I
imacman
Guest
Thanks to forum member "fataugie" for providing this link in another thread. I figured I'd make a new one so everyone who needs it won't miss it buried at the end of the other thread.
This is the link to the actual Form 5695 and it is interactive, so you can actually input figures on it, save it, and/or print it out.
www.irs.gov/pub/irs-pdf/f5695.pdf
The complete instructions are also included after the form. (I put the part that pertains to us below, and left out stuff that didn't pertain to pellet stoves)
The section needed by new stove owners is Section 3. All the amounts that pertain to the purchase price of the stove, pipe, hearth pad, installers costs, etc, are to be put on line 3a:
"TIP Lines 3a Through 3c
Also include on lines 3a through 3c any labor costs
properly allocable to the onsite preparation, assembly, or
original installation of the property.
Line 3a. Enter the amounts you paid for energy-efficient building
property. Energy-efficient building property is any of the following:
• A stove that uses the burning of biomass fuel to heat your home or
heat water for your home that has a thermal efficiency rating of at least
75% as measured by using a lower heating value. Biomass fuel is any
plant-derived fuel available on a renewable or recurring basis, including
agricultural crops and trees, wood and wood waste and residues
(including wood pellets), plants (including aquatic plants), grasses,
residues, and fibers."
This is the link to the actual Form 5695 and it is interactive, so you can actually input figures on it, save it, and/or print it out.
www.irs.gov/pub/irs-pdf/f5695.pdf
The complete instructions are also included after the form. (I put the part that pertains to us below, and left out stuff that didn't pertain to pellet stoves)
The section needed by new stove owners is Section 3. All the amounts that pertain to the purchase price of the stove, pipe, hearth pad, installers costs, etc, are to be put on line 3a:
"TIP Lines 3a Through 3c
Also include on lines 3a through 3c any labor costs
properly allocable to the onsite preparation, assembly, or
original installation of the property.
Line 3a. Enter the amounts you paid for energy-efficient building
property. Energy-efficient building property is any of the following:
• A stove that uses the burning of biomass fuel to heat your home or
heat water for your home that has a thermal efficiency rating of at least
75% as measured by using a lower heating value. Biomass fuel is any
plant-derived fuel available on a renewable or recurring basis, including
agricultural crops and trees, wood and wood waste and residues
(including wood pellets), plants (including aquatic plants), grasses,
residues, and fibers."