For you homeowners out there looking to get an incentive$ on an energy efficient improvement to your home, time is running out if you want to claim it on your 2009 taxes.To be able to apply the tax credit to your 2009 taxes, you must act before the deadline of DECEMBER 31st, 2009. Be able to celebrate that new year knowing that you took advantage of the best incentive to help save energy that we've ever been offered.Already have in mind something you are looking to upgrade?Check the Energy Star's Federal Tax Credits for Energy Efficiency page for FAQs and details about what will qualify.Come tax time, use the most recent draft from the IRS form for Residential Energy Tax Credits.Remember, you'll need a manufacturer's certification statement for any products you intend to get a tax credit reimbursement. Many companies have their certification statements online.$1,500 is the maximum applicable tax credits that can be claimed for most home improvements, EXCEPT for geothermal heat pumps, solar water heaters, solar panels, fuel cells, and small wind energy systems which are not subject to this cap, and are in effect through 2016!
Click here to read more