OMB understands that the IRS is currently in the process of revising the methodology it uses to estimate burden and costs. OMB expects that future ICRs under this OMB control number will include dollar estimates of annual burden costs to taxpayers calculated using this revised methodology.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
08/31/2026
36 Months From Approved
08/31/2023
248,441
0
54,606
606,874
0
16,820
0
0
0
For tax years beginning after 2008, Form 8936 is used to figure the credit for qualified plug-in electric drive motor vehicles placed in service during the tax year. The credit attributable to depreciable property (vehicles used for business or investment purposes) is treated as a general business credit. Any credit not attributable to depreciable property is treated as a personal credit. For tax year beginning after 2022, Form 8936-A and Schedule 1 (Form 8936-A) are used to figure the Qualified Commercial Clean Vehicle Credit.
The notice sets forth guidance relating to the qualified plug-in electric drive motor vehicle credit under § 30D of the Internal Revenue Code, as in effect for vehicles acquired after December 31, 2009.
Revenue Procedure 2022-42 provides procedures for a vehicle manufacturer to certify that they are a qualified manufacturer of such vehicles and submit reports that a motor vehicle meets certain requirements for the clean vehicle credit(s) available under sections 30D, 45W, and/or 25E, to report the amount of the credit available with respect to the motor vehicle, and for sellers to report the sales of such vehicles.
PL:
Pub.L. 117 - 169 13401 and 13402
Name of Law: Inflation Reduction Act of 2022
US Code:
26 USC 45W
Name of Law: Credit for qualified commercial clean vehicles
US Code:
26 USC 25E
Name of Law: Previously-owned clean vehicles
US Code:
26 USC 30D
Name of Law: Qualified Plug-in Electric Vehicle Credit
IRS created Form 15400 (Rev. Proc. 2022-42) to provide a template to filers for Clean Vehicles Sellers Reports. This template standardizes and simplifies the information to be the provide to the IRS and for third-party disclosures. These changes increase the burden by 193,835 responses and 589,659 burden hours due to Agency Estimates.
IRS also revised Form 8936 and Schedule A (Form 8936) which increase the burden by 395 hours due to Agency Discretion. The majority of the estimated burden for these forms continues to be capture under OMB control number 1545-0074 for individual filers and 1545-0123 for business filers.
$266,697
No
Yes
No
No
No
No
No
William Woolf 202 317-5761
Reginfo record details
No
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
Form Schedule 1 (Form 8 Qualified Commercial Clean Vehicle Credit Amount
SUP STAT 1545-2137 (F-8936).docx
Rev Proc 2022-42 - Monthly Report