Hey guys,
We bought an 07 Hybrid on Saturday. They had them discounted to get rid of all 07s so I feel we got a decent deal. One of the final things that made our decision was the promise of a $2100 tax credit.
Here is my question:
I am working on a graduate degree and my wife works at only $12.00 an hour so we are still in the tax bracket where we have yet to pay in for taxes (sorry if that steams anyone). My dealer told me that if I owed $4100 then the tax credit would make me only owe $2000 but I told him we never owe and asked him if we were going to get $1000 back, would we instead get $3100 back because of the credit. He answered yes without hesitation... is that correct?
thanks
jared
We bought an 07 Hybrid on Saturday. They had them discounted to get rid of all 07s so I feel we got a decent deal. One of the final things that made our decision was the promise of a $2100 tax credit.
Here is my question:
I am working on a graduate degree and my wife works at only $12.00 an hour so we are still in the tax bracket where we have yet to pay in for taxes (sorry if that steams anyone). My dealer told me that if I owed $4100 then the tax credit would make me only owe $2000 but I told him we never owe and asked him if we were going to get $1000 back, would we instead get $3100 back because of the credit. He answered yes without hesitation... is that correct?
thanks
jared