Hundreds of dollars are just sitting there waiting for you to claim it.  These would be Tax credits for high-efficiency HVAC and Water Heating equipment purchased in 2012. 


If you purchased a new system in 2012 that meets the criteria for a tax credit!  See below…..


Jan. 4, 2013: Legislation Retroactively Extends 25C Tax Credits for HVAC and Water Heating


WASHINGTON — Legislation that Congress passed and President Obama signed into law to avoid the so-called “fiscal cliff” also retroactively reinstated the 25C tax credits for high-efficiency HVAC and water heating equipment that expired at the end of 2011. The Air-Conditioning, Heating, and Refrigeration Institute (AHRI) reports that the legislation extends the tax credits from Jan. 1, 2012 through Dec. 31, 2013, for qualified equipment listed in Section 25C of the Internal Revenue Code. Because the credits were made retroactive to Jan. 1, 2012, they can be used for qualified equipment that was installed any time during the past year as well as going forward in 2013.

UPDATE: Tax credits for qualifying equipment have been reinstated as of 1/2/2013. The bill extends the HVAC tax credits that expired in 2011 until Dec. 31, 2013.

Water heaters: $300 tax credit
Qualifications:
• Electric heat pump water heaters with energy factor of 2.0 or greater.
• Natural Gas, Propane, or Oil water heaters with energy factor greater than 0.82 or a thermal effi¬ciency of 90% or greater.

Furnaces: $150 tax credit
Qualifications:
• Natural Gas, Propane, or Oil furnaces with an AFUE of 95% or greater.

Boilers: $150 tax credit
Qualifications:
• Natural Gas, Propane, or Oil boilers with an AFUE efficiency of 95% or greater.

Air Conditioning and Heat Pump Systems: $300 tax credit
Qualifications:
• Split system central air conditioning units with 16 SEER; 13 EER ratings as of January 1, 2009.
• Packaged central air conditioning units with 14 SEER; 12 EER ratings as of January 1, 2009.
• Split system electric heat pump units with 8.5 HSPF; 12.5 EER; 15 SEER ratings as of January 1, 2009.
• Packaged electric heat pump units with 8.0 HSPF; 12.0 EER; 14 SEER ratings as of January 1, 2009.

Advanced Main Circulating Fan: $50 tax credit


Visit www.energystar.gov for additional information and claim forms.

 

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