For taxpayers who are looking to receive benefit from the new clean vehicle credit (IRC 30D), beginning January 1, 2024, dealerships can apply and use the credit for the purchase of a qualifying vehicle at the time of sale on behalf of the taxpayer. Taxpayers should be aware that if their income exceeds the income limitations for eligibility of the credit in the year of purchase, they will later be required to repay the credit on their tax return.
Please click on the following link for more details:
https://www.irs.gov/credits-deductions/clean-vehicle-credit-seller-or-dealer-requirements