Quote:
Originally Posted by 6spdhyperblue
Who doesn’t it apply to?
Also the electric equinox looks like it will be similar in price to a mache after the federal tax credit
|
It depends on your situation. You’ll get the deduction only if you owe taxes of course and even then only to the amount you owe which may be less than $7,500 max.
Also GM has used up all their credits. The credit is phased out for them already.