2010 Tax Credit Information

What is a tax credit?

Unlike a deduction, which reduces the amount of taxable income, a tax credit directly reduces the tax itself. A tax credit can amount to considerable savings on your tax return. http://www.energystar.gov/

What is the 30% energy tax credit?

The federal government has created the Energy Tax Credit in order to benefit those who purchase and install specific types of energy efficient product in their homes. The credit applies to purchases and improvements made between January 1, 2009 and December 31, 2010 and may be as high as $1500.

How do I know which products are eligible?

This credit applies to certain products, including doors, windows, insulation and other high performance products. To figure out if your purchases apply, simply enter the SKU of the item, found on your receipt, or visit http://www.energystar.gov/ for eligible Products.

Where can I purchase qualifying products?

has a large selection of high efficiency products for your home. The purchase of these products can mean huge savings in your energy bills, even without the tax credit. They also conserve our natural resources.

What do I do to qualify for the Tax Credit?

For tax filing purposes, simply save your receipts when you purchase a qualifying item.