2009 STIMULUS TAX CREDIT INFO

As with any tax issues, be sure to check with your tax advisor before filing! This page is intended to be a helpful guide to remove some of the mystery of the stimulus package and should not be viewed as legal tax advice.

CLICK HERE TO SEE THE STIMULUS RESIDENTIAL TAX CREDIT RULES MADE SIMPLE. Includes the changes broken down into easily understood sections, as well as addressing many frequently asked questions.

HOMEOWNERS- Did you know that the government stimulus package now provides a tax rebate of up to 30% (maximum of $1500) on qualifying equipment?

AND FOR COMMERCIAL BUILDING OWNERS...

Commercial buildings IRS rules for qualifying deductions on energy efficiency

(in short, if you have multiple commercial buildings of similar construction and can prove a 16-2/3% decrease in energy usage by changing the HVAC, boiler, or hot water system in one of them, you can qualify for a $.60 per foot deduction!)

SO...DOES YOUR EQUIPMENT QUALIFY?

Click here for the complete energystar ratings equipment page (showing general tax rebate information on all categories including furnaces, air conditioners, water heaters, boilers, and even construction materials such as windows and doors)

Click here for a quick overview of qualifying efficiencies for the products WE install

BE CAREFUL! YOU NEED MORE THAN JUST EFFICIENCY RATINGS TO QUALIFY!!

SEER ratings, efficiencies, and electrical ratings are NOT ENOUGH PROOF that you qualify. You MUST have an ARI CERTIFICATE to validate that your combination of equipment qualifies. How do you get one? By us, the contractor, providing that for you! REMEMBER- IF YOUR CONTRACTOR DOESN’T PROVIDE THIS RATING IDENTIFICATION NUMBER AT THE TIME OF YOUR INSTALLATION, YOU DO NOT QUALIFY FOR THIS TAX CREDIT! Don't be mislead by others simply claiming that you will get your credit.

(GAMA certificate example)

AND FINALLY, WHAT DO YOU NEED TO FILE??

Click here for the 2009 IRS 5695 tax form to file with your tax returns. Visit http://www.irs.gov/ and search form 5695 for specific details and legal information on how to fill out this form and how to file with your tax advisor.

2009 Tax Stimulus Credit Information