My CPA informed me today that I won't receive my $2,600 tax credit for the purchase of my 2006 FEH FWD. It seems that if you are subject to the Alternative Minimum Tax (AMT) your tax credit will not apply. Sadly, my CPA informed me that most of her clients who can afford a hybrid never get to use the credit because they fall under the AMT. This almost seems like a bait and switch scheme when you consider that these vehicles are marketed with the tax credit benefit. There is no prospect of congress revising the AMT anytime soon, as long as we have to continue to pay for the War in Iraq.

How many other hybrid owners on this site fell into the AMT trap?