Reply to: New Science at science1@veretekk.com
You will learn how to get your watercar costs back from the IRS - as you deserve. Why do you deserve to get your money back? For your pretty eyes? No. Because by driving a "green" car - or even more so for a green truck or fleet of trucks - you'll be actually HELPING NATIONAL ECONOMY by reducing our costs on pollution, hospitals, sick days, and national debt for imported oil - not to mention the painful price of economic dependability!
Since 2005 the American IRS could not ignore alternative fuel anymore, and started giving considerable rewards for "green" vehicles, green fuels and green upgrades. We will teach you how to maximize your rewards. Below you will see exact quotes out of official IRS documents, of which you will receive a complete copy. The IRS code states that you can benefit from this reward regardless of whether you drive for pleasure or business:
"The deduction for this property may be claimed regardless of whether the property is used in a trade or business."
Keep the receipts - according to this you should get your installation costs back as well:
"Any property installed on a motor vehicle (including installation costs) to enable it to be propelled by a clean-burning fuel*."
"For vehicles that may be propelled by both a clean-burning fuel* and any other fuel, your deduction is generally the additional cost of permitting the use of the clean-burning fuel."
* The IRS defines Hydrogen as one of several "clean-burning fuels."
You can get back up to $2,000 for a car, or up to $50,000 for a truck!!! Isn't that amazing? The text below is not written by us, it's copied word for word out of the new IRS code:
"Deduction limit. The maximum deduction you can claim for qualified clean-fuel vehicle property with respect to any motor vehicle is one of the following.
1. $50,000 for a truck or van with a gross vehicle weight rating over 26,000 pounds or for a bus with a seating capacity of at least 20 adults (excluding the driver).
2. $5,000 for a truck or van with a gross vehicle weight rating over 10,000 pounds but not more than 26,000 pounds.
3. $2,000 for a vehicle not included in (1) or (2)."
We cannot guarantee your tax returns because rules change by year and location. Consult your tax professional. But you will not be alone, and you will get all of this useful information:
Official IRS paperwork for claiming your money back as tax deductions for each vehicle you're installing in,
The complete IRS codes regarding green vehicles/upgrades,
DETAILED INSTRUCTIONS ON HOW TO FILE FOR MAXIMAL DEDUCTIONS.
(Available as an online download only, no printout will be shipped).
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