Comments on: Go Green – $1500 HVAC Tax Credit

By: Jason Stom

Jason Stom — Wed, 24 Feb 2010 00:22:29 +0000

Hi Linda,
Unfortunately, I wouldn’t be qualified to answer your question as I don’t know the details of your situation. I would trust in your tax professional to find the right answer for your specific question.

By: Jason Stom

Jason Stom — Wed, 24 Feb 2010 00:14:48 +0000

Not for year 2009 taxes, but your still in luck. The tax credit goes through the end of 2010. You will be able to submit for your 2010 taxes

By: Anonymous

Anonymous — Wed, 24 Feb 2010 00:11:14 +0000

This month we had installed a furnace. Can we put that on our 2009 taxes.
Nancy

By: Linda

Linda — Tue, 23 Feb 2010 18:20:39 +0000

I am on fixed income and I had to have a new ac combinstion heat pump unit istalled. I got the unit that was with the certificate to get the tax credit. The cost was $5786.00 this uncludes installation. When my taxes were filled out. I was told that I didn’t qualify for the rebate. Because I got back all I had paid in. Does this still qualify me for the tax rebate. I had worked a little part time.

By: Jason Stom

Jason Stom — Sat, 20 Feb 2010 16:15:39 +0000

Hi John It can get confusing, but the guidelines are outlined by the government. The full details can be seen here. Your contractor should give you all the information before you purchase. If the equipment is not certified by the manufacture/ARI, you will not be eligible for the tax credit. This step is important in case you are audited.

By: JOHN

JOHN — Sat, 20 Feb 2010 04:57:15 +0000

I am in the process of hiring a contractor to install a new replacement hvac unit in my home. I was under the impression that the SEER rating should be at least 15 and the EER s/b 13. I read here that it must be a min of 16 SEER. What gives?

thanks

JOHN

By: Jason Stom

Jason Stom — Thu, 18 Feb 2010 00:35:04 +0000

Hi Marc,
This is a excellent question. I would have to say that you will definitely want to check with your tax professional on this one. I would assume the answer will be no because it was done prior to closing. But in my opinion you should be allowed the credit because you chose to upgrade and make it a high efficient system. Also kudos to you for telling the builder what you want in your HVAC system. A lot of folks just sign the contract and let the builder put in what ever they want with a sub-par installation causing all kinds of problems in the future.

By: Marc

Marc — Wed, 17 Feb 2010 23:57:09 +0000

Hi Jason, great article, thank you! You mention that new construction is not eligible for the tax credit. Is this the case even if we paid extra to have the AC unit installed? In other words, it was not part of the original plan and we paid the builder an additional sum for it, however it was installed prior to the closing.

By: Jason Stom

Jason Stom — Tue, 09 Feb 2010 16:40:16 +0000

Hi Lee,

You would not be eligible for the tax credit because you did not pay out of your pocket for the replacement. Also, just installing any air conditioner does not allow for the tax credit. You must install a ARI approved, high efficient air conditioning with a rating of 16 SEER + 13 EER.

I can almost guarantee you that NO home warranty company would have installed a high efficient HVAC unit. They are nothing more than a insurance company and will do anything to pay as little for a claim (repair/replacement).

By: Lee

Lee — Tue, 09 Feb 2010 04:01:50 +0000

We have a home warranty with a co-pay of $60. This year, we had to have our ac unit replaced and all we had to pay was the co-pay. Can we still claim the ac value ($3200, I think) on our taxes, even though we didn’t actually “pay” that for the new ac unit?