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What are tax credits for energy-saving improvements?
I hear about a 15% credit and a 30% credit. What is difference? Are credits for 2010 and 2011?
2 Answers
- Anonymous1 decade agoFavorite Answer
Credits were for 2009 and 2010. 2 years to get 30% credit of up to $1500 for home improvements.
Solar requires big bucks and runs til 2016.
energystar.gov and click on 1040 icon.
- troLv 71 decade ago
each of the energy credits has a different amount, check the appliance you are planning to install, in some cases they are only credits so if you don't have a tax liability, you don't reap anything--happened to me