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Originally Posted by jrod81
i have always got a refund since graduating college... typically around $800 or so... so does that mean that i will get the usual $800 and then an additional $2100 on top of that?
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Not necessarily.
The tax credit for the hybrid is a non-refundable credit. Therefore, it will reduce your tax liability to zero but not below it. So if your tax liability has been zero in the past (if you always get everythiing back that you paid in), then the hybrid credit won't really help you.
Your dealer was incorrect in telling you that you would receive it as a refund. If I were you, I'd go back and ask him if he would be willing to give you the $2,100 if (and when) he is proven wrong.
And yes, I am an accountant and I do prepare taxes for a living.
If you have any more questions, feel free to ask.
Brian