Any tax experts on this board?
Last year, I bought a 2007 Chevy Silverdo 4x4 with the 5.3L "alternative fuel" engine. This is the one that can use either regular gasoline, or E85 (E85 is a blend of 85% ethanol and 15% gasoline).
In doing my taxes over the weekend, I see that you can get a tax credit for alternative fuel vehicles. But I can't figure out if this truck qualifies.
The IRS form (Form 8910) lists some of the vehicles which qualify, and they list the 2007 "Silverado 4WD Hybrid pickup truck". But I don't thick Chevy makes a true hybrid (gas and battery) pickup truck, do they? I wonder if the IRS means the E85 truck, even though they said "hybrid".
Does anyone know?