Federal Tax Credit Program for Qualifying Residential Furnaces Tacoma, WA

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 provides for federal tax credits on qualifying, high-efficiency residential heating and cooling products and systems (HVAC) through December 31, 2013.

This program is an extension of the federal tax credits that were in effect during 2009, 2010, and 2011.

The maximum amount an eligible homeowner may receive in federal tax credits for purchasing and installing qualifying products, whether those purchases are in the form of upgraded insulation, windows, HVAC equipment or other eligible improvements, is now 10% of the cost of the improvement, including installation costs, up to $500 (with maximum per-category amounts listed below).
The $500 tax credit amount is reduced by the total amount of residential energy property credits a homeowner has claimed for purchases between 2006 and 2013. If a residential homeowner has already claimed single-family home tax credits of $500 or more from improvements made prior to 2013, he or she cannot claim any new tax credits during 2013.
All furnaces and boilers, whether fueled by natural gas, propane or fuel oil, must have an AFUE rating of 95% or higher to be eligible


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