions.