September 16, 2011
Tax Credits For Energy 2011
Home improvements for energy efficiency will lower your utility bills and will also lower your tax bill through energy tax credits. Here are some of the energy efficient home improvement items that qualify for energy tax credits for 2011:
TurboTax Online will make sure you get the full tax credit for your energy efficient home improvements. Online tax software such as, TurboTax Online will take your information and put it in the correct tax forms for you! Energy tax credits can be complicated with all of the qualifications for eligibility so, do yourself a favor and let TurboTax do all the hard work for you.
Tax Credit: 10% of cost up to $500 or a specific amount from $50 – $300
Expires December 31, 2011 – Must be your existing home and your main residence
You must do your research before you buy energy efficient products. Just because the product says ENERGY STAR does not mean it automatically qualifies for the energy tax credit. Of course it’s always good to buy ENERGY STAR products because you will have lower utility bills. You can visit the ENERGY STAR web site to see the list of qualifying products for the energy tax credit for 2011. You can visit the web site of the U.S. Department of Energy for some valuable energy tax credit information.
Visit TurboTax Online today to get the full energy tax credit you deserve!
The 2011 energy tax credit for water heaters is 10% of costs up to $500 or a specific amount up to $300. The water heater must be placed in your existing home and it must be your principal residence. The energy efficient water heater can be a gas, oil, or propane water heater. The 2011 energy tax credit for water heaters expires on December 31, 2011. Please visit Easy Income Tax Filing Online to learn more about tax credits for energy.

















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