What if you could make home improvements that increase your comfort, lower your energy costs, add value to your home, and do something good for the environment? And what if you could get some money back from Uncle Sam at the same time? A Royal Air Systems consultant can show you how.
New Tax Incentives
for Homeowners
|
Why You Should Consider An UpgradeAdvances in technology over the last ten years mean that today’s higher efficiency HVAC equipment uses less energy, runs more quietly, and provides improved indoor air quality and comfort. And by using less energy and improved refrigerants, your new HVAC equipment is better for the environment. Most homeowners would like to reduce their energy bills with higher efficiency HVAC equipment, and these tax credit help make the initial investment more affordable. Talk to your Royal Air Systems consultant about finding the right qualified equipment that meets your budget. They can show you how much energy (and money) you could save over the long term. |
Questions?Every taxpayer’s situation is different. We can’t guarantee tax credits. But your Royal Air Systems consultant can help you figure out what equipment qualifies and how it can work for your comfort, health, and pocketbook. With that in mind, we have included our answers to several common questions. |
|
If I claimed $500 in tax credits in 2006 or 2007 under the previous tax credit program, am I still eligible? Yes. The new law removes the lifetime caps so you are eligible. |
|
When and how do I claim the tax credit? Claiming the tax credit is easy— you only need to file a simple IRS 5695 form with your tax return. Speak with your tax advisor. The manufacturer of the equipment will provide a certificate you should keep on file. |
|
Can I claim $1500 in tax credits for improvements made in 2009 and again for improvements made in 2010? No. You can only claim a total of $1500 in tax credits for improvements made in the combined two year period of 2009 and 2010. |
|
