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Energy-Efficient Home Improvements

August 12, 2009 By john

The American Recovery and Reinvetment Act put in place in 2009 gives taxpayers a new credit for energy-efficient improvements made to their homes in 2009 and 2010.  A similar credit was available in 2007, but not in 2008.  Home improvements qualifiying for this credit include the addition of insulation, energy-efficient exteriors windows and energy-efficient heating and air-conditioning units.

The credit is equal to 30% of the cost of the improvements, with a maximum credit available of $1,500.  This is a non-refundable credit and is only available to the extent that you have tax due.

Feel free to contact us to find out if your home improvement qualifies for this new tax credit.

Jessica Chisholm, CPA
Seattle/Bellevue Tax Accountants

Filed Under: Real Estate

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