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

[imacman]

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:

(broken link removed to http://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:

 

[imacman]

BUMP BUMP

 

[Skier76]

That's a nice find!

 

[hoverfly]

I installed mine last year but have not use it since I had not had it inspected by the town yet.........YES!!

 

[stoveguy2esw]

KUDO'S TO MACMAN! great find bro! hope this helps some folks out, guess the key is the inspection dating if applicable.

 

[imacman]

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

 

[LewLasher]

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

My own opinion about tax credits is that they should not be thought of as tax cuts, but rather, they are just a thinly disguised bookkeeping trick for the government to spend money without it appearing as spending.

 

[geek]

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:

yeah....right....LOL

 

[Wood Heat Stoves]

http://woodheatstoves.com/index.php?main_page=page&id=29&zenid=815754d0089ac3e631407a9b95cd1408

the most recent hpba faq on our site....june 12th

 

[treehackers]

Tax credit certificate from Breckwell

(broken link removed to http://breckwell.com/TaxCreditCertificate.pdf)

 

[Ossy]

THANK YOU MACMAN You just saved me about $500...

Again, a big THANKS!!

Ossy

 

[stoveguy2esw]

tax credit page from Englander;

http://www.englanderstoves.com/taxcredit.html

 

[imacman]

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: (broken link removed)

Lopi: (broken link removed to http://www.lopistoves.com/taxcredits/)

 

[imacman]

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

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

 

[stoveguy2esw]

in actuality all manufacturers selling in the U.S. are required to have a printable copy of the certificate available on their website (now if still in the stone age and selling stoves with this certification they would have to place a paper copy in each box) i doubt seriously that is the case.


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?

 

[imacman]

.....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?

Good idea, Mike.