We bought a used Intrepid II 1990 last year (2022) and installed it ourselves (paying close attention to the required clearances, etc). We paid about 1000 for the stove and about 1000 for the materials for installation. A couple of questions:
1. The stove is on the EPA list, when you check the " Previously Certified Models that are Out of Production". Does that mean that the stove qualifies for the current tax rebate?
2. I don't see anything in the IRS information that specifies that you have to buy a new stove for the credit--anyone have experience or knowledge about that?
3. I assume that IF the stove qualifies we can take the credit for the installation materials even if we can't include the cost of the stove (because of it being used). (We bought it assuming we could only take the credit for the installation materials but now I am wondering if the stove itself might qualify.)
Thank you for sharing your experience, I have learned a LOT from this forum. By the way, I expect some to recommend that we ask our tax guy but we do our own taxes so I thought I would see if anyone here could help.
Kathy
I know that Vermont Castings stoves are not loved by all but this stove has worked very well for us. We are now very comfortable in the evenings and have saved on our utility bill each month. This is our first wood stove and we are learning.
1. The stove is on the EPA list, when you check the " Previously Certified Models that are Out of Production". Does that mean that the stove qualifies for the current tax rebate?
2. I don't see anything in the IRS information that specifies that you have to buy a new stove for the credit--anyone have experience or knowledge about that?
3. I assume that IF the stove qualifies we can take the credit for the installation materials even if we can't include the cost of the stove (because of it being used). (We bought it assuming we could only take the credit for the installation materials but now I am wondering if the stove itself might qualify.)
Thank you for sharing your experience, I have learned a LOT from this forum. By the way, I expect some to recommend that we ask our tax guy but we do our own taxes so I thought I would see if anyone here could help.
Kathy
I know that Vermont Castings stoves are not loved by all but this stove has worked very well for us. We are now very comfortable in the evenings and have saved on our utility bill each month. This is our first wood stove and we are learning.
