Tax Credits

Vicki Dimmich
Vicki Dimmich

Tax Credits

The Federal government has just extended some of the tax credits for energy efficiency that were to expire last year. If you are about to purchase new appliances, such as refrigerators, dishwashers, and washing machines,  you might want to check for the new rules on tax credits for that specific item. The credit is tied to the degree of efficiency based on government standards, so I won’t try to give you exact amounts but can range from $30-150.

They also extended credits for some types of home improvements, building materials, windows, insulation, etc, but the amounts are less than last year. It is still worth checking out, so that you are rewarded for doing good!

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