can I still file for tax credit after one year of purchase?
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Joined: Nov 2006
Posts: 163
can I still file for tax credit after one year of purchase?
I purchased my toyota camry hybrid at my local dealer in chicago in August of 2006. Today is May,31/07 , Can I file for the tax credit? I finance the car not paid once in full.
Too late?
Thanks
Too late?
Thanks
World's First Hybrid
Joined: Jul 2005
Posts: 600
From: Quincy MA
Re: can I still file for tax credit after one year of purchase?
Keeping Toyota Solvent
Joined: Jul 2006
Posts: 1,069
From: Princeton, New Jersey
Re: can I still file for tax credit after one year of purchase?
ralph-dog is correct.
File an ammended return and claim the credit.
This assumes you are not already playing the AMT (Alternate Minimum Tax).
An August '06 purchase could get you up to $2600 depending on how much your current tax liability exceeds the AMT.
All the other rules apply.
You are the original owner ... blah blah blah.
File an ammended return and claim the credit.
This assumes you are not already playing the AMT (Alternate Minimum Tax).
An August '06 purchase could get you up to $2600 depending on how much your current tax liability exceeds the AMT.
All the other rules apply.
You are the original owner ... blah blah blah.
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