Tax Credit for Pellet Stove/Fuel?

Post in 'The Pellet Mill - Pellet and Multifuel Stoves' started by Tristan, Dec 27, 2007.

Thread Status:
Not open for further replies.
  1. Tristan

    Tristan
    Expand Collapse
    New Member

    Joined:
    Sep 27, 2007
    Messages:
    74
    Likes Received:
    1
    Loc:
    Central MA
    Does any one have any knowledge regarding this matter? i've heard through the grapevines that there might be some sort of tax credit for using Pellets. I suppose this might be the same idea of getting some sort of a tax credit for havng an alternative fuel source automobile. Can some one please enlighten me? Yes yes, I know " go to a tax guy" .... the problem with that is I tried, and instead of giving a straigh forward answer, he want me to bring in my books... blah blah. Thank you.
     

    Helpful Sponsor Ads!





  2. webbie

    webbie
    Expand Collapse
    Seasoned Moderator
    Staff Member

    Joined:
    Nov 17, 2005
    Messages:
    12,190
    Likes Received:
    1,086
    Loc:
    Western Mass.
    Don't think anything like this has gone through or been funded...other than pellets are exempt from sales tax in many states.

    There is stuff in certain legislation about the stoves themselves, but nothing that has been funded or written into law.

    So, the bottom line as far as I know is "nothing doing".
     
    Collapse Signature Expand Signature
  3. petejung

    petejung
    Expand Collapse
    New Member

    Joined:
    Sep 28, 2007
    Messages:
    212
    Likes Received:
    0
    I saw this post and was hopeful... Nuts.
     
  4. tinkabranc

    tinkabranc
    Expand Collapse
    Minister of Fire

    Joined:
    Oct 23, 2007
    Messages:
    1,643
    Likes Received:
    8
    Loc:
    South Coast MA
    Bummer- I was hopeful too, cuz every little bit helps :down:
     
    Collapse Signature Expand Signature
  5. Harley

    Harley
    Expand Collapse
    Minister of Fire

    Joined:
    Apr 11, 2006
    Messages:
    997
    Likes Received:
    1
    Loc:
    Ashfield, MA
    Nothing that I'm aware of on the Federal level, and there isn't any credit or offset here in MA (some states may have something). I get the questions lots of times... "I heard you can get a credit or deduction for __________". More often than not - its not true. I keep looking.
     
    Collapse Signature Expand Signature
Thread Status:
Not open for further replies.

Share This Page