How do I apply for the tax credit?

Question:

How do I apply for the tax credit? What tax form do I need for the energy efficiency tax credits?

Answer:

Tax Form

For products “placed in service“ in 2009, you need to file the 2009 IRS Form 5695 and submit it with your 2009 taxes (by April 15, 2010).

On the 2009 1040 form, the residential energy tax credit (from Form 5695) is claimed on line 52.

For products “placed in service” in 2010, you would take the tax credit on your 2010 income taxes.

What you need to submit and save

Save your receipts and the Manufacturer’s Certification Statement for your records.

Submit Form 5695 with your taxes.

This entry was posted on Monday, March 8th, 2010 at 1:21 am and is filed under News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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