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Heres everything you oughta know about the Energy Efficient Home Improvement Credit.
The credit allows you to claim up to 30% of qualifying expenses (including installation charges).
The maximum total energy-efficient credit for the year is $3,200.
Upgrading a few windows for another $2,500 could net you another $600.
Combine that with insulation updates or an energy audit, and you couldmax out the total creditat $3,200.
Energy-Efficient Home Improvements That Qualify
There are only certain energy-efficient improvements that qualify for the tax credit.
Keep in mind that they all must meet Energy Star requirements.
The audit must include a written report and be performed by a certified home energy auditor.
Qualifications can be found on theDept.
Plus, a side benefit of upgrading your home to energy-efficient products should be lowerutility bills.
Takeaway
Finding and working with a financial advisor is a great idea.
A financial advisor will help keep track of your finances and assist you in attaining your financial goals.
Get to know your Financial Advisor options today for Free!
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