Washington (Sept. 9, 2002) -- The Internal Revenue Service has certified two more hybrid gas-electric automobiles as eligible for the clean-burning fuel deduction.

Purchasers of a new Honda Insight for model years 2001, 2002 and 2003 and purchasers of a Honda Civic Hybrid for model year 2003 will be able to claim a deduction of $2,000 for the year that the vehicle was first put into use.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access