Tax Credit Information

2011

So what's the story behind the Consumer Tax Credit for 2011?

Great question!
The former tax credits that were 30% expired on December 31, 2010...
However, new tax credits were passed, at lower levels.
You can still receive up to $300 tax credit if you act soon!

More info. can be found at the energystar.gov site (click here). Check out the '2011 Tax Credits' tab and click on 'Biomass Stoves;' links are provided concerning How to Apply.

Then, download and save our 2011 Manufacturer's Tax Credit Certificate, along with your receipts and any other required information.

What is a Tax Credit, exactly?
Consumers claim the credit on their federal income tax form at the end of the year. The credit then increases the tax refund or decreases the amount the taxpayer has to pay, dollar-for-dollar; whereas, tax deductions simply lower your taxable income. Please consult your tax advisor for more information.