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The seller must report required information at the time of sale, including the buyer's name and taxpayer identification number, to the IRS for the buyer to be eligible to claim the credit. "If a ...
The EV tax credit saw a major revamp in 2024, which enabled some buyers to benefit at the point of sale. But some tax headaches are hitting now.
The seller must report required information at the time of sale, including the buyer's name and taxpayer identification number, to the IRS for the buyer to be eligible to claim the credit.
The seller must report required information at the time of sale, including the buyer's name and taxpayer identification number, to the IRS for the buyer to be eligible to claim the credit.