Posted by Colin Glassey on January 08, 2001 at 19:29:48:In Reply to: Re: Tax credit? posted by rich on November 20, 2000 at 18:06:48:
Looks like the current tax code doesn't support the $4,000 deduction you talk about. As far as I can tell, the IRS hasn't ever heard of the Hybrid Electric Vehicle and is really only supporting pure electrics like the EV-1. Take a look at:
http://www.irs.gov/prod/forms_pubs/pubs/p5351202.htm
BTW: I'd love to be proven wrong (I bought my Prius just after the new year of 2001).
-- Colin