Purchased 5/2007 - Do I amend my taxes? Or wait until next year?

bigmahma · 05-08-2007, 09:48 AM

The correct action..

Marlin · 05-08-2007, 10:01 AM

<div class='quotetop'>QUOTE(bigmahma @ May 8 2007, 09:48 AM) [snapback]437431[/snapback]</div>

Quote:

The correct action..
[/b]

The tax return you filed in April is for last year (2006). You didn't buy your Prius last year, so no credit can be taken on the tax return you filed in April. Since you bought your Prius this year, then you will claim the credit when you file a tax return that covers this year, which will happen in April 2008.

priussoris · 05-08-2007, 10:01 AM

<div class='quotetop'>QUOTE(bigmahma @ May 8 2007, 07:48 AM) [snapback]437431[/snapback]</div>

Quote:

The correct action..
[/b]

If you bought your hybrid in 2007 you will wait until next tax time rolls around

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05-08-2007, 09:48 AM	#1
bigmahma Join Date: May 2007 Location: Florida Posts: 222 My Car: Package: Nominated 0 Times in 0 Posts TOTM Awards: 0 Friends: 0	The correct action..