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1040, line 35 - enter "$2000" and identify as "Clean Fuel" IRS.gov - Clean Fuel Tax Deduction For Hybrid Vehicles
Not a tax rebate but a tax credit on your 2006 taxes which you won't be filing till 2007. The IRS will publish guidelines prior to that similar...
There is good coverage of this in the Phase-out_of_the_hybrid_tax_credit section of the Toyota_Prius_FAQ along with the ASE.org - Alliance to Save...
Probably the worst that'll happen if you claim the deduction is that the IRS will deny it. As you weren't initially planning on getting the...
A thoroughly ridiculous and self serving assertion! <_<
I believe they apply the "reasonable person" rule: i.e. Would a reasonable person person believe that you purchased with the intent to keep the...
You got nothing for "free". You paid an agreed price and, for your money, you got a car that included an EBH. The fact that you paid under "dealer...
Your block heater wasn't "free", it was "included" in the price. I didn't even think to factor in the price of your other dedicated equipment...
I believe the IRS would give you the hairy eyeball!
Buy a fuel efficient used car at 1/4 the price of a Prius and save up for a house.
A dealer can also offer a used car warrantee. (Yours may have a transferrable warrantee. I didn't check.)
You also make the mistake of leaving out the cost of the component, ~$2.50/month although, if your numbers are correct, this component still works...
Mercury Mariner Hybrid Named 2006 Green Car of the Year
Could a moderator move this thread to a more appropriate forum, please?
Could a moderator move this thread to a more appropriate forum?
Yeah, they could easily recoup the $1k with extra "fees".
You're welcome. Be aware that a used prius is not eligible for most incentive programs.
Right. To start with, check out the 2006_Federal_Tax_Credit_Incentive section of the Toyota_Prius_FAQ. One of the links will bring you to...
And if you add electricity, it's not quite honest to claim the increase in MPG without citing the electricity and component costs as well.
My response from that thread: In a word, "wrong". The $3150 credit will NOT reduce your taxes below your AMT. (I can cite numerous references if...