Earn Federal Tax Credits! The Federal Government is handing out rewards in the form of tax credits for those people who choose to switch to energy efficient appliances. A tax credit can provide significant savings. It reduces the amount of income tax you have to pay. Unlike a deduction, which reduces the amount of income subject to tax, a tax credit directly reduces the tax itself. You must refer to the final Internal Revenue Service (IRS) rules to determine what qualifies for the tax credit.
To see if you are eligable for a federal tax credit, follow these links:
Federal Tax Credits for Energy Efficiency
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