More Mean, Green, and Clean Cars Added to Tax Credit List

Posted on 12. Jul, 2006 by in Taxes

The Internal Revenue Service has now acknowledged the certification by General Motors Corp. that its 2007 Saturn Vue Green Line vehicle qualifies for the Alternative Motor Vehicle Credit created by the Energy Policy Act of 2005.

The hybrid vehicle certifications recently acknowledged by the IRS and their credit amounts are:

  • GMC Sierra (4WD) hybrid pickup truck Model Year 2006 $650.00
  • GMC Sierra (4WD) hybrid pickup truck Model Year 2007 $650.00
  • Chevrolet Silverado (4WD) hybrid pickup truck – Model Year 2006 ($650.00 credit)
  • Chevrolet Silverado (4WD) hybrid pickup truck – Model Year 2007 ($650.00 credit)
  • GMC Sierra (2WD) hybrid pickup truck Model Year 2006 $250.00
  • GMC Sierra (2WD) hybrid pickup truck Model Year 2007 $250.00
  • Chevrolet Silverado (2WD) hybrid pickup truck – Model Year 2006 ($250.00 credit)
  • Chevrolet Silverado (2WD) hybrid pick up truck – Model Year 2007 ($250.00 credit)

For a full list of cars now recognized for the IRS tax credit and their credit amounts visit irs.gov.

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