by Stanton (Posted Mon, 29 Apr 2013 07:44:58 GMT)
That is GREAT news! I've got at least that many years left of kids in college; I have to admit that made for a nice refund this year.
I plan on doing that "plug-in" EVSE credit thing this year as well, but I don't see how they can disallow it if it's screwed/nailed to the wall. How it gets power shouldn't be the only interpretation of what "permanent" means.
roseburcaw wrote:
Tax credit is truly needed nowadays. Plus, we are most likely to use the efficient and earth friendly fuels or alternative ones. Talking about tax credits, the American Opportunity Credit has been extended until 2017. It allows for students earning $80,000 or less a year to claim a dollar-for-dollar credit on the first $2,000 of college-related expenses. In addition, it allows them to claim 25 percent of their next $2,000 worth of expenses. That effectively cuts $4,000 worth of expenses by more than half. Married couples making $160,000 or less also qualify. Article resource: Tax Credits
That is GREAT news! I've got at least that many years left of kids in college; I have to admit that made for a nice refund this year.
I plan on doing that "plug-in" EVSE credit thing this year as well, but I don't see how they can disallow it if it's screwed/nailed to the wall. How it gets power shouldn't be the only interpretation of what "permanent" means.