I think I screwed up because I bought an used Chevy Volt (thats in repair shop btw for BECM issue a week after delivery) and the used car dealer has refused to furnish Form 15400. I literally gave it to them twice and the salesmen said they would complete it the next day and I still haven’t seen the form yet. I was really depending on the 4k tax credit for the car and this is really bugging me since they keep saying they will complete it but they refuse to do so. What should I do
I feel like the whole used EV tax credit thing is gonna end up as a complete train wreck. Despite me working with the dealer to get them the form, instructions, and explain how it benefits them, there’s still no guarantee that they’re actually going to file anything.
I plan on filing regardless, but keeping the paper trail of requests, voicemails, etc. just in case.
Agree. Used car lots especially have very little incentive to complete the paperwork, especially if you’ve already bought the car. About all you can do is hold the purchase over their head and say you won’t buy it until til they fill their stuff out. Once you sign the purchase order you lose all your leverage.
Did you get the 15400 Form from Dealer?
Nope. Apparently that form didn’t even exist for the majority of the year so people who bought Jan-Oct 2023 are probably SOL if the IRS takes a hardline stance on it. There is also no guidance dealers on how to submit said form yet.
The plan right now is to monitor closely, and follow up with the dealer a few weeks for the deadline. The few tax people I’ve talked to, or read the opinion of, have said no one is sure just file 8936 regardless and keep paperwork.