Pellet stoves & Fed. Tax credits revisited......EDIT! PLEASE READ!!

Hey everyone. Was just looking on NorthLine Express in reference to another thread here, and saw a link they had that explains the tax credit pretty clearly....I didn't realize it was extended until the end of 2010.

Here's the link.....hope it helps a lot of people save from sending more of their hard earned $$ to Washington...they have more of it than they should already:

www.northlineexpress.com/consumer-tax-incentives.asp


EDIT:

I realized that when I read the wording of the tax credit, it states that "The home improvements tax credit applies for improvements "placed in service" from January 1, 2009, through December 31, 2010".

I researched the Energy Star website, and according to the IRS, "placed into service" means:

"The IRS defines "placed in service" as when the property is ready and available for use. So, it's not when you purchase windows or HVAC system, but the day they are installed and able to be used."

So in effect, even if you bought your stove in 2008, if it wasn't "installed and ready to operate" until Jan. 1, 2009 or later, it still qualifies for the 30% tax credit.

Since I installed my stove myself, I'm pretty sure it wasn't until Jan. '09 that I finally had everything hooked up correctly, even though I bought it in '08. :cheese:

BUMP BUMP

Yep HoverFly, you should be good to go for the credit.

Hope a LOT of my fellow pellet heads see this, and keep more of their hard earned $$ in their own pockets and away from Washington, DC

Tax credit info from Travis Industries. Both pages have a link to open a copy of the Efficiency Certificate that you need to have (PDF file)

Avalon: www.avalonfirestyles.com/taxcredits/

Lopi: www.lopistoves.com/taxcredits/

geek said:

....yeah....right....LOL

Click to expand...

Geek, what are you trying to say?????????

stoveguy2esw said:

.....hey web, how bout a "link sticky" so all can be posted in one place???? everyone can add the applicable link for what they bought, sell whatever?

Click to expand...

Good idea, Mike.