Since the start of 2024, buyers of eligible new and pre-owned clean vehicles can get the full value of the Inflation Reduction Act’s (IRA) clean vehicle tax credits at the time of purchase rather than waiting to claim the credit on their tax returns.

To prepare for this new process, the IRS engaged OPI early on so that the proper controls were in place when registration opened. Using the Account Verification Service and cross-government data, the IRS's pre-registration process for car dealerships can now validate bank account ownership and identity of applicants.

Starting early and using OPI’s know-how helped the IRS ensure a seamless, efficient, and accurate registration experience while preventing fraud and improper payments.