Estimated read time: Less than a minute
This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.
SALT LAKE CITY (AP) -- Utah residents will get a tax break if they buy one of two types of hybrid cars.
The Internal Revenue Service announces owners of the 2006 Ford Escape Hybrid and 2006 Mercury Mariner Hybrid are eligible for a clean-burning fuel tax deduction.
Owners of the hybrid vehicles can receive up to a two-thousand dollar deduction.
Officials say the deduction is a one-time tax break and it must be taken the year the vehicle was originally purchased. After this year, the deduction for a hybrid vehicle purchase will be replaced by a tax credit, as approved in the 2005 Energy Act.
For more information, including a list of hybrid vehicles that are certified for the deduction, log onto www.IRS.gov.
(Copyright 2005 by The Associated Press. All Rights Reserved.)
