Plug-in Conversion Credit & Estimated Taxes

If you pay estimated taxes and have converted your vehicle from a gas guzzler to a plug-in, check out this out:

According to the IRS, a new credit is available for converting a motor vehicle to a qualified plug-in electric drive motor vehicle. The maximum credit is $4,000, and will be claimed as part of the alternative motor vehicle credit.

For more information about what else is new in estimated taxes for 2009, check out our New for 2009: Estimated Tax Guide.