For a limited time, the Federal Stimulus Tax Credit gives you a credit of 30% of
the cost of qualified energy-efficiency improvements to your primary residence
(up to $1,500) made from January 1, 2009 through December 31, 2010. For
improvements such as insulation, the tax credit covers 30% of the cost of
materials up to $1,500. To qualify for the tax credit
• Energy-efficiency improvements must be installed from January 1, 2009
through
December 31, 2010
• Improvements must be for taxpayer's principal residence
• $1,500 is the maximum total amount that can be claimed for all
products placed in service
in 2009 & 2010
• Save your receipts and the “Manufacturer Certification Statement” for tax
record keeping purposes
• Improvements made in 2010 will be claimed on your 2010 taxes (filed
by April 15, 2011) —
use IRS Tax Form 5695
• Insulation must meet 2009 IECC (& Amendments) specifications: primary
purpose must
be to insulate the attic, walls, ceilings or other parts of the building shell
• For more information, visit the
U.S. ENERGY
STAR website
or simply request a FREE
consultation with our local experts.
• Note: This summary is for informational purposes only and should not
be considered
official tax information. Please see the
IRS web site for official tax guidance.
• IRS Notice 2009-53
Interim guidance for
Section 25C: Nonbusiness Energy Property
• IRS Notice 2009-41
Interim guidance for Section 25D: Credit for Residential Energy
Efficient Property
Federal Energy Renewal Tax Credits
• What: A 30 percent tax credit on solar energy systems, geothermal heat pumps, and small wind turbines. Primary residences and second homes
qualify. There is no cap on how much you can claim.
• When: Project must be completed by December 31, 2016
• Where: Existing primary residence
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