Saturday, October 24, 2009

What paperwork do I need to file for a tax credit for my hybrid car(Prius)?

I called the dealership and they did not have an answer for me, they told me to call the company that I have my car loan with. That doesn't sound right to me.

What paperwork do I need to file for a tax credit for my hybrid car(Prius)?
You need form 8910, it is available on the IRS website if you can't find one.





You also cannot be leasing the vehicle, and you must be the original owner.





You are entitled to approx. $1575 credit.
Reply:Tax credits are on page 2 of the 1040 form. Check the IRS website for details
Reply:The car dealership should have information on how much of a tax credit there is for the Prius. The credit is not the same for all hybrids.





http://www.irs.gov/newsroom/article/0,,i... has info on credit amounts. This might give you what you need. The Prius is right on the top line.


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