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April 14, 2009

30% tax credit for saving energy at home

  • The list of big-ticket items covered is long: windows, outside doors, metal or asphalt roofs, heating and cooling equipment, and fuel cell batteries.
    • By J.W. ELPHINSTONE
    AP Real Estate Writer

    NEW YORK — Before you put your 2008 tax documents up in the attic, think about the $1,500 you could save on next year's returns if you added extra insulation or a skylight.

    Congress tripled the tax credit for energy-efficiency home improvements when it passed the latest stimulus plan. The tax credit now covers up to 30 percent of the cost of products installed this year and next.


     
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