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Posted by francesllee on March 30, 2007, 3:56 am
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I bought a 2007 Prius in January 2007, does this qualified
for tax credits in 2006 or 2007? Thanks in advance!
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Posted by Frederick Lorca on March 30, 2007, 10:46 pm
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> I bought a 2007 Prius in January 2007, does this qualified
> for tax credits in 2006 or 2007? Thanks in advance!
2007
For more information, see "Tax Credit for Hybrid Vehicles"
http://www.irs.gov/newsroom/article/0,,id=107766,00.html
Also see "Summary of the Credit for Qualified Hybrid Vehicles"
http://www.irs.gov/newsroom/article/0,,id=157557,00.html
Frederick Lorca
<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
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Posted by Herb Smith on March 30, 2007, 10:46 pm
Please log in for more thread options francesl...@gmail.com wrote:
> I bought a 2007 Prius in January 2007, does this qualified
> for tax credits in 2006 or 2007?
I believe Toyota has already sold enough vehicles to meet
the target number, so either your credit is reduced or no
longer available. Check with the manufacturer to see if your
vehicle qualifies for a 2007 credit.
<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
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