Income Tax

Energy-efficient Home Save Money At Tax Time

Energy-efficient Home Save Money At Tax Time


< 18-Apr-09 07:44 PM >
Energy-efficient home upgrades save money at tax time

Before you put your 2008 tax documents away, think about the $1, 500 you could save on next year's returns if you added extra insulation or a skylight

Congress tripled the tax credit for energy-efficiency home improvements when it passed the latest stimulus plan. The tax credit now covers up to 30 percent of the cost of products installed this year and next

The list of big-ticket items it covers is long: windows, outside doors, metal or asphalt roofs, heating and cooling equipment and fuel-cell batteries, among others.

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