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1098-VLI Filing for Auto LendersUpload, Review, eFile.
Send us your borrower data in Excel. You review the forms we generate, then we e-file with the IRS and mail borrower copies. Pricing starts at $3.00 per form.
- No software to buy
- No core system integration
- Direct submission to the IRS IRIS platform
- Real time acceptance confirmations
- $750 annual minimum, billed per form
- Borrower
- R. Alvarez
- Box 1 · Interest received
- $1,284.60
- Box 2 · Vehicle
- 2025 Ford F-150
- Box 2 · VIN
- 1FTFW1E8…
- Box 3 · Origination
- 03 / 14 / 2025
- Box 4 · Principal
- $41,900.00
- Tax year
- 2026
Your First Required 1098-VLI Filing Lands in Early 2027
Form 1098-VLI didn't exist before the One Big Beautiful Bill Act. Congress added Section 6050AA, and it applies to vehicle loans your borrowers took out after December 31, 2024. The IRS waived the form for 2025 interest, so most lending teams have never filed one.
Calendar year 2026 ends that.
January 31, 2027
Borrower copies furnished
March 31, 2027
Electronic filing with the IRS
Penalties run per form, and they apply twice. You owe one to the IRS for the return and one to the borrower for the copy.
| How late the form is | Penalty per form |
|---|---|
| Filed within 30 days | $60 |
| Filed after 30 days, through August 1 | $130 |
| Filed after August 1, or not filed | $340 |
| Intentional disregard | $680 |
Section 6721 covers the return you file with the IRS. Section 6722 covers the copy you furnish to the borrower. A single missed borrower can trigger both. Amounts published by the IRS for information returns required to be filed in 2026. The 2027 figures adjust for inflation and aren't published yet.
Three Steps From Your Loan File to an Accepted IRS Return
You don't need a filing system for this. The whole job runs off a spreadsheet you can pull from your loan servicing software today.
01
Upload your borrower data in Excel
No connection to your core system, and no work from your IT team. You export what you already hold, and you send it to us.
02
Review the forms before we file anything
We check the required fields and flag records the IRS would reject. You approve the batch.
03
We e-file with the IRS through IRIS
Acceptance confirmations come back in real time. Printed borrower copies go out by mail if you choose that option.
What 1098-VLI Filing Costs at Your Loan Volume
Placeholder
eFile Only
Satisfy your IRS filing requirement.
$3.00per form
Get started- Borrower data upload
- Form 1098-VLI generation
- IRS e-filing through IRIS
- $750 annual minimum
Includes borrower copies
eFile + Print/Mail
Everything above, plus the borrower copy handled for you.
$4.50per form
Get started- Everything in eFile Only
- Printed copies mailed to each borrower
- Meets the January 31 furnishing deadline
- $750 annual minimum
Both options carry a $750 annual minimum, and you pay per form with no monthly subscription.
At $3.00 per form, that minimum covers 250 filings. At $4.50 it covers 167. If your book runs smaller than that, the minimum is your real cost, and it's worth running the number before you compare us to anyone.
Which Lenders Have a 1098-VLI Filing Requirement
The rule doesn't care what kind of lender you are. If you received $600 or more in interest from one borrower on a qualifying vehicle loan during the calendar year, you file.
Banks and finance companies
Your reporting team probably handles 1099 filings at volume already. 1098-VLI adds a form with vehicle data attached, and that's the part most existing workflows don't hold.
Credit unions
You don't need your core processor involved. Member loan data exports to Excel from the system you already run, and the filing happens outside your core.
Buy-Here-Pay-Here dealers
You finance in house, so you're the lender, and the filing obligation is yours. A 40 loan book can still cross the $600 threshold on most of those accounts.
See what BHPH dealers need to file →Motorcycle, RV, and specialty vehicle lenders
A given vehicle qualifies based on how it's classified and where it was assembled. Check that before you assume a loan sits outside the rule.
How motorcycle and RV loans are treated →Who Runs the Platform Behind Your Filing
Vehicle Loan Interest is powered by 1095EZ Online, an established IRS information reporting platform. Returns go directly to the IRS IRIS platform. Acceptance confirmations come back in real time, so you know a batch landed before the deadline instead of finding out weeks later.
“I like that I don't have to figure out complex calculations. I provided all of the basic information and the Auto Loan Interest system takes care of the rest.”
Kim Bennett
“I appreciated the accessibility to agents that were always ready to help with questions or issues encountered during the preparation phase.”
Gail Stallings
“You produced excellent work. You guys were experts. I would recommend you for sure.”
Debbie Sweeting
Questions Auto Lenders Ask About 1098-VLI Filing
No 1098-VLI was required for 2025 interest. IRS Notice 2025-57 let lenders meet Section 6050AA a different way. The interest total had to reach the borrower by January 31, 2026. An online account portal, a monthly statement, or an annual statement all counted.
The IRS waived penalties under Sections 6721 and 6722 for lenders who did that. Calendar year 2026 is the first year the form itself is required, so if you're setting up now, you're setting up for the right year.
Start Your 2026 Filing Before the January Deadline
Your borrower copies are due January 31, 2027. The data pull is the slow part, and it's the part you control today. Create an account, send a sample file, and find out what your export is missing while there's still room to fix it.