Thursday, March 19, 2009

New tax credits... homes related

The TaxProf Blog has an interesting set of links worth checking out including info on the $8,000 first time home buyer credit and various credits for energy efficient home improvement things.


They include up to $1,500 in tax credits for adding qualifying windows, doors, insulation, roofs, heating and cooling equipment, water heaters and even wood and pellet stoves to your house in 2009 and 2010. Perks for installing pricier solar technology, small wind-energy systems or a geothermal-well system include a tax credit of 30% of qualifying expenditures with no upper limit through 2016.

Is happening.

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