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Drive a Green Car and get a Huge Tax Refund

By: Steven M

It is possible to power your car with water,(in case you don't know). With the right guide and the right devices, you can actually modify your car to run on water from the comfort of your home.

The beauty of a water powered car, apart from the fact that you can put it together yourself and it saves you a ton of money on fuel, is that you can actually get an IRS refund for owning one.

You will be helping our National economy by reducing government spends on pollution, hospitals, sick days, etc. by driving a water powered car (also known as a "green" car)

And most importantly, you help to reduce our national debt in imported oil, not to mention the painful price of economic dependability on oil.

Since 2005 the IRS begun giving considerable rewards for "green" cars, "green" fuels and "green" upgrades. Below is word for word text out of the new IRS code:

You can get up to $2,000 for a car, or up to $50,000 for a truck. Below is the "Deduction limit. The maximum deduction you can claim for qualified clean-fuel vehicle property with respect to any motor vehicle is one of the following.

1. A truck or van with a gross vehicle weight rating over 26,000 pounds or for a bus with a seating capacity of at least 20 adults (excluding the driver). $50,000

2. For a truck or van with a gross vehicle weight rating over 10,000 pounds but not more than 26,000 pounds, $5,000

3. (1) or (2) not included, $2,000 for a vehicle

But of course you must provide receipts that show your costs in installing and setting up your water powered car.

You would only need to spend very little money to install the device in your car with the right information, that will make it run on both water and gas thereby reducing the consumption of gas. So If you are thinking that it will cost you a fortune to set up water powered cars, think again.

Article Source: http://articlebob.com

Make sure you see Steven M's High powered squidoo site and learn how you can your double your fuel mileage by converting your car into a water car Get free info and learn to modify your car to run on water and gas

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