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FORD, MERCURY HYBRID SUVS CERTIFIED FOR TAX CREDIT
June 22, 2006
The IRS yesterday announced (IR-2006-98)that Ford Escape and Mercury Mariner Hybrid models qualify for the hybrid car tax credit as follows:
Ford Escape Front WD Hybrid Model Year 2007 — $2,600Ford Escape 4 WD Hybrid Model Year 2007 — $1,950
Mercury Mariner 4 WD Hybrid Model Year 2007 — $1,950
Remember, this credit doesn't apply in computing alternative minimum tax, so be careful!
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