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Energi Tax Credits?


Retired1
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Does anyone know how to apply for Federal and New York State tax credits and how much would that be?

 

                                                                                                                                          Thanks,

 

                                                                                                                                         Retired1

 

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Better Hurry!

 

http://green.autoblog.com/2012/01/03/republican-congressman-calls-for-end-of-7-500-plug-in-vehicle-t/

 

"On December 30th, Kelly introduced H.R. 3768, which seeks "To amend the Internal Revenue Code of 1986 to repeal the credit for plug-in electric drive vehicles." "Amending" in this case simply mean to eliminate the up to $7,500 tax credit that the Code currently offers to people who buy a plug-in car. The highest rate comes from vehicles like the Volt that have a battery that's at least 16 kWh, but even the Toyota Prius Plug-In, with its 4.4-kWh pack, would offer buyers $2,500 back. H.R. 3768 would take this all away, and plug-in vehicles have already just lost three federal tax incentives."

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Be glad you don't live in Virginia.  The governor (Republican) is going to tax hybrids and electric cars $100 a year for consuming less gasoline - an thus paying less gasoline taxes.  But in the same bill, the governor eliminates the tax on gasoline and will get transportation revenue by increasing the general sales tax.  If he gets his way, no one will pay gas taxes but the hybrids and electrics will be singled out for being fuel efficient.

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