So you purchased a Chevrolet Volt in the last year and with tax season rapidly approaching you find yourself wondering “how do I apply for that $7,500 federal tax credit I’ve heard about?”

While Chevrolet and General Motors do not offer tax advice, we are happy to let you know that 2011-2013 Volts qualify for the $7,500 max credit according to the IRS website. Click here for the form you may need when applying for the federal tax credit.

If you’re curious about other attractive state and local tax incentives relating to the purchase of a Volt, head here for a helpful tool we’ve created.

For tax questions and advice, please consult your accountant/CPA.

Disclaimer: General Motors is a client of Digital Roots
The employees of Digital Roots received quite a shock during their holiday party last December when a large curtain was pulled back and there was jolly old Santa Claus (who looked a lot like their accountant) standing next to a black 2012 Chevrolet Volt. They learned that the sleek new Volt would help the company achieve the environmental tier of their social responsibility mission and allow them to cut down on fuel consumption.
 
Digital Roots is a social Customer Relationship management Company (CRM), focusing on client engagements by providing exceptional service for customers online through the development of social listening technology software. Their clients involve several Fortune 500 companies in automotive, hospitality, real estate and financial industries, including the Big 3 automakers. So, why did Digital Roots choose a Chevy Volt?
 

Disclosure: EPA-estimated 38-mile range based on 98 MPGe (electric); 342-mile range based on 35 MPG city/40 highway (gas). Actual range varies with conditions. Volt owners on average, by charging regularly, are driving 900 miles between fill-ups.

We decided to purchase the Chevrolet Volt after test driving a friend’s Volt. At the time, we were driving a 2005 Subaru Legacy that had more than 100,000 miles on it. After experiencing the Volt, I took a closer look at the amount I was paying in gas every month. Since my daily commute was within the battery’s electric range, the decision to lease the Volt was an easy one for our family. Now, we get to drive a vehicle that is equipped with some of the latest and greatest technologies! My enjoyment for the car is nothing compared to the love my nine-year-old daughter feels for the Volt. She was so excited to receive the Volt book in the mail that I have not even had a chance to look at it yet. After school, instead of asking to watch TV, she reads that book!

Our Volt is so much more than a form of transportation. It has turned into a life lesson that I did not expect. The Volt provides a great opportunity to teach our daughter about the environmental impact of driving electric, as well as the financial savings of not having to buy gas. As a father, sometimes I have a hard time bonding with my daughter over shoe shopping or hairstyles. What we can bond over is our appreciation for the Volt; it gives us something we can both be excited about.

Since we purchased the car in July, 2012, we have driven more than 5,000 all-electric miles and have used less than 15 gallons of gas. Owning a Volt has been a truly great and rewarding experience!

Steve Jasman – Chevrolet Volt owner