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Old 08-22-2006, 08:04 PM
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Tim K Tim K is offline
Ridiculously Active Enthusiast
 
Location: Philadelphia, PA
Hybrids: 2006 Mercury Mariner
Posts: 798
Default Re: tax credit question...

Line 57 was thousands of dollars last year. I guess the confusion is taxes OWED vs taxes DUE. In other words, we have had enough money withheld during the year to cover our taxes owed. And, as long as the $1950 credit is less than the "total tax", we can take the credit and get it refunded? I'll double check with my accountant too...

.

-Tim

2006 Mercury Mariner Hybrid AWD
Black with Pebble interior
Premium Package with Nav & Moonroof



Current ODO: 26,152
Typical Drive: 20 min crosstown in heavy traffic (3.5mi there and back twice a day)


532 Gallons of gas saved
That's 10,642 lbs less CO
2 emitted

Last edited by Tim K; 08-22-2006 at 08:09 PM.
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