Erick
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Posts posted by Erick
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It seems to me, however, that if you apply the actual law in context, and if the taxpayer elects instead to take the percentage (or 10%) of the total overall purchase cost, that is by definition, excluding that portion (90%) of the vehicle which operates on gasoline or diesel. Correct?
LOUISIANA PREPARERS
in General Chat
Posted
Hello Cathy-
How are you calculating the credit? Is it 20% of 10% of the purchase cost? Or just 10% of the purchase cost? I've heard both of these methods discussed.