THE INSULATION DOCTOR...
owned and operated a corporate
insulation contracting business
for over 25 years.
He currently is a consultant
for the industry and is here to help you
with any aspect of energy savings
and adding comfort to your home.
The Insulation Doctor lives in Michigan,
one of the coldest parts of the US,
and retired to Florida,
one of the warmest parts of the US.
FEDERAL ENERGY INCOME TAX CREDITS
NEWS FOR THE 2015 and 2016 TAX SEASON
If you waited until 2015 to make energy-efficient upgrades, you may be in luck. You can claim up to $500, cumulatively, in tax credits for energy-efficient upgrades involving the following:
EXTERIOR DOORS AND WINDOWS
HEATING AND COOLING
REMEMBER! A TAX CREDIT...
comes off the bottom line of what you owe to the IRS and is NOT just a deduction from your income.
This tax break is cumulative from previous years.
If you already claimed $400
worth of equipment in prior tax years,
you will have only $100 left
for the 2016 tax season.
The extension of these tax provisions will help some home owners for 2015,
however, there is no guarantee that Congress will renew them for improvements made in the 2016 tax year.
More information is available at
This website is continually being updated with new information
and with published answers to your questions.
Click HERE for the Insulation Doctor Question Page.
Disclaimer: The material on this website is to be used for informational purposes only and is not meant to substitute for any particular application due to geographic location and other unknown variances. Links to other websites are included for the user's convenience only and do not constitute an endorsement of the material on those sites.