Thursday, January 11, 2007

Personal Insurance -Vehicle

Purchases qualify for how much credit is complicated, though.In most cases, taxpayers must rely on manufacturers to certify that theirproducts meet the energy-saving standards that qualify them for the credit.Time is a factor in determining the credits, as well. Many types of homeenergy-saving improvements only qualify for the credits during 2006 and 2007.A hybrid car qualifies for a full credit only until the manufacturer has sold60,000 qualifying vehicles -- then the credit phases out. On October 1, thecredits for Toyota Prius, Highlander and Camry hybrids plus the Lexus hybridwere cut in half.

No comments: