Thread: Hybrid tax credit bait and switch
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Old 02-01-2007, 05:55 AM
mikieboyblue mikieboyblue is offline
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Real Name: Michael
Location: New York
Hybrids: TCH - 03/30/07
Posts: 1,082
Default Re: Hybrid tax credit bait and switch
Quote:
Originally Posted by ag4ever View Post
Everyones gripe should not be with the hybrid credit, but the AMT.
Agreed. The AMT is a real pain. Luckily I don't hit it as I am single and only been working full-time for a year and half so I do not make that much.

However, I use TurboTax as I just simply do not have the time to read all the tax law and knowing my dumb luck I would screw it up and get charged lovely fees from the IRS.

Like ag4ever, I also knew that the credit was tied to the AMT. The tax credit was not a deal maker for me and my purchase. The awesome reliability and performance of Toyota was.

Mike
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