Tax Tip #247

Many maufacturers advertise certain products as energy savers. While that may be true, it doesn’t necessarily mean the product qualifies for a federal tax credit. 

To determine what qualifies, start by visiting Energy Star’s website, which offers a searchable product finder that lists the items eligible for the credit. The site also provides details on the percentage of savings and the cap, if any. 

When providing tax documents that include an energy-efficient purchase, be sure to provide a printout from the Energy Star site confirming the product’s eligibility.

You can find the Energy Star Rebate Finder here.