Thousands Incorrectly Claim Electric Vehicle Tax Credit

DETROIT (AP) A government watchdog says thousands of U.S. taxpayers incorrectly claimed large tax credits for electric vehicles last year.

 A Treasury Department inspector general’s report says nearly 13,000 taxpayers, including prisoners and some IRS employees, wrongly claimed about $33 million in credits for plug-in electric and alternative vehicles during the first six months of 2010.

The government has offered numerous incentives to drum up interest in electric vehicles, including a $7,500 tax credit for plug-in electric vehicles and incentives for converting a car into a plug-in.

(Copyright 2011 The Associated Press. All Rights Reserved)

Comments

One Comment

  1. Jim says:

    Call them all in for audits, but after they have shown the vehicle to an authorized IRS agent and he/she verifies the accuracy of ownership and whether the vehicle is indeed eligible for the credit. Oh, if it is a foreign manufactured car, make it ineligible. The road tax on such a vehicle will be collected how?

Leave a Reply

Fill in your details below or click an icon to log in:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Detroit

Best 4th Of July Concerts In Metro DetroitStaying home this weekend? Celebrate the 4th of July by rocking out at one of these shows.
Hump Day Drinks: 8 Cheery Cocktail RecipesNow that you've made it through half the work week, it's time to celebrate!

Watch & Listen