tax credit question

Discussion in 'Prius Tax Credit Discussion' started by rigormortis, May 16, 2007.

  1. rigormortis

    rigormortis Active Member

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    if someone on low income purchases a prius and files for the 2007 tax credit..

    say you owe the irs 1100.00 for the year and you had 1200.00 withheld, the irs refunds you $100

    what happens with the tax credit ?? do you get your 1100.00 back? (or whatever the hybrid
    tax break was @ time of purchase)

    or does the hybrid refund only cover if you owe taxes
     
  2. JimN

    JimN Let the games begin!

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