Going green does great good to your lifestyle. It has a positive effect on your taxes too. Here are some federal tax credits that ease your tax burden as well as help the environment:
In order to qualify for a credit, the vehicle or equipment must meet certain energy-related requirements such as the manufacturer’s certification that the requirements are met, and the purchase qualifies for a tax credit.
The Residential Energy Efficient Property Credit helps defray up to 26% of the cost of adding alternative energy systems to your home, and the labor to install the same for systems placed in service in 2020, 2021, or 2022.
