The dealership we bought it from (we purchased new in Feb. 2006) told us that we would be able to claim the credit for a few years. Is this true? Or did we only get a one time tax credit?
wow! Best credit !
An.Apple
Jin.
The dealership we bought it from (we purchased new in Feb. 2006) told us that we would be able to claim the credit for a few years. Is this true? Or did we only get a one time tax credit?
3 Comments
If you bought one car, you get one credit attempt in the year you bought it.
If you bought ANOTHER car in 2007, you can request a second credit.
You only claim it once, the year you bought it new. If you bought a second qualifying hybrid later, then you could claim a second credit.
I have a hybrid and the tax credit can only be claimed once in the year of purchase. I bought my ‘05 in December of ‘04 and was able to claim it on my ‘04 taxes. Good Luck!