Sunday, March 5, 2017

Personal Energy Property Tax Credit

If you make certain improvements like energy saving insulation, windows, doors and roof to your principal residence then you can take a tax credit for up to $500 on your tax return. The credit is based on 10% of such eligible costs. The $500 is a lifetime cap on the credit which has been available since the 2006 tax year. This credit expires after 2016.

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