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

Discussion in 'Prius Tax Credit Discussion' started by bigmahma, May 8, 2007.

  1. bigmahma

    bigmahma New Member

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    The correct action..
     
    #1 bigmahma, May 8, 2007
  2. Marlin

    Marlin New Member

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

    priussoris New Member

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    <div class='quotetop'>QUOTE(bigmahma @ May 8 2007, 07:48 AM) [snapback]437431[/snapback]</div>
    If you bought your hybrid in 2007 you will wait until next tax time rolls around
     
    #3 priussoris, May 8, 2007
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