Residential Alternative Energy System Tax Credit
Repealed by S.B. 399. Credit is unavailable for installations in beginning in 2022.
Residential taxpayers who install an energy system using a recognized non-fossil form of energy on their home after December 31, 2001 are eligible for a tax credit equal to the amount of the cost of the system and installation of the system, not to exceed $500. This cap is for individual taxpayers, so married taxpayers filing jointly can get a tax credit of up to $1,000 per household. The tax credit may be carried over for the following four taxable years.
Recognized non-fossil forms of energy
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