What are Federal Tax credits for Energy Efficiency?
These tax credits are for homeowners that purchase and install specific energy saving products in their homes between January 1, 2009 and December 31, 2009. These tax credits would be applicable on your 2009 tax return. Consult with a qualified tax advisor for full eligibility requirements. A tax credit can provide substantial savings. It reduces the amount of income tax you have to pay, if you owe at the end of the year. If you are getting a refund, you could increase your refund amount by up to $1500!