|To the Editor: 'Clunkers' rebate is not taxable at federal level|
|Written by Jill Creps|
|Thursday, 08 October 2009 07:22|
My recent letter to the editor regarding the Cash for Clunkers program contained a piece of misinformation. I was incorrect in saying that the Cash for Clunkers rebate was taxable at the federal level. In actuality, it is at the state level where it can be taxed, and it is dependent upon each individual state's laws. My apologies for the mistake.
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