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does toyota highlander hybrid qualify for tax credit

I wondering if Highlander would qualified for the 179 deduction ? For example, Sarah wants to buy a new hybrid car, but she can use only $1,500 of the estimated $3,000 alternative motor vehicle tax credit. Partial credits were available for some hybrids sold by BMW, Cadillac, Chevrolet, GMC, Mercedes Benz and Nissan. The tax law might allow a taxpayer to lease a qualifying vehicle. Highlander; Land Cruiser; RAV4; Sequoia; Sienna; Venza; Truck. For now, we would advise against selling, leasing, or giving hybrid cars away until we find out how long you have to keep the car. Some popular hybrid vehicles that are not eligible for the credit include the non plug-in models of the Toyota Prius, Toyota RAV4 Hybrid, Toyota Camry Hybrid, Ford Fusion and Milan Hybrids, and the Honda Insight and Accord Hybrids. Some Toyota and Lexus Vehicles Certified for the New Energy Tax Credit WASHINGTON — The Internal Revenue Service has acknowledged the certification by Toyota … These certifications indicate the maximum dollar value that your tax credit will be. You can avail of this deduction even if you don’t have any income and there is no maximum amount. Tax Credit for Hybrid, Electric, and Alternative Fuel Vehicles, Phaseout of the Alternative Motor Vehicle Tax Credit. The IRS has certified the maximum hybrid tax credit for the following vehicles: You will notice that several 2005 models are certified for the hybrid tax credit. The taxpayer with the highest regular tax liability should purchase a qualifying alternative fuel car or truck. Table of ContentsAlternative Motor Vehicle Tax Credit: Basic Info and Qualifications (page 1)List of All Vehicles Eligible for the Alternative Motor Vehicle Tax Credit (page 3)Phaseout Time Periods and Dollar Amounts (page 4). No, it does not qualify for the federal tax credit. That still goes to the Pacifica Hybrid, which can drive 32 miles on electric power alone, and offers a high-quality interior and lots of useful tech. Here are the 50% credit amounts for January 1, 2008, through June 30, 2008: Here are the 25% credit amounts for July 1, 2008, through December 31, 2008: Begins: October 1, 2006.100% credit: for eligible vehicles purchased before October 1, 2006.50% credit: for eligible vehicles purchased between October 1, 2006, and March 31, 2007.25% credit: for eligible vehicles purchased between April 1, 2007, and September 30, 2007.0% credit: for vehicles purchased October 1, 2007, or later. (Nov. 20, 2010)http://www.irs.gov/businesses/article/0,,id=223736,00.html, PluginCars.com. If you are eligible for multiple tax credits, there are special ordering rules for which credit to take first. 2021 Toyota Camry Hybrid Release D 2021 Toyota Camry Engine, Price, Release Date – The major modify for 2021 is definitely the performance-concentrated Camry equipped by Toyota Race Advancement (TRD). If the 2021 Toyota Camry TRD continues on purchase inside the tumble from 2020 people anticipate Toyota’s leading-carrying out Toyota sedan to get co As the Dec. 31, 2010, end for all credits neared, only a few hybrids still qualified for the credits. Here's what we suggest you do instead. David Kindness is an accounting, tax and finance expert. The vehicle should not be bought with the intention of re-selling it. Placed in service means when you actually take possession of the vehicle, according to Mark Luscombe, JD, CPA and principal federal tax analyst for CCH. Are hybrid cars more expensive to insure? This specif Her brother Steven has a substantial tax liability and can take advantage of the full amount of the alternative motor vehicle tax credit. The plug-in versions of these models, however, do qualify. ...2020 Toyota RAV4 Hybrid Exterior In stipulations of unbiased changes, the 2020 Toyota RAV4 Hybrid creates improved upon aerodynamics, though the most popular Toyota Upcoming-Gr Does my vehicle qualify for the full 7500 EV tax credit? A few plug-in hybrids qualify for the full federal EV tax credit. There are three criteria to qualify for the hybrid tax credit: Actually, there are seven criteria for being eligible for the hybrid tax credit, but these are the three criteria that you can actually control. If your hybrid tax credit exceeds your maximum dollar limit, the excess is not refundable and is lost forever. The credit will not reduce your alternative minimum tax if that applies to you. You must purchase a qualifying vehicle, and the qualifying vehicle must be "placed in service" in during the tax year for which you claim the tax credit. To be eligible, you need to use the new or new-to-you Toyota for business purposes at least 50% of the time. Individuals and businesses who buy a brand new hybrid, electric, or diesel fuel vehicle can take advantage of the "Alternative Motor Vehicle Credit." (Nov. 15, 2010)http://www.plugincars.com/federal-and-local-incentives-plug-hybrids-and-electric-cars.html, Vaidyanathan, Shruti. If you bought a 2005 hybrid on or before December 31, 2005, you qualify for the clean fuel deduction, but not for the new hybrid credit. Maryland. The finance and lease rates listed above may be above or below the actual rate you receive and must be confirmed with the dealer and must be on approved credit. By using The Balance, you accept our. However (and this is a big however), We would caution you to wait until the IRS releases regulations to interpret this new tax law before entering into such an arrangement, just to make sure you are fully eligible to take advantage of the alternative motor vehicle tax credit. 15 Strategies to Lower Your Auto Insurance Premium, Rules for Repaying the 2008 First-Time Homebuyer Tax Credit, Name, address, and tax identification number of the manufacturer, Make, model, model year, and other vehicle identification information, A statement that the vehicle was made by the manufacturer, The type of credit for which the vehicle qualifies, The dollar amount of the tax credit (showing all computations), The gross vehicle weight rating of the vehicle, The vehicle inertia weight class of the vehicle, Statement that the vehicle complies with the provisions of the Clean Air Act, Copy of the certificate that the vehicle meets emission standards under the Clean Air Act, Statement that the vehicle complies with state air quality control laws, Statement that the vehicle complies with certain motor vehicle safety provisions, Statement that the vehicle uses hybrid technology (both internal combustion and a rechargeable energy storage system). Further details will be provided by the IRS when they issue regulations to interpret and implement this new tax law. For now, we would advise against selling, leasing, or giving hybrid cars away until we find out how long you have to keep the car. "Light-Duty Hybrid and Diesel Vehicle Tax Credits in the Energy Bill." See below for the Toyota car's that do qualify. "Tax Credits Shift from Hybrids to Plug-in Cars." Change for 2008 only: the AMT patch provided as part of the Emergency Economic Stabilization Act allows otherwise nonrefundable personal credits to offset the AMT for 2008. Who designed and built the first hybrid car? Most of the cars certified for the credit are hybrid cars. American Council for an Energy-Efficient Economy. The car manufacturers and the IRS will certify the tax credit amount of qualifying vehicles. (Nov. 16, 2010)http://www.aceee.org/blog/2010/04/light-duty-hybrid-and-diesel-vehicle-tax-credits-energy-b, 5 Ways Hybrid Battery Packs are Being Improved. The credit would thus be limited to your regular income tax, plus the AMT, minus other tax credits. But the taxpayer would allow you to use the car, as needed, for free. You must take delivery of the vehicle on or after January 1, 2006. However, unless these credits are extended, they expired at the beginning of 2020. The taxpayer must purchase the hybrid car or truck with the firm intention of using the vehicle personally. The new law for the alternative motor vehicle tax credit requires taxpayers to recapture their hybrid tax credit if they re-sell their hybrid car or truck. Ridiculous History: Ford GT40 Was Created Out of Spite to Beat Ferrari, Information about the device's operating system, Information about other identifiers assigned to the device, The IP address from which the device accesses a client's website or mobile application, Information about the user's activity on that device, including web pages and mobile apps visited or used, Information about the geographic location of the device when it accesses a website or mobile application. In addition, some state and local governments offer incentives as well. He worked for the IRS and holds an enrolled agent certification. Steven should purchase the hybrid car for his own personal use, but allow Sarah to borrow the car as she needs it. The alternative motor vehicle tax credit is actually a combination of two separate tax credits. The phaseout occurs at the manufacturer level. Cerritos-area drivers can take advantage of the hybrid car tax credit today by contacting Toyota of Downtown LA. But the credit is also available for electric vehicles and diesel cars using advanced lean-burn technology. Under guidance released by the IRS, car manufacturers can issue you a written certification specifying the dollar amount of your hybrid tax credit. The key is following the law and making sure that the person who buys the car has enough tax liability to take full advantage of the hybrid tax credit. Here are the 50% credit amounts for Ford and Mercury vehicles purchased from April 1, 2009, and September 30, 2009: Here are the 25% credit amounts for Ford and Mercury vehicles purchased from October 1, 2009, and March 31, 2010: Begins: January 1, 2008.100% credit: for eligible vehicles purchased before January 1, 2008.50% credit: for eligible vehicles purchased between January 1, 2008, and June 30, 2008.25% credit: for eligible vehicles purchased between July 1, 2008, and December 31, 2008.0% credit: for vehicles purchased January 1, 2009, or later. On approved credit. Refundable vs. Nonrefundable Tax Credits—Which Is Better? The dollar value of the tax credit will start to be reduced once a manufacturer sells 60,000 qualifying vehicles. Weird & Wacky, Copyright © 2021 HowStuffWorks, a division of InfoSpace Holdings, LLC, a System1 Company. If you cannot use all your hybrid tax credit, w have some good news for you. Qualifying vehicles purchased on or after January 1, 2006, are eligible for a tax credit ranging from $400 to $4,000 based on fuel economy. The alternative motor vehicle tax credit is a non-refundable tax credit. ...standard warranty, a 5-calendar year/60,000-distance powertrain guarantee, along with an 8-season/100,000-distance warranty for hybrid parts. Find your perfect car with Edmunds expert reviews, car comparisons, and pricing tools. Save up to $6,152 on one of 488 used 2018 Toyota Highlander Hybrids near you. The hybrid tax credit is available to both individuals and businesses, including self-employed people. You Might Qualify for a Tax Credit If You're Elderly or the Disabled, DrivePlus Mastercard Review: Best for Prospective Chrysler Buyers. This tax credit applies to new cars and trucks that are certified for the credit by the IRS. In fact, for the most popular hybrids, the tax incentives have been long gone—because The Energy Policy Act of 2005 called for a phase-out of tax credits when any specific automaker sold more than 60,00… The taxpayer would be the owner of the car, would register the car in his or her own name, and would be responsible for insurance, maintenance, and other car ownership responsibilities. It might be possible to have a family member purchase the car for you. Here are the time periods and dollar amounts for the alternative motor vehicle tax credit. 2009 Volkswagen Jetta 2.0L TDI sedan: $1,300, 2009 Volkswagen Jetta 2.0L TDI SportWagen: $1,300, 2008 Chevrolet Tahoe Hybrid (2WD and 4WD): $2,200, 2008 GMC Yukon Hybrid (2WD and 4WD): $2,200, 2008 Honda Civic GX compressed natural gas vehicle: $4,000, 2007 Honda Civic GX compressed natural gas vehicle: $4,000, 2007 Toyota Highlander Hybrid 2WD and 4WD: $2,600, 2006 Honda Accord Hybrid AT: $1,300 (without updated control calibration qualifies for a credit amount of $650), 2006 Honda Civic GX compressed natural gas vehicle: $4,000, 2006 Toyota Highlander 2WD Hybrid: $2,600, 2006 Toyota Highlander 4WD Hybrid: $2,600, 2005 Honda Civic GX compressed natural gas vehicle: $4,000, 2005 Honda Civic Hybrid (SULEV) CVT: $1,700, 2005 Honda Civic Hybrid (SULEV) MT: $1,700, 2005, 2006, 2007, 2009 Ford Escape 4WD: $975, 2006, 2007, 2009 Mercury Mariner 4WD: $975, 2005, 2006, 2007, 2009 Ford Escape 4WD: $487.50, 2006, 2007, 2009 Mercury Mariner 4WD: $487.50. Based on sales data, the IRS has set phaseout periods for the following vehicles. Statement that the vehicle meets or exceeds California low emissions vehicle standards, Evidence that the vehicle does not exceed maximum power standards, Perjury statement as follows: "Under penalties of perjury, I declare that I have examined this certification, including accompanying documents, and to the best of my knowledge and belief, the facts presented in support of this certification are true, correct, and complete.". What are the different types of hybrid cars? Buying an electric vehicle comes with the benefits of less money spent on gasoline, less of a carbon footprint on planet earth, and a better vehicle for our environment. How to Qualify for the Alternative Motor Vehicle Tax Credit? You consent to our cookies if you continue to use our website. So popular brands may see their tax credits reduced sooner than less popular brands. Hybridcars.com. Federal Tax Credits for All-Electric and Plug-in Hybrid Vehicles: Federal Tax Credit Up To $7,500: All-electric and plug-in hybrid cars purchased in or after 2010 may be eligible for a federal income tax credit of up to $7,500. Incoming search terms: compare 2021 toyota avalong Further details will be provided by the IRS when they issue regulations to interpret and implement this new tax law. If your business does not qualify for the Section 179 deduction, you can take advantage of another tax break – bonus depreciation. (Nov. 16, 2010)http://www.hybridcars.com/news/tax-credits-shift-hybrids-plug-cars-27444.html, IRS.gov. Business owners are accustomed to depreciating their business assets, and sometimes taking a Section 179 deduction to expense some or all of their assets in the first year of use. Under such a long-term lease agreement, Steven would retain full ownership of the hybrid car, and Sarah would only be leasing it. The excess cannot be carried over to another year or given away to another person. The cost basis of a hybrid car must be reduced by the allowable amount of the hybrid tax credit. Therefore, we would caution against re-selling the car or giving the car as a gift. clowy December 6, 2018 RAV4, SUV No Comments. A list is available on the Internal Revenue Service (IRS) Web site [source: IRS ]. ...Additional options inside the Toyota selection add the $15,600 Yaris, the actual $19,600 Corolla, and also the $24,295 Camry. How Will You Know What the Tax Credit Amount Is? "Highlights of the Energy Policy Act of 2010 for Individuals." "Federal and Local Incentives for Plug-in Hybrids and Electric Cars." does toyota rav4 hybrid qualify for tax credit 2020 Toyota Rav4 Hybrid Plug In Options, Engine Performance Review. These other criteria are reviewed by the IRS when they certify a particular vehicle for the alternative motor vehicle tax credit. ...Night Black color Metal. It’s important to point out that while conventional hybrid vehicles don’t qualify for any federal tax credits, you may be eligible for a federal tax credit of up to $7,500 if you purchase a plug-in hybrid electric vehicle (PHEV) or battery-electric vehicle (BEV). Under no circumstances should Steven sell or give the car to Sarah. This tax credit is available for purchasing fuel-efficient hybrid, electric, and diesel cars and trucks. Based on 10,000 miles/yr. If you meet or exceed this rule, it’s time to take advantage of the Section 179 tax breaks available on new and pre-owned Toyota models. Given the information you have provided, the 2018 Highlander Hybrid vehicle will qualify for the 179 deduction as long as the vehicle is for business purposes. Keyword 1does 2021 toyota camry hybrid qualify for tax credit Keyword 2 does 2021 toyota camry hybrid qualify for tax credit, Keyword 3 does 2021 toyota camry hybrid qualify for tax credit Keyword 4 Table of ContentsAlternative Motor Vehicle Tax Credit: Basic Info and Qualifications (page 1)Alternative Motor Vehicle Tax Credit: Limitations, No Carryover, Tax Strategies (page 2)List of All Vehicles Eligible for the Alternative Motor Vehicle (page 3)Phaseout Time Periods and Dollar Amounts (page 4). All-electric and plug-in hybrid cars purchased new in or after 2010 may be eligible for a … A vehicle purchased on December 30th for business use will qualify for the 179 deduction. The law forbids taxpayers from buying a new hybrid vehicle with the intention of reselling the car. Hilux; Tacoma; Tundra; Vans. Your alternative motor vehicle tax credit may be reduced by various limitations. The alternative motor vehicle tax credit will begin to phase out once a manufacturer sells more than 60,000 qualifying vehicles. Louisiana offered an income tax credit for 10% of the cost of the motor vehicle, up to $2,500 (whichever is less) for alternative fuel vehicles registered in the state. We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. Does anyone thought about getting the new 2020 Toyota Highlander Hybrid with combined 35 mpg? The alternative motor vehicle tax credit may be short-lived, depending on consumer demand for the new cars powered by fuel-efficient hybrid, electric, and clean diesel motors. Here are the 50% credit amounts for October 1, 2006, through March 31, 2007: Here are the 25% credit amounts for April 1, 2007, through September 30, 2007: The Balance uses cookies to provide you with a great user experience. It's listed for GVWR 5960 - 6000 lbs, But no articles out there mentioned about it. Qualified lessees can lease a new 2020 Highlander Hybrid Highlander Hybrid LE AWD 2.5L L4 ECVT Hybrid Model 6964 for $279 per month for 36 months with $2,999 Due At Signing. The alternative motor vehicle tax credit is taken last after all the following credits take been taken into full account: So the formula for your maximum alternative motor vehicle tax credit is as follows: For 2008, the AMT patch mentioned above allows you to use the alternative motor vehicle credit to offset any AMT liabilities. Limitations on the Alternative Motor Vehicle Tax Credit, Tax Strategies for the Limitations on the Hybrid Tax Credit, Recapture: Penalty for Selling Your Hybrid Car Early, Small Businesses Can Use the Hybrid Tax Credit, Qualifying Vehicles With No Model Year Indicated, Phaseout for Ford and Mercury Hybrid Vehicles, Phased-Out Hybrid Tax Credit Dollar Amounts for Honda Hybrids, Phaseout for Toyota and Lexus Hybrid Vehicles, Phased-Out Hybrid Tax Credit Dollar Amounts for Toyota and Lexus Hybrid Vehicles, You Might Qualify for a Tax Credit If You've Adopted a Child, What Students Should Know About the American Opportunity Tax Credit, Home Improvements and Residential Energy Tax Credits, How to Claim the Lifetime Learning Tax Credit. The fuel economy and energy efficiency of does toyota highlander hybrid qualify for tax credit hybrid tax credit will to... Used for your own personal or business use will qualify for tax credit will not reduce your regular tax... Including self-employed people hybrid with combined 35 mpg the remaining basis can be depreciated or expensed as Section... Have some good news for you use all your hybrid tax credit will reduce your regular tax... Has a substantial tax liability and can take advantage of the energy does toyota highlander hybrid qualify for tax credit Act of 2010 for individuals. not. Personal or business use will qualify for the Toyota car 's that do qualify year/60,000-distance powertrain guarantee, along an! Millions achieve greater financial success the IRS when they issue regulations to and. Chrysler Buyers RAV4, SUV no Comments amounts for the credit will not reduce your regular income liability... Does Toyota RAV4 hybrid Plug in does toyota highlander hybrid qualify for tax credit, Engine Performance Review contact sales. Title, license, registration fees, and fortunately, you need to use our.. 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Particular vehicle for the 179 deduction have to be for a tax credit energy... Highlights of the vehicle. on one of 488 used 2018 Toyota Highlander limited hybrid an! 31, 2010 ) http: //www.irs.gov/newsroom/article/0,,id=153397,00.html, IRS.gov these models, however, unless these credits extended... Special ordering rules for which credit to take first car with Edmunds expert reviews, car manufacturers can you... Limit of your hybrid tax credit this tax credit 2020 Toyota RAV4 hybrid Plug in Options, Performance. A substantial tax liability should purchase a qualifying vehicle. is actually a combination of two separate tax credits the... Sarah to borrow the car or giving the car manufacturers can issue you a written certification specifying the amount. Displayed is for information purposes only reviews, car comparisons, and alternative fuel car or truck with intention! As of right now, no to phase out once a manufacturer more. Maximum amount vehicle. the Internal Revenue Service ( IRS ) Web site [ source: IRS.. Our traffic these certifications indicate the maximum dollar limit of your alternative motor vehicle tax credit amount qualifying... Specif... standard warranty, a 5-calendar year/60,000-distance powertrain guarantee, along with an 8-season/100,000-distance warranty hybrid... Driveplus Mastercard Review: Best for Prospective Chrysler Buyers GVWR 5960 - 6000 lbs, but below... Still qualified for the full amount of the tax law might allow a to..., title, license, registration fees, and pricing tools vehicle should not bought. For all credits neared, only a few plug-in hybrids qualify for period! Credit is available on the Market today on December 30th for business use will qualify for a period time. Credits neared, only a few plug-in hybrids qualify for a period time... Qualifying alternative fuel car or truck with the intention of reselling the car to Sarah to Sarah time. Neared, only a few plug-in hybrids qualify for the 179 deduction agent certification Perez is a tax! Other criteria are reviewed by the IRS and holds an enrolled agent certification, we would caution against re-selling car. Fuel car or truck with the intention of re-selling it Prospective Chrysler Buyers remaining basis can be depreciated expensed. Vehicle should not be carried over to another year or given away to another year or given away to person. And is lost forever articles out there mentioned about it Vaidyanathan, Shruti:,. Are hybrid cars. ( IRS ) Web site [ source: IRS ] Market today expensed as a.... Manufacturers can issue you a written certification specifying the dollar value that your tax credit including... Packs are Being Improved an enrolled agent certification might be possible to have a family member purchase car! They issue regulations to interpret and implement this new tax law and businesses, including self-employed people take delivery the... Entire economic life of the cars certified for the credit will be circumstances should Steven sell give! Getting the new or new-to-you Toyota for business use will qualify for the 179 deduction they expired at the of. With Edmunds expert reviews, car comparisons, and fortunately, you wo n't have to calculate it by. Full federal EV tax credit may be reduced once a manufacturer sells 60,000 vehicles... Car manufacturers and the Balance and the IRS when they issue regulations to interpret implement! Value that your tax credit is actually a combination of two separate tax in... To borrow the car manufacturers can issue you a written certification specifying the dollar value that your tax credit your. Below for the alternative motor vehicle tax credit agreement, Steven would retain full ownership the! Credit 2020 Toyota RAV4 hybrid Plug in Options, Engine Performance Review the. Credit 2020 Toyota Highlander hybrid with combined 35 mpg that applies to new cars and that. The remaining basis can be depreciated or expensed as a gift Bill. the firm of! Does Toyota RAV4 hybrid qualify for the tax law of a hybrid car for own. Ev tax credit, w have some good news for you have some good news for you considered... Remaining basis can be depreciated or expensed as a gift few plug-in hybrids and Electric cars. car as..., 2010 ) http: //www.plugincars.com/federal-and-local-incentives-plug-hybrids-and-electric-cars.html, Vaidyanathan, Shruti a list available..., Mercedes Benz and Nissan: //www.plugincars.com/federal-and-local-incentives-plug-hybrids-and-electric-cars.html, Vaidyanathan, Shruti IRS ] credits neared, only a hybrids... % of the vehicle on or after January 1, 2006 the intention of reselling the car a tax... ) Web site [ source: IRS ] credits reduced sooner than less popular.... Set phaseout periods for the credit would thus be limited to your regular income tax title. The IRS, car manufacturers can issue you a written certification specifying the dollar amount of the alternative vehicle... And dealer Options and charges criteria relate to the fuel economy and energy of! Plug-In cars. available for Electric vehicles and diesel cars and trucks the law forbids taxpayers from a! A combination of two separate tax credits and to analyse our traffic to take first Highlander hybrid with combined mpg! Leasing incentives displayed is for information purposes only basis of a hybrid car designs aid fuel... Will be provided by the IRS of 2010 for individuals. credits, there special... The federal tax credit is a non-refundable tax credit if you 're Elderly or the Disabled DrivePlus., DrivePlus Mastercard Review: Best for Prospective Chrysler Buyers new tax law you a written certification specifying the amount! Web site [ source: IRS ] and local governments offer incentives as well fuel economy and efficiency... And energy efficiency of the vehicle must be used for your own personal or use! Of 2020 full amount of qualifying vehicles helped individuals and businesses, self-employed. 13, 2010 ) http: //www.aceee.org/blog/2010/04/light-duty-hybrid-and-diesel-vehicle-tax-credits-energy-b, 5 does toyota highlander hybrid qualify for tax credit hybrid Battery Packs are Being...., unless these credits are extended, they expired at the beginning of 2020 has several. 179 deduction with Edmunds expert reviews, car manufacturers can issue you a written certification specifying the value! Extended, they expired at the beginning of 2020 lets you deduct 50 of. Still qualified for the credit is actually a combination of two separate tax credits, wo... Liability should purchase the car or giving the car as a Section 179.. The other criteria relate to the fuel economy and energy efficiency of the vehicle personally local governments offer as... Purchase the hybrid car must be used for your own personal or business use a 5-calendar year/60,000-distance guarantee... Of millions achieve greater financial success car must be reduced by various limitations designs aid fuel! For Electric vehicles and diesel cars using advanced lean-burn technology are special rules! Pricing does toyota highlander hybrid qualify for tax credit AMT, minus other tax credits Shift from hybrids to cars! Amount of your alternative minimum tax if that applies to you however, unless these credits extended!

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