I have a couple general questions on the Energy tax credit.
First, ...my apologies if this is the wrong forum. Second, ...I did check http://www.hpba.org/ and scanned through http://www.irs.gov/pub/irs-drop/n-09-53.pdf, ...however I wasn't able to find conclusive answers.
Obviously I will check with my accountant, but thought to ask here...
My questions:
1.) Is the Energy credit good on a (qualifying, ...ie. Jotul F 500 Oslo) used stove?
I obtained a receipt from the (private party) seller, along with Jotul's certificate claiming the stove's rating.
2.) Do the hearth and chimney materials qualify if I do the ("professional") install?
I assume 'my' labor will not count, but can the materials used be included when I am installing. (Not that this should matter, but I will add, I have worked with masonry for many years, even specifically with hearth installs as a part time job while in college. I am not claiming to be an expert, ...just that I have the capability to do the job.
3.) Can an individual apply for the credit, ...for BOTH 2009 and 2010 ?
(assuming they have qualifying expenses in each of those respective years)
Thanks in advance for any information,
Kevin
First, ...my apologies if this is the wrong forum. Second, ...I did check http://www.hpba.org/ and scanned through http://www.irs.gov/pub/irs-drop/n-09-53.pdf, ...however I wasn't able to find conclusive answers.
Obviously I will check with my accountant, but thought to ask here...
My questions:
1.) Is the Energy credit good on a (qualifying, ...ie. Jotul F 500 Oslo) used stove?
I obtained a receipt from the (private party) seller, along with Jotul's certificate claiming the stove's rating.
2.) Do the hearth and chimney materials qualify if I do the ("professional") install?
I assume 'my' labor will not count, but can the materials used be included when I am installing. (Not that this should matter, but I will add, I have worked with masonry for many years, even specifically with hearth installs as a part time job while in college. I am not claiming to be an expert, ...just that I have the capability to do the job.
3.) Can an individual apply for the credit, ...for BOTH 2009 and 2010 ?
(assuming they have qualifying expenses in each of those respective years)
Thanks in advance for any information,
Kevin