tax credit for 75% efficient biomass heating appliances is back!
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!
Westchester Home Improvement License #: WC-00285-H87 |
Putnam Home Improvement Contractor #: PC1897