Did you install a qualifying EnergyStar product (not all EnergyStar products qualify for a tax credit) from one of the following categories in your primary residence on or before December 31, 2010:
Non-solar Water Heater
Metal or asphalt roof
Geothermal heat pumps
Residential wind turbines
Solar energy systems
Residential fuel cells
If so, you may be eligible for a tax creditof up to 30% of the cost. You will need your purchase receipt and the “Manufacturer’s Certification Statement” from the manufacturer certifying that the product qualifies for the tax credit. (You need to keep these for your records but you do not need to submit them with your tax return). You will also need IRS form 5695. Visit EnergyStar.gov for more detailed information.
If you did not install EnergyStar products in 2010 or you have not exceeded the new lifetime limits, don’t worry. Many of the green tax credits have been extended until the end of 2011 or 2016.
Melanie Dawn Molina Wood is a Miami native currently living in the historic downtown district. She has earned her LEED Green Associate accreditation, the NAR GREEN designation, and an Eco-broker credential. She is also a proud member of the US Green Building Council, and a member of the Sierra Club. For more information about sustainability in Miami, or to connect with a real estate agent anywhere in the world, contact Melanie Dawn by text/phone at 305.801.3133, or by email at MelanieDawn@MelanieinMiami.com
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