February 1, 2013
● by
Chris SAL
Air conditioning companies across the country have spent the past couple of weeks trying to alert homeowners about the 25C tax credit. At Champion AC, we’ve tried to do our part with blogs about the 25C tax credit and specifics of the AC systems that qualify. In case you haven’t heard about it, this is a tax credit of up to $500 for energy-efficiency home improvement projects made during 2012. This tax credit originally expired at the end of 2011, but it was reinstated a few weeks ago as part of the deal to avoid going off the ‘fiscal cliff.’
Here’s the update. This week the IRS released the form homeowners will file to claim the tax credit. Download and print Form 5695.