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Originally Posted by JasperPearl
I'm 43 and picking up my TCH Saturday.
How do the tax breaks work?
Do you get any paperwork from the dealer for that?
Thanks for the info!
Steve
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Here is a much better IRS link explaining the tax credit program:
http://www.irs.gov/newsroom/article/...157632,00.html
And you won't get anything from the dealer. Just keep whatever doc you have that shows what date you took delivery of the car. That is the key to the tax credit.
P.S>
the tax credit doesn't apply if you lease. You must purchase the car in your own name. It is OK to pay with a loan.