Hybrid Tax Credit 2008
January 14th, 2011
Question: Is the 2008 Toyota Yaris eligible for a Hybrid vehicle credit?
I am working on doing my taxes, and I am having a hard time finding information on the subject.
Answer: Not unless you converted it to be a hybrid, EV, or NGV!
http://www.irs.gov/newsroom/article/0,,id=157557,00.html
http://www.irs.gov/newsroom/article/0,,id=157632,00.html
http://www.fueleconomy.gov/feg/tax_hybrid.shtml
edit: if you’re in Canada, the 2008 Toyota Yaris does qualify for a $1000 ecoAUTO rebate as a fuel-efficient car.
http://www.tc.gc.ca/programs/environment/ecotransport/2008ecoautoeligibility.htm
http://www.ecoaction.gc.ca/ecotransport/ecoauto-eng.cfm
some provinces offer rebates as well.
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Tags: 2008, credit, hybrid, hybrid tax credit 2008, hybrid tax credit 2008 honda civic, hybrid tax credit 2008 lexus, tax, tax-credit, taxes