Additional Vehicles Certified For The Energy Tax Credit

The Internal Revenue Service acknowledged the certification by Toyota Motor Sales U.S.A., Inc., that several of their hybrid Model Year 2007 vehicles qualify for the hybrid tax credit enacted by the Energy Policy Act of 2005.

The certified vehicles are the Toyota Prius, Toyota Highlander Hybrid and the Lexus RX 400h 2WD and 4WD vehicles. The tax credit for hybrid vehicles applies to vehicles purchased on or after January 1, 2006, and may be as much as $3,400 for those who purchase the most fuel-efficient vehicles.

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

2007 Toyota Prius $3,1502007 Toyota Highlander Hybrid 2WD and 4WD $2,6002007 Lexus RX 400h 2WD and 4WD $2,200

The full credit amount for these Toyota and Lexus vehicles is available to qualifying purchasers through September 30, 2006. Read more at irs.gov