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Hydrogen Powered Honda Qualifies for Tax Credit
WASHINGTON — The Internal Revenue Service acknowledged the certification by American Honda Motor Company, Inc, that one of its vehicles meets the requirements of the Alternative Motor Vehicle Credit as a qualified fuel cell vehicle.
Purchasers of the 2005 and 2006 Honda FCX, which is only capable of operating on hydrogen, may rely on their certification concerning the vehicle’s qualification for the Qualified Fuel Cell Motor Vehicle Credit.
The credit amount for the 2005 and 2006 Honda FCX is $12,000.
More information on other alternative motor vehicles can be found on the IRS Web site at IRS.gov
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