06 Sep '11, 8pm

If you purchase an energy-efficient product for your home, you may be eligible for a federal tax credit. Learn more:

Visit the IRS website to obtain the correct forms for the tax year you are filing. For example, claim improvements made in 2010 on your 2010 taxes, filed by April 18, 2011. Use the following forms: For renewable and efficiency credits: IRS Form 5695 . For alternative motor vehicle credits: IRS Form 8910. Also download instructions for form 8910. For qualified plug-in electric drive motor vehicle credits: IRS Form 8936 . Save your receipts, or make copies of them, and the Manufacturer Certification Statement for your records. NOTE: The credits are nonrefundable—in other words, the credits are only available to the extent you have a tax liability. The credits for home energy improvement products eligible through 2011 may be limited if you are subject to the AMT. Tax credits can only be claimed once, and are limited to the year in which they are purchased: If you claimed a ho...

Full article: http://www.energysavers.gov/financial/70010.html

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