I spent some time on the phone with the IRS the other day to determine if the law for tax credits for hybrid, electric, and alternative fuel vehicles could apply to boats. The problem is the wording which defines vehicle as that which has four wheels and is driven on a paved surface. So, that nice tax credit is out. If there are others it would be nice to find out if any could apply to boats. It would be a very nice incentive that could be quite helpful to all of us - consumers and businesses alike. I'll keep searching and if I turn up anything (I have a call into my State Senator here in in MD) I'll let the group know.
Sally Reuther
Annapolis Hybrid Marine
On Wed, Nov 10, 2010 at 10:43 AM, Doug <dj2210@yahoo.com> wrote:
Does anybody know if re-powering with electric gets you a tax rebate?
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