Tax Deduction vs Tax Credit - GreenHybrid

tstaniec · #1 (**permalink**) 10-04-2005, 09:26 AM

I see several people on various topics here recommending waiting until after Jan 1 '06 to take delivery of a new hybrid vehicle in order to be eligible for a tax credit, rather than going for the tax deduction in place for '05 vehicles.

I have done a little searching and found the IRS documentation on the tax deduction, but can't find anything on the upcoming '06 Tax Credit.

Does anyone have info on the credit? I'd like to read up on it.

Thanks.

Trev.

lkewin · #2 (**permalink**) 10-04-2005, 11:29 AM

http://www.hybridcars.com/tax-deductions.html