Uncle Sam will pay for your golf cart
A tax credit will cover part or all of the cost if it’s a ‘street-legal’ vehicle.
Time is running out to get your free golf cart. OK, a golf cart that’s “street-legal.” You have until Dec. 31 to take title of one to claim a tax credit for at least part of the purchase price.
We thank Kathy Kristof, personal-finance columnist at CBS MoneyWatch, for reminding us of this odd tax credit, created in 2008 as part of the Wall Street bailout and extended this year.
Here’s how this works: