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ENORMOUS VEHICLE TAX CREDITS
December 31, 2007
If you want the biggest "green" machine on the block, the IRS has answered your wishes by certifying the certifiably enormous GMC Yukon Hybrid model for a $2,200 hybrid vehicle credit for the 2008 model year (IR-2007-210). The Yukon and the Chevy Tahoe 2008 models are certified in both the 2-wheel drive and 4-wheel drive versions.
The IRS also certified the Saturn View Green Line for a $1,550 credit.
Remember, the hybrid credit only works for regular tax -- not for alternative minimum tax.
Link: list of qualifying vehicles.
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