Tax Credits
Geothermal
Heat Pumps
Energy
Star geothermal heat pumps qualify for a 30% Federal tax credit with no
upper limit. The tax credit applies to the equipment cost and
installation. Existing homes and new construction
apply.
Principal residences and second homes qualify, but rentals do not
qualify. The tax credit expires December 31,2016.
These are not tax deductions that lower your taxable income, tax
credits lower your taxes owed.
Paperwork
Alpine
will provide you with a certificate that your product qualifies for the
tax credit. The certificate along with our invoice will be
used
by your tax preparer to properly file for the tax credit.
The Disclaimer and for More Information
Check
with your tax preparer to ensure your situation will qualify for the
tax credit. Visit www.energystar.gov to learn more about the
energy efficiency tax credits.
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