Links to Tax Information Websites - Energy Tax Credits

Energy Tax Credits for Manufactured Homes : IRS_Guidance_Notice_mfg_housing06_28.pdf

The Tax Information Assistance Project : Tax Information Assistance Project or TIAP

Residential Energy Network: Treasury & IRS Guidance on Energy Tax Credits

The Treasury Department and the IRS have now issued guidance on the certification that homeowners may rely on when they claim credits for purchases that make their homes more efficient.

During 2006, individuals can make energy-conscious purchases that will provide tax benefits when filling out their tax returns next year. The credit will also be available for purchases in 2007.  Manufacturers offering energy efficient items such as insulation or storm windows can assure their customers that their energy efficient items will qualify for the tax credit if certain energy efficiency requirements are met.

A recent tax law change provides a tax credit to improve the energy efficiency of existing homes. The law provides a 10 percent credit for buying qualified energy efficiency improvements. To qualify, a component must meet or exceed the criteria established by the 2000 International Energy Conservation Code (including supplements) and must be installed in the taxpayer’s main home in the United States.

A downloadable document in PDF format will help explain the energy tax rules and guidelines. This document is referred to as "Notice 2006 - 26" and you can download it by clicking here

Highlights of the Energy Policy Act of 2005 for Individuals : IRS Highlights Article

During the calendar years of 2006 and 2007, individuals can make energy-conscious purchases that will provide tax benefits when filling out their tax returns for next year. The new law provides tax credits for making your principal residence, which must be in the United States, more energy efficient and for buying certain energy efficient items. At the same time the law provides credits for various types of alternative motor vehicles, including hybrids.