Frak!

Ack! We've been zapped by the Alternative Minimum Tax! Our double (but similar) incomes combined with our whopping tax shelters (2 kids + mortgage interest) somehow means we can only take about $1450 of the $3150 tax credit for the hybrid we purchased this year.

Of course, if we made over $750,000, we could take the whole thing.

S. F. Chronicle Article: Hybrid Tax Credit Bait and Switch