Hmmmmm.....

Sir Sam · **Posted:** Mon Jun 11, 2007 5:47 pm

from
http://www.energystar.gov/index.cfm?c=P ... ax_credits

Quote:

Tax credits are available to buyers of hybrid gasoline-electric, diesel, battery-electric, alternative fuel, and fuel cell vehicles. The tax credit amount is based on a formula determined by vehicle weight, technology, and fuel economy compared to base year models. These credits are available for vehicles placed in service starting January 1, 2006. For hybrid and diesel vehicles made by each manufacturer, the credit will be phased out over 15 months starting after that manufacturer has sold 60,000 eligible vehicles. For vehicles made by manufacturers that have not reached the end of the phase-out, the credits will end for vehicles placed in service after December 31, 2010.

Ok so that is the credit that new hybrid owners get to enjoy, and the statement alludes to the credit applying to diesel vehicles untill 60,000 sales are reached(not happening with ours). But then does not give any more followup information........

Then searching some more I find form 8864:
http://www.irs.gov/pub/irs-pdf/f8864.pdf

And then the precurser to form 8864:
http://www.irs.gov/irb/2007-17_IRB/ar13.html

This was also interesting:
http://www.irs.gov/newsroom/article/0,, ... 42,00.html

Lots of reading to do.

Pablo · **Joined:** Thu Feb 02, 2006 10:06 pm **Posts:** 1201

I bought mine on Dec 31, 2005. Arg. A day early... and a dollar too much.

Ranger1 · **Joined:** Mon Oct 17, 2005 7:40 pm **Posts:** 1137

For diesel tax credits, check the Tier 2, bin 5 requirements. That eliminates all CRD Liberty's produced in 05 through 06 as they were Tier 2, bin 9 or 10 iirc. For that matter, it eliminated every diesel vehicle for sale in the US through 07. The T2B5 was forced into the legislation courtesy of the Union of Concerned Scientists, who prefer gasolene electric hybrids over diesels and lobbied violently against diesels getting any tax credit. Allen Schafer had an article on the entire diesel tax credit debacle - it was a non denial, denial. Yes a diesel tax credit existed - but the emissions requirements were so harsh that no diesel in the US or elsewhere could ever qualify for it.

TDI4BY · **Joined:** Sun Apr 02, 2006 11:56 pm **Posts:** 644

Ranger1 wrote:

For diesel tax credits, check the Tier 2, bin 5 requirements. That eliminates all CRD Liberty's produced in 05 through 06 as they were Tier 2, bin 9 or 10 iirc. For that matter, it eliminated every diesel vehicle for sale in the US through 07. The T2B5 was forced into the legislation courtesy of the Union of Concerned Scientists, who prefer gasolene electric hybrids over diesels and lobbied violently against diesels getting any tax credit. Allen Schafer had an article on the entire diesel tax credit debacle - it was a non denial, denial. Yes a diesel tax credit existed - but the emissions requirements were so harsh that no diesel in the US or elsewhere could ever qualify for it.

I love stuff like that :roll:

Hmmmmm.....

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