The Qualified Electric Vehicle Tax Credit (Form 8834) which expired in 2007 was for 10% of the vehicles cost up to $4K. This was replaced by the Alternative Motor Vehicle Credit (Form 8911) for hybrid and natural gas cars. There are no electric vehicles listed and no apparent place for EV or NG conversion vehicles.
http://www.fueleconomy.gov/feg/tax_ev.shtml
http://www.irs.gov/newsroom/article/0,,id=157632,00.html
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Income tax credit for alternative fuel motor vehicle conversion
ReplyDeleteCitation 15-30-164 MCA
Up to $500 tax credit for converting a car to alternative fuel.