Re: HCH Tax Credit
Thanks for the website!
"Original purchasers of these vehicles may claim the full amount of the credit up to the end of the first calendar quarter after the quarter in which the manufacturer records its sale of the 60,000th vehicle.For the second and third calendar quarters after the quarter in which the 60,000th vehicle is sold, taxpayers may claim 50 percent of the credit."
So if Honda sells their 60k HCH by January, there will still be three more months of the $2,100 credit? And if they already have sold 60k by now, then in the winter months there will still be the full $2,100 credit, and then 50% of the $2,100 credit can be claimed by the time we are in the spring months.
Right?
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