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Prius tax deduction rules

Discussion in 'Prius Tax Credit Discussion' started by Cessna157, Dec 11, 2006.

  1. Cessna157

    Cessna157 Junior Member

    Joined:
    Oct 22, 2006
    25
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    Location:
    Orlando, FL (Walt Disney World)
    Vehicle:
    2010 Prius
    Model:
    II
    I'm the proud owner of a 2007 Package #5 Barcelona Red (her name is Ruby). Can someone describe the rules on the tax credit I get? I bought her Oct 21st, so I get the lower credit. Will I get it every year or just the first year? What is the tax paperwork that I must fill out? I guess I'll have to fill out the full 1040 instead of the nice and easy 1040EZ?
     
    #1 Cessna157, Dec 11, 2006
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