Treasury, IRS Launch Clean Vehicle Tax Credit Portal for Dealers

The Treasury Department and IRS launched the IRS Energy Credits Online portal Wednesday where auto dealers can register to receive clean vehicle tax credits from sales through a provision in the Inflation Reduction Act.

The tax credits are up to $7,500 for new clean vehicle purchases and up to $4,000 for pre-owned clean vehicle purchases. Treasury has begun outreach to dealers to let them know they must be registered to receive credits and how to register.

Recent guidance on the credit described how consumers will ...