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Tax credit-off highway use for boat

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    #1

    Tax credit-off highway use for boat

    Have the rules changed after 2006 for this credit. Client received letter from IRS disallowing claim for $75.00. They say refunds under $750.00 are not allowed. I'm looking for code section!
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    #2
    Originally posted by mesha View Post
    Have the rules changed after 2006 for this credit. Client received letter from IRS disallowing claim for $75.00. They say refunds under $750.00 are not allowed. I'm looking for code section!
    If not a fishing vessel, it is moot. IRC 6421(e)(2)(B).

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