Separate names with a comma.
Gasoline is very volitile. At first, it was considered too explosive to use as a fuel. Many oils, which are not volitile, can be used as a diesel...
Just the guidelines for the IRS but I expect the IRS will announce specific model tax credit amounts shortly.
Treasury and IRS Issues Guidance Regarding Hybrid and Lean Burn Vehicles Finally!
Can you post some pictures?
All the best information has been gathered into the Government_Incentives section of our FAQ including a section about AMT (with links to tools). B)
Correct me if I'm wrong but it looks like you are comparing family (joint) income to data for individual returns.
I did and do not consider my post to be inflamitory. However, as her assertion that she was being "punished" had been repeated, and I disagreed....
Buying a new Prius (or any new car) is no way to "save" money. A good quality used car that gets good mileage is far more cost effective if saving...
http://priuschat.com/index.php?showtopic=1...ndpost&p=186298 http://priuschat.com/index.php?showtopic=1...ndpost&p=186697 Actually, line 36 is the...
You are correct that it does not phase out with income. However, those with higher incomes are more likely to find themselves losing all or part...
You don't have to itemize but you do have to file 1040, not 1040EZ. B)
You keep implying that you are being punished when, in fact, you are not being incented or rewarded. There is a very real difference.
The actual amounts of the credit for each vehicle are about the only things left for the IRS to finalize. The law is pretty clear on the rest....
Best of luck! :D
Thanks for your clarification. The situation you present is correct. The credit can reduce your tax liability to your AMT giving you, in effect, a...
As your smallest AMT is $0 and the tax credit cannot reduce your tax liability below your AMT, it therefore cannot bring your tax liability negative.
The credit will definitely NOT reduce your tax liability below your AMT. Page 1419, beginning with line 17 of the Energy Policy Act of 2005....
No problem. I still hope it will turn out that you get the credit.
Yep. I understand the author represents the district that includes Flint, MI.
Energy Policy Act of 2005 beginning on page 1391.
