Monday, October 11, 2010

2010 Minimize your Tax liabilities

House with solar cells © Bernhard Lang/Getty Images

 A tax credit is available for homeowners who install alternative energy equipment. It equals 30% of what a homeowner spends on qualifying equipment such as solar electric systems, solar water heaters, geothermal heat pumps and wind turbines, including labor costs. There is no cap on this tax credit.

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