clock menu more-arrow no yes

Filed under:

Owners of 2 hybrids can get a tax break

The Internal Revenue Service has announced that owners of the 2006 Ford Escape Hybrid and 2006 Mercury Mariner Hybrid are eligible for a clean-burning fuel tax deduction.

Owners of the hybrid vehicles can receive up to a $2,000 deduction. The deduction is one-timeand must be taken in the year the vehicle was originally used, according to a press release. After this year, the deduction for a hybrid vehicle purchase will be replaced by a tax credit, as approved in the 2005 Energy Act. For more information, including a list of hybrid vehicles that are certified for the deduction, log onto www.IRS.gov.