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Robert Longley

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By Robert Longley, About.com Guide to US Government Info

IRS Makes Lexus Hybrid Eligible for Tax Deduction

Tuesday May 10, 2005
The IRS has announced the addition of the 2006 Lexus RX 400h hybrid to the list of vehicles eligible to earn their owners a clean-burning fuel deduction on their income tax. Taxpayers who buy one of the Lexus hybrids before Jan. 1, 2006 may claim a tax deduction of up to $2000 on their tax year 2005 return. What other hybrid cars qualify for deductions? Find out here...

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