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Tax Credit for Pellet Stove/Fuel?

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

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  1. Tristan New Member

    joined: Sep 27, 2007
    74 posts
    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.
    Tristan, Dec 27, 2007
    #1

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  2. webbie Administrator

    joined: Nov 17, 2005
    11,045 posts
    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".
    webbie, Dec 27, 2007
    #2

  3. petejung New Member

    joined: Sep 28, 2007
    212 posts
    I saw this post and was hopeful... Nuts.
    petejung, Dec 27, 2007
    #3

  4. tinkabranc Minister of Fire

    joined: Oct 23, 2007
    1,637 posts
    South Coast MA
    Bummer- I was hopeful too, cuz every little bit helps :down:
    tinkabranc, Dec 27, 2007
    #4

  5. Harley Minister of Fire

    joined: Apr 11, 2006
    997 posts
    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.
    Harley, Dec 27, 2007
    #5
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