Tax Benefits of Using a Water-Driven Car

Learn How to Convert Your Car to Run on Water Here


A water driven car is basically a misnomer since there is no car yet which runs only on water. Yet, you can run your car on a hybrid which consists of water and a conventional petroleum based fuel.

Your current car can be converted into a water driven car by simply adding a few parts into the car hood. You can easily do it yourself without the help of any expert or mechanic. As you can easily visualize that a water driven car will cut short you gas expenses to a huge extent in addition to providing satisfaction of an environment conscious being.

By driving a water powered car, not only are you doing your bit in improving the environmental conditions by reducing green house gas emissions but also helping the national economy by reducing our dependency on oil producing foreign nations. Moreover, you are also helping our government by reducing federal spending on pollution control and other human health concerns.

Due to the mounting pressure on US government to embrace alternative fuels, the IRS in 2005 started giving rewards for green upgrades, green cars and green fuels.

According to the new guidelines, you could get upto $2000 for a car or upto $50,000 dollars for a truck in case you are adopting green technology. Given below are the exact guidelines for this:

"Deduction limit. The maximum deduction you can claim for qualified clean-fuel vehicle property with respect to any motor vehicle is one of the following.
1. $50,000 for a truck or van with a gross vehicle weight rating over 26,000 pounds or for a bus with a seating capacity of at least 20 adults (excluding the driver)

2. $5,000 for a truck or van with a gross vehicle weight rating over 10,000 pounds but not more than 26,000 pounds.



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