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Doing It Yourself
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Homeowner Tax Credits - Quick Guide.
Tax credits are available at 30% of the cost, up to $1,500 this year, 2010, for existing homes only as it relates to the following:
• Windows and Doors
• Insulation
• Roofs (Metal and Asphalt)
• HVAC (Heating, Ventilating, and Air Conditioning)
• Water Heaters (non-solar)
• Biomass Stoves
Tax credits are available at 30% of the cost, with no upper amount limit through 2016 for existing homes and other construction projects as it relates to the following:
• Geothermal Heat Pumps
• Solar Panels
• Solar Water Heaters
• Small Wind Energy Systems
• Fuel Cells
You may need a Manufacturer’s Certification, IRS Tax Form 5695 (2009 version), and your purchase receipts.
A Manufacturer’s Certification is a signed document from the manufacturer certifying that the product or component qualifies for the tax credit. Manufacturers provide these certifications on their website or some other medium to help identify qualified products. You must keep a copy of the certification statement for your record, but you do not have to submit a copy with your tax return.
Find state-by-state Solar Panel System Incentives.
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Green Improvments such as geothermal heating/cooling systems and solar panels can save you much in the long run AND will qualify you for some nice tax deductions (not to mention the earth friendly benefits). But a lot can go wrong if you don't seek the help of a qualified green contractor.
Find one now.
Houses built from straw with the help of other materials can be made as sturdy, fire resistant and weather resistant as traditional homes.
Learn How it's Done.