Saturday, October 31, 2009

Leased vehicles hybrid tax credit?

Am I eligible for Hybrid Tax credit if I lease the car?



Leased vehicles hybrid tax credit?

No. Only the OWNER of the car is eligible for the hybrid credit. If you lease a vehicle, you don%26#039;t own it, the leasing company does. So once you have leased the vehicle, the leasing company will have filed for the hybrid tax credit on their tax return.

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