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re: Flex Fuel Vehicle Tax Deduction

Posted on 2/8/12 at 6:55 am to tigeryat
Posted by socks and sandals
Lou-z-an-r
Member since Aug 2004
803 posts
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Posted on 2/8/12 at 6:55 am to tigeryat
Does anyone know if the purchase of the vehicle had to be in the calender year of 2011 or as long as it was purchased before April 15th?
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Posted by tigeryat
God's Country
Member since Oct 2005
2917 posts
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Posted on 2/8/12 at 7:29 am to socks and sandals
If you purchased the vehicle in 2012, the credit goes on your 2012 tax return. It does not work like the IRA or HSA contribution rules.
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