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Are the energy efficient tax credits limited by the Alternative Minimum Tax (AMT)?

April 26, 2017alternative AMT limited minimum tax tax credits

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Are the energy efficient tax credits limited by the Alternative Minimum Tax (AMT)?

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A. For 2009 the energy efficient tax credits are NOT limited by the AMT. “Section 25 D” products (which include geothermal, solar, and wind, at 30% with no upper limit) are NOT limited by the AMT at all.”Section 25C” products (which include insulation, windows, doors, roofs, HVAC, and non-solar water heaters, at 30% up to $1,500) are NOT limited by the AMT in 2009, but are currently limited by the AMT in 2010, unless Congress amends the law. Impoprtant disclaimer: The information contained herein is drawn from sources that are believed to be reliable, but it cannot be guaranteed as to completeness or accuracy. The content is not intended to be, and should not be relied upon as, tax, legal, health, or financial planning advice. Consult your professional for advice.