0
What else can I help you with?
Chevy Hybrid Vehicles?
The first hybrid Chevrolet brought to market was the Volt; the first ever car to run on battery. The Volt also comes with a nice $7,500 full tax credit on purchase. Recently, Chevrolet has come out with hybrids for its most recognizable vehicles including the Chevrolet Silverado Hybrid, the Chevrolet Malibu Hybrid, the Chevrolet Tahoe Hybrid, and the Chevrolet Equinox Hybrid.
Does flex fuel car allow a tax credit?
No. You have to have an alternate fuel vehicle (hybrid or electric) to be able to take the credit.
4x4 Hybrid Cars?
Hybrids can now be offered with 4x4 capacity. The Ford Fusion Hybrid is extremely fuel efficient in which the vehicle gets 41 miles per gallon and buyers get $850 tax credit on purchase. The GMC Sierra Hybrid is another popular 4x4 hybrid that gets 20 miler per gallon with a $2,200 federal tax credit on purchase.
Do they make hybrid vans nowadays?
They do make hybrid vans nowadays and the fuel savings are incredible. If you drive your vehicle a lot and have the money to buy one, the savings and the tax credit will pay for the van.
What is a federal tax credit?
A federal tax credit is a discount that the government imposes on products they believe deserve a price cut to either sell more or increase their demand. Tax credits are usually given on green products such as hybrid vehicles, energy efficient appliances and new windows.
Finding Tax Incentives?
In addition to being environmentally friendly, a hybrid vehicle may be eligible for tax credits or incentives. There is no longer a Federal tax credit available for hybrids that are purchased after December 31, 2010. Before purchasing a hybrid, it is a wise idea to check with State and Local governments to see if there are any available tax incentives. Certain insurance companies may offer some sort of incentive for purchasing a hybrid.
What is the income tax credit for a child?
a credit agency garnished my income tax,is the the child tax credit exempt from the garnishment?
How do you cancel working tax credit but not your child tax credit?
You need to contact your tax office.
Are there any car incentives going on right now for California?
California has many car incentives right now, especially to encourage people to buy "greener" cars. Among these is a $3400 tax credit for people who buy diesel cars, and a $3400 tax credit for people who buy hybrid cars. These tax credits are the maximum value, and can be lower depending on how you file.
What is the difference between the child tax credit and the additional child tax credit?
The child tax credit is a non-refundable credit that reduces the amount of taxes owed, while the additional child tax credit is a refundable credit that can result in a refund if the credit amount is more than the taxes owed.
What tax credit will reduce the amount of taxes you owe?
Child tax credit
Which tax credit was not available for 2006 tax year?
First time homebuyer tax credit and recovery rebate credit were not available in or for the year 2006.
