Toyota Prius Forum banner
1 - 3 of 3 Posts

·
Registered
Joined
·
50 Posts
Discussion Starter · #1 ·
I'm considering buying 2 Prius' come Jan 1. Can I receive two tax credits?

Second question...are the tax credits just for new vehicles or do used qualify?

Thanks for the info.

Ken
 

·
Registered
Joined
·
2,243 Posts
I believe you can claim a tax credit for each qualifying vehicle purchased. Used vehicles do not qualify, and new vehicles have to be purchased not leased.
 

·
Registered
Joined
·
1,661 Posts
remember, though, that the credits - particularly TWO - may result in your qualifying for the alternative minimum tax. That could erase part of the benefit. Check with tax advisor.
 
1 - 3 of 3 Posts
Top