Green Tax Credits For The Taking
Looking for ways to reduce your tax liability for 2009? Well, hang on to your girdle, Myrtle. We’ve got great news! You can rack up the tax credits (a credit is a whole lot better than a deduction) by making energy-efficient home improvements or by purchasing a hybrid vehicle this year.
The Benies:
Get a piece of the pie: $14 billion in tax credits is reserved through ’09 or ’10 for people who green their homes, buy hybrids, or go solar.
Get a piece of the pie: $14 billion in tax credits is reserved through ’09 or ’10 for people who green their homes, buy hybrids, or go solar.
Lower your gas and electric bills: Whether you replace your car, or the windows in your house, the greener models will save you money every month, for as long as they are in service.
Show and tell: What could be sexier than an energy-saving water heater or a plug-in hybrid electric vehicle? Garner the envy of your friends and neighbors, plus get cash back (up to $7,500 for electric hybrids; up to $300 for water heaters).
Wanna Learn More?
Tax Credits for Alternative Fuel Vehicles: Find out which models qualify and the credit amounts. Note: There are a limited number of credits available, so don’t wait too long to buy.
State Incentives for Renewables & Efficiency: See what additional credits your state offers.Sign Up For Newsletter
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