list of tax credit "requirements

lynnno1 · 05-27-2006, 05:10 PM

I saw a list of "requirements" to make sure you get the tax credit. I.E. sales receipt, sticker?, etc. there was about 8-10 items a poster said to make sure you get WHEN YOU BUY THE CAR. Alas, I can't remember where I saw it (or anything else for that matter-I got that Lyme's thing) Can anyone help with this. I'm about to make the jump (Prius) after running the numbers over and over it's like a no-brainer (which is what I do best) Thanks in advance and keep those great posts coming. Never get tired of reading 'em.

Three60guy · 05-28-2006, 11:06 AM

I'm not going to make any lists because I honestly believe this is more of a common sense issue. You merely need to prove you bought this vehicle on or after January 1, 2006. What comes to mind is your sales receipt. That is all you need. I plan on making a copy of mine and including it with my tax return. That should take care of it.

MikeSF · 05-28-2006, 02:32 PM

<div class='quotetop'>QUOTE(Three60guy @ May 28 2006, 08:06 AM) [snapback]262028[/snapback]</div>

Quote:

You merely need to prove you bought this vehicle on or after January 1, 2006.
[/b]

Only if you get audited right?

auricchio · 05-28-2006, 04:44 PM

Unless the IRS changes their rules, there is no need to include a copy of the sales receipt with your tax return. Other tax credits don't require papers unless there's a special IRS form for them.

In fact, you never include any supporting documentation with your return except for your W-2 copies.

You don't include 1099s, receipts for business expenses, mortgage receipts, or any of that stuff. You keep it in case you're audited and need to provide proof of your claims.

riscky · 05-28-2006, 08:16 PM

This might help... Federal Income Tax Credit for Hybrids... It looks as if the IRS will have a special form to claim the credit.

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05-27-2006, 05:10 PM	#1
lynnno1 Join Date: May 2006 Posts: 2 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	I saw a list of "requirements" to make sure you get the tax credit. I.E. sales receipt, sticker?, etc. there was about 8-10 items a poster said to make sure you get WHEN YOU BUY THE CAR. Alas, I can't remember where I saw it (or anything else for that matter-I got that Lyme's thing) Can anyone help with this. I'm about to make the jump (Prius) after running the numbers over and over it's like a no-brainer (which is what I do best) Thanks in advance and keep those great posts coming. Never get tired of reading 'em.

05-28-2006, 11:06 AM	#2
Three60guy Senior Member Join Date: May 2005 Location: Racine, Wisconsin Posts: 767 My Car: 2006 Prius Model: Package: #8 Thanks: 0 Thanked 0 Times in 0 Posts Friends: 1	I'm not going to make any lists because I honestly believe this is more of a common sense issue. You merely need to prove you bought this vehicle on or after January 1, 2006. What comes to mind is your sales receipt. That is all you need. I plan on making a copy of mine and including it with my tax return. That should take care of it.

05-28-2006, 04:44 PM	#4
auricchio Senior Member Join Date: Mar 2006 Location: Cambria, CA, USA Posts: 904 My Car: 2006 Prius Model: Package: #8 Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	Unless the IRS changes their rules, there is no need to include a copy of the sales receipt with your tax return. Other tax credits don't require papers unless there's a special IRS form for them. In fact, you never include any supporting documentation with your return except for your W-2 copies. You don't include 1099s, receipts for business expenses, mortgage receipts, or any of that stuff. You keep it in case you're audited and need to provide proof of your claims.

05-28-2006, 08:16 PM	#5
riscky Join Date: May 2006 Posts: 23 My Car: Model: Package: Thanks: 0 Thanked 0 Times in 0 Posts Friends: 0	This might help... Federal Income Tax Credit for Hybrids... It looks as if the IRS will have a special form to claim the credit.