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| Prius Tax Credit Discussion This is a discussion on Help Please? If one pays and alternative minimum tax there can be NO prius tax credit? within the Prius Tax Credit Discussion forums, part of the Prius Main Forum category; Hi All Seems to me that because we have to pay and alternative minimum tax that negates any Prius tax ... |
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03-24-2007, 03:24 PM
| #1 |
| Junior Member Join Date: Sep 2006
Posts: 15
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 |  Hi All Seems to me that because we have to pay and alternative minimum tax that negates any Prius tax credit...can someone confirm my simple interprtation? When we are working with turbo tax today and it gave us no credit for the vehicle....  Thanks |
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03-24-2007, 03:40 PM
| #2 | |
| Junior Member Join Date: Sep 2006
Posts: 15
My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0 | <div class='quotetop'>QUOTE(pjsluna @ Mar 24 2007, 01:24 PM) [snapback]411591[/snapback]</div> Quote:
REPLY TO SELF...sorry to waste space....other threads have covered...we do owe AMT at high enough amount that we will get no credit... Have a nice day  | |
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