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Old 04-15-2008, 10:42 AM
KenG KenG is offline
Active Enthusiast
 
Hybrids: 2008 Escape Hybrid
Posts: 198
Default Re: Tax Credit Eligibility

I got absolutely nothing, as expected, due to the AMT. This points out that the AMT and energy saving initiatives are incompatible. I went ahead and bought the hybrid in spite of not expecting the credit because I needed a car and think the technology is great.

However, if I knew I could get energy credits for installing a geothermal heating system in my house, I would have done it last year. In the current situation I'm going to limp along with my gas furnace as long as possible in hopes the tax laws will finally change.
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