Correcting the Chatter: For Consumers, No Federal Tax Due on Clunkers Rebate

Some Web sites are claiming that the cash-for-clunkers rebates will be taxed as income by the I.R.S. But it’s not true.

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Correcting the Chatter: For Consumers, No Federal Tax Due on Clunkers Rebate

Tagged as: Cash for Clunkers, Industry News