You may be able to claim a tax credit for 10% of the cost of energy-saving home improvements, up to a lifetime maximum of $500. There are lower limits on certain types of improvements, but by combining them, you could save up to $500. A credit is a direct reduction of your taxes, as opposed to a deduction on your income It is a dollar-for-dollar savings.
Energy Efficiency Tax Benefits for Home and Business
The tax benefits available for making energy-saving improvements in your home or your business include the following:
Tax credits for solar energy systems in residences,
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