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Going Green? Top 4 Tax Breaks
Many people are choosing a greener lifestyle because it’s good for the planet, but did you know it can be good for your taxes too? Here’s a look at four things you can do to help ease your tax burden while at the same time becoming less taxing on the environment. Read more…

What Is the IRS Form 5695?
You must complete IRS Form 5695 if you qualify to claim the non-business energy property credit or the residential energy-efficient property credit. Read more…

What Is IRS Form 8910: Alternative Motor Vehicle Credit?
If you purchased a vehicle with fuel cells, you may qualify for a tax credit. IRS Form 8910 is used to figure out that credit. Read more…

Energy Tax Credit: Which Home Improvements Qualify?
The full renewable energy tax credits are good through 2019 and then are reduced through the end of 2023. Claim the credits by filing Form 5695 with your tax return. Read more…

What Are Energy Tax Credits?
In an attempt to promote a healthier environment, the U.S. Congress authorizes an array of energy tax credits as incentive for people using alternative energy resources. If you are eligible, these tax credits reduce the amount of income tax you owe on a dollar-for-dollar basis. To give that some context, a tax deduction only reduces the amount of income that is subject to tax, so energy tax credits could save you a lot of money. Read more…


More Going Green Articles

Conserve Energy, Save Money with Larger Credits Video: The 2010 Energy Tax Credit 10 Energy-Related Home Improvements You Can Make Today Video: Federal Tax Credit for Solar Energy Federal Tax Credit for Residential Solar Energy Video: What Are Energy Tax Credits? Filing Tax Form 8936: Qualified Plug-in Electric Drive Motor Vehicle Credit Are Energy-Efficient Appliances Tax Deductible? Electric Car Tax Credit: What is Form 8834? Video: Save Taxes by Saving Energy Video: Federal Tax Incentives: The Wind Power Tax Credit America's Greenest States What Is Form 8911: Alternative Fuel Vehicle Refueling Property Credit

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