So today I painfully did my taxes. I used the turbo tax so it was surprisingly easy. They came to a portion that showed me about tax rebates for green renovations done to your home. I wanted to post them as a guide for what to expect a rebate on your return for, and what not too. It would be a wise list to know because when purchasing a product and thinking it will give you money back, you might be wrong. Here is the list:
Green renovations you can claim
solar water heating costs
solar electric costs
fuel cell property costs
small wind energy costs
geothermal heat pump property costs
qualified central air conditioners
certain advanced main air circulating fans
exterior doors, extrerior windows and skylights
metal or asphalt roofs with qualified coatings
insulation material or system to reduce heat loss
certain electric heat pumps water heater, electirc heat pumps
natural gas, propane or oil furnaces or oil hot water boilers
Green Renovations that cannot be claimed
certain energy star labeled products
energy saving light blubs
low flow showerheads
low flush toilets
So I was a little shocked to see some of the energystar appliances cannot be claimed, It would be a good question to ask when buying one. The low flush showerheads and toilets, should be on the list, but aren’t. The government must consider them too low of a cost to report. Even so, keep up the good work of renovating in a positive way!
greenlif3 