Nissan Altima hybrid tax credit approved

The federal tax credit for the Nissan Altima hybrid has been determined by the IRS. The full credit for qualified consumers will be $2350. However, in order to qualify for the full tax credit, consumers will have to purchase the 2007 Nissan Altima hybrid by the end of March. Those whom buy the Altima hybrid between April and the end September will only receive half that credit, or $1175. During the last quarter of the year, the credit will be reduced to $587.50 (more).