Feb 3, 2012
As a homeowner in Longview, TX, you may have heard about 25C Tax Credits offered by the Internal Revenue Service (IRS) for energy efficient home improvements and the installation of energy efficient air conditioning equipment. These 25C Tax Credits are back and now is the time for local homeowners to take advantage of this money saving opportunity.
Our heating and air conditioning service technicians at JD’s A/C LLC explain how you can qualify for these tax credits and how to arrange for the installation of a new energy efficient air conditioning system for your home.
For homeowners who made certain types of energy efficiency improvements in 2012, you may qualify for up to $500 in federal tax credits on your annual tax return. As part of Congress’ initiative to avoid the so called “fiscal cliff”, this tax credit was reinstated, as it had expired on December 31, 2011. The reinstatement of the tax credit allows for up to a 10 percent credit up to a maximum of $500 for home improvements that meet specific energy efficiency standards.
The energy efficient heating and air conditioning equipment must have been purchased in the years 2012 or 2013 for this tax credit. The qualifying air conditioners include these systems with the following energy efficiency standards:
Homeowners can also make other improvements under the tax credit, including the installation of qualifying roofs, windows, water heaters, insulation and doors.
In order to receive the tax credit for your purchase, you will need to complete IRS Form 5695 on the 2013 tax filing season’s forms. You will need documentation of the date and purchase amount for your home improvement. Installation of Qualifying Air Conditioners If you would like to take advantage of this tax credit before it expires, now is the time. We install qualifying air conditioners and heat pumps that meet or exceed the requirements for the credit. These HVAC systems will also lower your monthly utility bills.
At JD’s A/C LLC, we help homeowners in Longview TX enjoy lower utility bills and a greater level of indoor comfort. By providing energy efficient home improvements such as Energy Star rated air conditioning systems, we hope to ensure your comfort and help you enjoy the reinstated 25C tax credits on your 2013 tax return. Our team of professional heating and air conditioning service technicians has built a solid reputation for reliable, on time and affordable service that you can trust. For more information about energy efficient air conditioners and how to qualify for this tax credit, contact our service department at any time.