ENERGY TAX CREDITS
Here's a great tax credit to catch while you enjoy that new 2016 system from ERA!!!
What it covers
Up to 10% of the cost to $500, or a specific amount from $50 to $300
$300 maximum credit available for qualifying central Air Conditioners, Heat Pumps, Packaged Units and Ductless Mini-Split Systems
$150 maximum credit available for qualifying Furnaces and Boilers
Qualification details
Equipment must be installed in an existing home and your principal residence; rentals or new construction do not qualify
If you claimed $500 or more for enhancements to your home’s exterior (windows, doors, skylights, insulation, roofing, etc.) from 2006 to 2014, your HVAC purchase made in 2012-2016 will be ineligible
If you claimed $500 or less, you may qualify for a credit, but you may not get the full dollar amount specified
