Tax Credits For Consumers
Tax credits are available at 30 percent of the cost, up to $1,500 (for existing homes only) for:
Windows and Doors
Insulation
Roofs (Metal and Asphalt)
HVAC
Water Heaters (Non-Solar)
Biomass Stoves
Tax credits are now available for home 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 for most home improvements, EXCEPT for geothermal heat pumps, solar water heaters, solar panels, fuel cells and windmills which are not subject to this cap.
Must have a manufacturer certification statement to qualify.
For record keeping, save your receipts and the manufacturer certification statement.
