$300 tax credit for 75% efficient biomass heating appliances is back!
1/1/2012 thru 12/31/2013

The federal tax credit on 75% efficient biomass heating appliances, which expired on Dec. 31, 2011 was reinstated by the “fiscal cliff” legislation. The bill includes a “tax extender”, which provides a tax credit for qualifying biomass-burning stoves. The extender provides a 10% tax credit of up to $300 on a qualifying biomass heating appliance purchased between Jan. 1, 2012 and Dec. 31, 2013. The credit claimable on the purchase or installation of qualifying biomass units is limited to a “lifetime limit” of $500. See a sales person to see which stoves qualify!