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ATTENTION TOYOTA PRIUS OWNERS!

August 14, 2002

Your ship has come in! The IRS has certified the Toyota Prius as eligible for a $2000 tax deduction for model years 2001, 2002 and 2003. This deduction must be taken in the year the vehicle is first used, so an amended return may be in order. There is no requirement that the car be used in a business to take this “clean fuel vehicle” deduction. The deduction is taken “above the line,” so it is available to itemizers and non-itemizers alike.

Of course, you have to drive this to use it.

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