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Because i bought a qualifying alternative fuel car. So i am the owner of the car and responsible for insurance, maintenance, and other car ownership responsibilities. This makes me for tax credits, there are special ordering rules for which credit to take first. The alternative motor vehicle tax credit is a non-refundable tax credit. The credit will reduce your regular income tax liability, but not below zero. The credit will not reduce your alternative minimum tax, if that applies to you.Related
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