Upgrades to your home can not only increase the value of your asset, but also save you money in utility bills and taxes! The “Non-Business Energy Property” credits have been extended through December 31, 2021 and offer a great opportunity for homeowners this year.
Ready to get started? Here are the types of home upgrades that qualify and the credit amounts you can expect to get.
Visit Blue Energy Star for specific details on each of these qualifying items, and when shopping, don’t forget to look for their logo!
The tax credit amounts are:
The tax form that you would file to claim these credits is IRS Form 5695. You can find out more details on this here.
Now that you know your options, be sure to consider these upgrades when making the next investment in your home. Feel free to reach out to me with any questions you may have about qualification or the filing process.